Star power in cyberspace

Published: 12 November 2000 y., Sunday
Hollywood and the Internet are a lot alike. And plenty of celebrities are willing to trade their endorsements for a piece of the box office. Tom Arnold doesn't use the internet that much.He primarily plays solitaire on his computer and only goes online to answer e-mail. Yet that did not sway the actor from joining the board of directors and acting as spokesman for Broadband Infrastructure Group, a St. Louis Internet company. Eventually he plans to launch an Internet talk show with the company's help. Before joining Broadband, Arnold was approached by other Internet companies promising stakes in their ventures in exchange for an endorsement. "You get into these meetings and people have some very big numbers for you," Arnold says. "For a minute I believed them. "But the Internet is just like Hollywood. Every movie is going to be a hit movie and everyone is going to make half-a-billion dollars and it doesn't always work that way. That's how the Internet goes." To be certain, the Internet has produced a bumper crop of box-office flops of late, particularly on the entertainment front. For dot-com start-ups with little cash on hand, granting rich option packages to celebrities such as supermodel Cindy Crawford is a sure-fire method of securing instant branding and a measure of credibility for their sites. For the celebrities, it's a chance to gamble on the Internet bonanza like any other investor, and an opportunity to get involved in ventures in which they may share an interest beyond their mainstream careers. While some celebrities simply represent online companies, a few, like Shaquille O'Neal, Martha Stewart and Oprah Winfrey, have become Internet moguls in their own right. Stewart runs Martha Stewart Living Omnimedia, which went public last year and includes her MarthaStewart.com site in addition to her Martha Stewart Living newspaper, magazine and television offerings.
Šaltinis: Interactive Week
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Britney Spears unveils Circus tour

Britney Spears kicked off her much-anticipated world tour in her home state of Louisiana. more »

Talk of the town: Britney on tour

The latest entertainment news includes Britney Spears' new outing and expectation that Michael Jackson will make a comeback tour. more »

Face of young da Vinci revealed

The sketch of the young Leonardo da Vinci`s face was discovered when an Italian science reporter spotted a nose drawn amidst da Vinci's writing in a codex on the flight of birds. more »

YSL auction fetches record price

Yves Saint Laurent created beauty in life as one of the world's top fashion designers and he is still doing it after his death with the selling of his art collection. more »

Georgia Eurovision gets political

Saying they 'don't wanna put in' the Georgia's band admitted there is a play on words, and that by taking part in the competition they should send out a message to Europe, and primarily Russia. more »

Winter will conclude with Vilnius baroque frozen in ice

On February 21-28, the City Hall Square in Vilnius will feature Icy Baroque. more »

Entropa: provocative art or artistic provocation?

The Czech Presidency of the EU dominated the headlines in early 2009. more »

Opera on ice

The Bregenz Festival in the Austrian mountain resort of Lech am Arlberg is well known for putting on performances on large floating stages. more »

Talk of the Town: Christian Bale blasts out

Christian Bale can be heard in newly surfaced audio delivering a profanity-laced thrashing to a cinematographer and anyone who tried to calm him down on the set of the upcoming „Terminator Salvation“. more »

Artists stage food fight

Members of the city's art elite watched intently as two teams of combatants threw cake and yoghurt at each other. more »