Internet has produced a bumper crop of box-office flops of late, particularly on the entertainment front.
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.
The most popular articles
Jurors in singer Michael Jackson's child abuse trial are expected to return for their third full day of deliberations on Wednesday.
more »
The film "Mar Adentro" -- or "The Sea Inside" -- tells the true story of a quadriplegic who wanted to end his life
more »
Vilnius, the capital of Lithuania, has been announced European Capital of Culture 2009 and is the first among new EU-10 capitals to be given the name
more »
The Christian world celebrates Jesus' noble entry into Jerusalem on the last Sunday befor Easter. In Lithuania this day is called Verbu Sekmadienis – Palm Sunday.
more »
The duo Valters un Kaža with their song "The War Is Not Over" won the national final Feb. 26 and will represent Latvia in the Eurovision Song Contest in Kiev, Ukraine, on May 21
more »
Latvian pop band Prāta Vētra (Brainstorm) is getting a chance to play its music to fans of the American band R.E.M. as it warms up concertgoers in 10 countries beginning with a sold-out performance in Bolzano, Italy
more »
The No Border Festival will take place on March 20th, 2005 at the famous "Stodola" club in Warsaw
more »
Germany plans reality show 'without end' in new Big Brother village
more »
Columbia Museum of Art to salute ‘Immaculate Conception’ before sending it to the Vatican for a few months
more »