Tuesday, October 26, 2010

8101: Dead Man Profiting.


Money matters in a MultiCultClassics Monologue…

• Michael Jackson is the world’s highest-earning dead person, collecting $275 million in the past year—more than the next 12 celebrity corpses combined. Somebody should do a relevant re-edit of Thriller.

• BP has agreed to pay Florida $20 million over the next 3 years in order to cover the cost of seafood inspections and a marketing campaign. That’s a very cheap amount for a marketing campaign, given that estimates show BP has paid over $100 million for its own marketing efforts during the Deepwater Horizon disaster. This is eerily like Big Tobacco funding anti-smoking campaigns or liquor companies bankrolling marketing that warns of the dangers of drunk driving.

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