The Edge

Richard Northedge takes on corporate finance

Archive for the ‘Entertainment’ category

Tiger Woods commercial future crashed with the car

What would the gurus at Accenture (NYSE:ACN) say about Tiger Woods’ predicament following his early morning car crash? The golfer has been the face of the management consultancy since 2003 and the mystery over the collision risks affecting his commercial earnings as well as his playing career.
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Sir Alan gets his peerage but will the apprentices get loans?

Alan Sugar made the right decision in choosing Yasmina Siadatan as his new apprentice on his TV show, but is it the right decision to make him the government’s enterprise champion?
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Football rights ready to claim a new victim

An economy based on football and television doesn’t sound the most sophisticated, but that combination has been powerful for two decades and will soon decide the future of Setanta, the Irish broadcaster.
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Channels 3, 4 and Five - a TV merger that does not add up

ITV describes its plan to merge with Channel 4 and Five as “blue sky” thinking. Well what does BSkyB think of it? Sky was blocked by the Competition Commission for a far smaller link with ITV.

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The Russians are buying art but Hirst is a seller

If bidders pay £111m for Damien Hirst’s latest works is the art market immune from the decline in other forms of asset values?
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Art for art’s sake

If a billionaire wants to buy two painting for £300m that’s his business. But how can UK galleries justify buying them for £100m (unless they are planning to flip them to the billionaire and keep the profit?).
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What return from Olympic sponsorship?

Name the 12 primary sponsors of the Beijing Olympics. The only point of them handing over $100m each is to improve their brand awareness, so if you can’t name them now the starting gun has been fired, it doesn’t look like money well spent.
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MBAs: Ethics versus enterprise

It is an irony of MBAs that those who have one fear these qualifications are being made worthless because these once-rare degrees are now being handed out by confetti, while those without one will do anything to obtain what they still think is a holy grail.

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Doing the Countdown sums

Channel 4 has decided to stop paying Carol Vorderman as though she was the chief executive. It is a lesson in market economics for the BBC.

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