ChineseRestaurantCapitalism

keeping the economy honest

Charlie Sheen lost his sweet gig

Charlie Sheen just lost his sweet gig because of his recent radio rant, which led the network to cancel the show.  Too bad, Sheen will have to kiss his fat $1.2 million/episode paycheck goodbye.  Now, that’s a sweet gig by anyone’s standard.  I would like the network to replace Sheen with another actor for $200,000/episode (which is still a sweet gig for 99% of the population)  to save the advertisers $1 million/episode.  Sheen is probably the best actor for this role given his mirroring lifestyle and will get the show more ratings and its advertisers more sales.   But we all know in business, what matters is profit not revenue.  The advertisers might have more revenues with Sheen, but they would have to get more than $1 million in sales per episode to get better profit with Sheen.  Finally, it’s not at all certain that this advertising generates a positive return.  If it did, then why would any company ever cut advertising spending?  … read more

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: