The document discusses branding and cultural entertainment. It provides definitions of branding from experts, noting that a brand transfers information, meanings and feelings. It discusses how brands can differentiate products, reduce price competition, and help build communities. The document also discusses branded entertainment and how brands partner with music groups and movies to promote their brand. It provides examples of how Kiss and Sony have leveraged entertainment partnerships to grow their brands to over $1 billion.
20. “… the practice of tying a brand name to an entertainment property with seamless integration and a natural fit…”
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24. “ ...Kiss has licensed its name to more than 2,000 product categories, from lunch boxes and comic books to credit cards and condoms to become nearly a one-billion-dollar brand..."
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27. “ ...Sony is estimating ‘This Is It’ will make $250 million in the movie’s first five days, which would shatter the current record of $204m held by ‘The Dark Knight’. Sony believes the movie will end up generating revenues of around $1 billion...”
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29. “ ...a b(r)and is a perfect tool for transferring information, meanings and feelings through media...”
69. The Dixie Chicks are a country music group, comprising three women; Martie Maguire, Natalie Maines, and Emily Robinson. Together, they have sold over 36 million albums as of May, 2008. The group formed in 1989 in Dallas, Texas, was originally composed of four women performing bluegrass and country music and touring the bluegrass festival circuits and small venues for six years, without attracting a major label. After the departure of one band mate, the replacement of their lead singer, and a slight change in their repertoire, The Dixie Chicks achieved massive country music and pop success, beginning in 1998 with hit songs like "Wide Open Spaces", "Cowboy Take Me Away", and "Long Time Gone". The women became well-known for their independent spirit and outspoken comments on controversial subjects, including politics.