From the AP…
The Marley name, look and sound are estimated to generate an estimated $600 million a year in sales of unlicensed wares. Legal sales are much smaller — just $4 million for his descendants in 2007, according to Forbes magazine. The Marleys refuse to give a figure.
Now the family has hired Toronto-based Hilco Consumer Capital to protect their rights to the brand. Hilco CEO Jamie Salter believes Marley products could be a $1 billion business in a few years.
Hey, a BILLION a year…that adds up pretty quick. But, it’s not about the money people…it’s about the message.
The family says it cares less about moving merchandise than about preserving the patriarch’s legacy in such efforts as the Marley organic coffee farm, whose product is dried, roasted and packaged in bags emblazoned with Marley song titles such as “One Love” and “Mystic Morning.”
“People need to know what they’re getting is from the Marley movement, a movement of sustainability,” said son Rohan
Fender Guitars continues the apparently mercenary approach to brand diversification. From Phone News…
The myTouch 3G Fender Limited Edition has a guitar-inspired wood-grain finish and a built-in 3.5mm headset jack but is otherwise identical to the current myTouch while including a 16GB microSD card loaded with videos from a variety of musicians known for their use of the near legendary guitar.
The device will be available in time for the holiday season with pricing and availability yet to be determined.
Although I’m a sucker for “guitar-inspired” trophy gizmos, I think I’ll wait for the “myTouch 3G Fender Road Worn Relic” edition.
From Breitbart/AP…
GM has a tenatative agreement to sell its rugged Hummer brand to Sichuan Tengzhong Heavy Industrial Machinery Co. of China, said a person briefed on the deal…
…Sichuan Tengzhong deals in road construction, plastics, resins and other industrial products, but Hummer would be its first step into the automotive business, said the person briefed on the deal. The person spoke on condition of anonymity because the details have not been made public.
Hunh!!??
The Uber SUV is going to be owned by the Chinese?
The vehicle that gave unpretentious a bad name is going to be manufactured by a resin company?
It’s probably not right but, I think I will feel a little more self esteem next time one of these babies pulls up next to me at a red light.
MADE IN CHINA
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