Bailey came in for a storm of negative publicity in December 2004 after news her $400,000 salary had been doubled to $800,000. The pay rise was even probed in Parliament. Bailey said her salary was based on her "brand" but the criticism still hurt.
She says her "branding" expert told her she was worth $800,000 to read the news. Seems to me she rather overplayed her rather limited hand.
4 comments:
mqhdz'Branding Expert'
That brings up a mental picture of someone covered in tatoos and body piercings using a heated iron on her!
Now that's something I would pay money to watch!
What amused me - and I said this on another forum - was she said she couldn't get a good night's sleep and had post-natal depression cuz her baby woke in the night for 9 months. God gracious - I haven't had a good nights sleep in 17 years.
Another idiotic person who has come to believe their own publicity.
PC, there is nothing wrong with Judy Bailey doing what she is doing. I thought that Libertarianz stands for free choice, free market & capitalism. I am sure that your often quoted 'George Reisman' would see nothing wrong at all with Judy Bailey's way of marketing. If suckers fall for the way she markets her book and rush to bookstore to buy copies, then it is entirely their choice, isn't it? Same as obese people rushing to McDonald to buy hamburgers. They want to get fat, that is entirely their choice and not the state's job to regulate of what they want to eat. Judy didn't steal from the taxpayer at all, such as the Labour electioneering. If her brand value were worth $800,000 to TVNZ, so be it. Remember, that the market determined how much she was worth. TV1 news rating dropped when she left, obviously her salary of $800,000 because of her viewer pulling power. Now TV3 rating is gaining from her departure.
FF, my comment had nothing to do with the rights or wrongs of government action, it was a judgement on the market.
In a market, a thing is worth what someone wants to pay for it. What Judy is still struggling to understand is that she was judged by the market, and she was found wanting.
She thought (and still thinks) she was worth $800k to someone -- anyone -- but the buyers of her services decided quite quickly that she wasn't, and they are apparently still of that view.
Who can blame them?
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