Rumor: (RED) Raised $20m For Charity, Could Have Sold Licenses For $50M
We thought we’d just let our meme about (RED) lie, but the emails and comments suggest that there’s a number of people out there who are questioning the effectiveness of the (RED) charity. I suppose this is where we could get sued:
One whisper we received helped support our questioning: rumor has it that Motorola paid $10 million for a license to use the (RED) brand. So, if you have 5 brands who paid the same figure, (RED) would have raised $50 million from the brands who also did all their own marketing. So, how did they only get to $20m in charity donations?
We’ll publish any response from (RED) here.
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| TOPICS: | Advertising, Branding & Marketing, Electronics & Gadgets |
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