Word: idols
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Calling Einstein his boyhood idol, Magueijo said that he and his close colleagues are in fact further developing Einstein’s project—correcting him on this point...
...worth more than $300 million. But with reality TV looking ripe to go the way of prime-time soap operas and other fads, the genre must evolve to survive. And Fuller knows it. "In England the bubble's already about to burst," he says, even as he oversees Pop Idol's second British series, a global rollout in China, Norway and other countries, and a set of new reality-TV shows planned with ABC and Fox. His solution is for the format to devour itself. "The clever thing," he says, "is to take it and parody...
...discerning crowd currently likes the American Idol format, which spends several months publicly culling the herd to about 10 finalists and then launches a series of up-close-and-personal, sudden-death sing-offs. This is the brainchild of three Simons--Fuller came up with the concept, but it was fine-tuned with the help of Simon Cowell, a music-industry executive (and the acerbic judge in the U.S. and British versions) and Simon Jones, head of FMusic TV, part of FremantleMedia, the company that jointly owns and produces the Idol format globally. South Africa and Poland have had their...
...Idol not only helps Fuller discover new talent but also lets him feed all the various parts of his mini-conglomerate, including an artist-management company, a TV-production company and a music publisher. He has first option to sign whoever wins (indeed, whoever makes the top 10), taking a 15% to 20% cut of the winner's income. He can then deploy one of the songwriters he manages--including Cathy Dennis, who with Rob Davis co-wrote the Kylie Minogue hit Can't Get You Out of My Head--to pen tunes for his singers. (Dennis helped write Clarkson...
Some industry watchers predict that Idol will generate as much as $155 million in the next three years in Britain alone, including ad revenue and record sales. In the U.S., Fox paid about $1 million an episode for American Idol's 25-show run, and such a sum seems very reasonable in retrospect. Ford, Coca-Cola, AT&T, Clairol and Old Navy, among others, have signed on as advertisers for this year's version...