This is part of an oil industry public-relations campaign to thwart a growing movement in Washington to raise taxes on profits. The move is the first such effort in the company's history, as major oil firms try to dampen a political firestorm over soaring gasoline prices in spite of record earnings.
Last February, Shell reported that it had amassed record profits of $22.94 billion up nearly a third on the year prior. In just the last quarter of '05 it had made a record $5.4 billion.
"Our good performance in the fourth quarter 2005 gives us a solid platform to build on in 2006," said chief executive Jeroen van der Veer.
As to the U.S. road show, John Hofmeister, president of Shell Oil Co., the company's U.S. arm, said, "These are unprecedented times that require unprecedented responses."
Showtimes are 7 p.m. Thursday through Saturday, plus 11 a.m. and 3 p.m. Saturday and 1 p.m. and 5 p.m. Sunday. Tickets go on sale Monday, July 24, at 10 a.m. through all Ticketmaster outlets or the arena box office. Prices start at $11.75 all the way to $42.75 for front row seats. $65 seating is reserved for the Circus Celebrities. Rumor is that there are also five $1 billion seats reserved for Shell Oil Executives.
"So there you have it, Sir Martin's fervent wish that the world returns to a walled garden of proprietary content, a well manicured lawn and beautifully tended flowers where marketers reach consumers through saturation advertising or direct mail or other one way push tactics versus the Saffo/Jarvis/Gillmor view of a chaotic world of continuous discussion, learning from the crowd and remixed media where companies must cede control to gain credibility. To me the choice is as clear as Berlin before the fall of the wall and the Berlin of today." -- Richard Edelman
There you have it, indeed. The above quote is an excerpt from Richard Edelman's response to an article in the Financial Times last week, "Sorrell warns of e-communities threat." Like a drunken gambler's tell, in one simple gesture, Edelman, the CEO of one of the World's largest PR firms, reveals his hand, as well as his intensions. He's all in and then some. He's also betting the future of PR. Bottom line: He's got your future on the line, too.
Here's a brief examination of Edelman's big gamble. Here we also address the essential question "What if he's wrong?"
On Thursday, March 8, 2007 at 7:41 AM, Ronn Torossian, President and CEO of 5WPR, emphatically promised that he was going to sue us. No real reason, he was just irritated by our teasing him about getting in bed with pornographer Joe Francis. Anyway, Ronn gave his obscenity-laced word that we'd see the complaint in 72 hours. It's now late by
Kathleen Durazo about A Measly $2.8 Million Goes Missing, Lawsuit Results Fri, Jul 31, 10:58:34 AM Ray Durazo (the founder) sold the company to Dan in 1999. He was not involved in any of this. He (and I) found out about the lawsuit in the LA Times. In addition to embezzling this m [...]