2017 Oscars: celeb value and scandal

BVWireIssue #174-2
March 8, 2017

One of the issues in the Michael Jackson estate valuation case (see prior coverage) is the effect of scandal on celebrity value. The 2017 Oscars highlight the phenomenon that, even though a star may have been shunned (and devalued) because of scandal, a big hit can help erase those nasty memories. Hacksaw Ridge, one of the Best Picture nominees, saw director Mel Gibson being welcomed back with open arms after years of being on the outs because of controversial statements he made after a DUI arrest in 2006. In the audience, he was basking in the glow of his resurrected value. Of course, the Jackson scandal is different because it involved allegations of child molestation.

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