SpinCo, indeed

ClearChannel Entertainment—the part of the company that controls music venues and is almost universally reviled among concert-goers for its infamous arena fees—has spun off into a subsidiary named to SpinCo. (The name change happened a few months ago, but the near-news hook is that the spin-off was finalized last week.)

I think that may be the most Orwellian re-branding since Phillip Morris became Altria (which sounds ever so friendly and giving and non-carcinogenic).

Maybe the Bush administration should hire that firm to re-brand the war in Iraq?


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