|"Won't Back Down" revenues after 21 days|
Sunday, October 21, 2012
"Won't Back Down" a "loss leader" for the privateers?
For both of these privateers, their apparent desire to dismantle the public schools apparently won over their greed.
Will they manage to keep the film going nationally for another week? In NYC, starting Monday the only theater that will still be showing the movie is in Glendale Queens; offering discounted tickets at 5:40 PM.
As Diane Ravitch points out, however, the US Chamber of Commerce along with other corporate reform and astroturf groups are holding free screenings of the film nationwide, to aid in their privatization campaign as part of a nationwide tour called “breaking the monopoly of mediocrity."
Speaking of monopolies, Murdoch is set to expand his control of the mainstream media and is in negotiations to buy up the LA Times and Chicago Tribune to further grow his mega-empire. As we know too well, he has expanded into “education technology” products in a division run by Joel Klein, now renamed “Amplify.”
Klein has expressed outrage that he and the division he runs for Murdoch are solely motivated by profit. To some extent the marketing and continued promotion of this film might support his claim, which has been a money loser at least in the short run.
Murdoch, Anschutz and the cadre of privateers they represent are focused on the long-term goal of putting public schools and educational services into corporate hands; arguing that this will somehow improve outcomes for kids.
Of course, to the extent they achieve the privatization of the public schools, the more potential profits they are likely to reap in the long run. In this regard, the film “Won’t Back Down” represents a “loss leader,” defined by Wikipedia as follows: “an item is offered for sale at a reduced price and is intended to "lead" to the subsequent sale of other items, the sales of which will be made in greater numbers, or greater profits, or both.”