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Starbucks promotional partner Lionsgate cuts Q1 losses

Akeella Promotion Cup SleeveLionsgate Films partnered with Starbucks (SBUX) this year on promotion of the film Akeelah and the Bee, which you might recall was a less-than spectacular campaign involving cup sleeves like the one pictured at right. The promotion will continue with DVD sales of the film, which grossed a disappointing $18.8 million on 2195 screens.

Now Lionsgate has said it will cut its losses after a disappointing first quarter. Starbucks may have better luck with its book club, but it's tough selecting creative projects that will be acceptable to a broad range of customers.

The coffee retailer's "The Way I See It," campaign of placing quotes from various thinkers brought its own controversy when introduced. Not the substance of the quotes themselves so much as the political views, and even lifestyles, of some of the sources, which were deemed offensive and/or biased by some critics.

Starbucks won't please everyone, but seems intent to try not displeasing anyone. Focusing on sentimental heartwarming fare like the spelling bee movie and Mitch Albom's slender lightly-spiritual works seems prudent, if not incredibly inspired.

Michael Canfield is a private investor, a business and media writer, living in Seattle. He doesn't own stock in Starbucks.

Starbucks pushes Albom novel

Mitch AlbomStarbucks (SBUX) will partner with bestselling author Mitch Albom (The Five People You Meet in Heaven, Tuesdays with Morrie) to promote his new novel according to the New York Times Book section. Albom's second novel For One More Day has been chosen to kick-off the coffee retailer's new book program which will make selected books available for sale in outlets as it has done with its long-running offerings of music CDs. That Albom's book is the first offered was leaked to the press yesterday, and Starbucks is expected to announce it formally tomorrow. I guess someone got so excited that they just couldn't keep quiet any longer.

The company's promotion of a film this spring met with less than spectacular results, we'll see if a book is more in line with the "Starbucks culture." Of course, results depend on the quality of the individual work on offer, at least a little bit ...

Michael Canfield is a private investor, a business and media writer, living in Seattle. He doesn't own stock in Starbucks .

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Last updated: May 28, 2012: 07:55 AM

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