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The money and magic of Suaalii Inc

The money and magic of Suaalii Inc

Joseph-Aukuso Suaalii made the short walk to his parked matte black Land Rover Defender on Lansdowne Street in Sydney's trendy inner-city suburb of Surry Hills. He'd just spent the day at a photo shoot for GQ magazine, dressed in more than $35,000 worth of luxury fashion goods and was carrying three tangerine-coloured Louis Vuitton shopping bags full of clothes back to his car.
In a video uploaded to his Instagram from that day, the 21-year-old flashed more than $140,000 worth of goods in just one minute and 49 seconds. Though he's paid millions to play rugby, he likely kept the clothes for free.
He'd arrived at Debut Studios earlier that day wearing a $225 jumper – a bargain compared to the outfits he would change into. In one shot, Suaalii wears a $3,500 baby-blue mohair sweater paired with jeans worth $3,150 and sneakers that cost $845 for each shoe. On his wrist, a stainless-steel watch worth $35,000. In another, a rugby polo, only this one costs $2,620, described as taking a 'chic twist' on the sportswear.
In an ironic detail from that day, Debut Studios sits in Suite 61 on the sixth floor of the building. As Suaalii walks into frame, he looks out of an open window, offering a direct view of the Sydney Roosters club grounds he left last year for a deal with Rugby Australia worth $5.4 million. He turns back around, fixes his $2,000 shirt and faces the camera.
Although being a teen sporting prodigy and achieving early career success on the field has increased the commercial value of Suaalii's name, there's more that separates his brand's capacity for profit from his teammates.
Professor in sport management Adam Karg said what you look like, who you know, and how you behave are also significant in a brand choosing you to work with, especially one worth as much as Louis Vuitton's $51 billion brand.
'In order to be able to commercialise that brand, you do need, rightly or wrongly, a really strong set of eyeballs. Essentially, you need to be able to generate media interest,' Karg said.
'Now, that can come through physical appearance. It can come through, obviously, on the field, performance being a degree of that as well, and then really you need a brand to see something in you that connects with them and their audience.'
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Colbert called the payment "a big fat bribe" two days before he was told his show was cancelled.

Colbert is latest casualty of late-night TV's fade-out
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Late-night television had been fighting for its survival even before The Late Show with Stephen Colbert was cancelled last week. The announced end of one of the most popular broadcast late-night shows, days after host Stephen Colbert accused the network owner of bribing President Donald Trump to approve a merger, drew cries of political foul play from liberal politicians, artists and entertainers. "Stephen Colbert, an extraordinary talent and the most popular late-night host, slams the deal. Days later, he's fired. Do I think this is a coincidence? NO," Vermont Senator Bernie Sanders, an independent, wrote on X. CBS executives said dropping the show was "purely a financial decision against a challenging backdrop in late night. It is not related in any way to the show's performance, content or other matters happening at Paramount". The late-night format has been struggling for years as viewers increasingly migrate to streaming. Younger viewers, in particular, are more apt to find amusement on YouTube or TikTok, leaving smaller, aging TV audiences and declining ad revenues. Americans used to religiously turn on Johnny Carson or Jay Leno before bed, but nowadays many fans prefer to watch quick clips on social media. Advertising revenue for Colbert's show has dropped 40 per cent since 2018 - the financial reality that CBS said prompted the decision to end The Late Show in May 2026. One former TV network executive said the program was a casualty of the fading economics of broadcast television. Colbert's late-night show rivals Jimmy Fallon and Seth Myers both expressed shock over the cancellation. "I'm just as shocked as everyone," Fallon wrote on Instagram. "For as great a comedian and host he is, Stephen Colbert is an even better person," Meyers wrote on Instagram. Fifteen years ago, a popular late-night show like The Tonight Show could earn $US100 million ($A153 million) a year, the executive said. Recently, though, The Late Show has been losing $US40 million ($A61 million) a year, said a person briefed on the matter. The show's ad revenue plummeted to $US70 million ($A107 million) last year from $US121million ($A185 million) in 2018, according to ad tracking firm Guideline. Ratings for Colbert's show peaked at 3.1 million viewers on average during the 2017-18 season, according to Nielsen data. For the season that ended in May, the show's audience averaged 1.9 million. Comedians like Colbert followed their younger audiences online, with the network releasing clips to YouTube or TikTok. But digital advertising did not make up for the lost TV ad revenue, the source with knowledge of the matter said. But the end came at a politically sensitive time. Paramount Global, the parent company of CBS, is seeking approval from the Federal Communications Commission for an $US8.4 billion ($A12.8 billion) merger with Skydance Media. This month Paramount agreed to settle a lawsuit filed by Trump over a 60 Minutes interview with his 2024 Democratic challenger, Kamala Harris. Colbert called the payment "a big fat bribe" two days before he was told his show was cancelled.

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