United Airlines Lose $180 Million due to YouTube Video!
July 24, 2009 by: My WayThere was a great story on BBC Breakfast News this morning about how social media can seriously damage a brand. In this case a single YouTube video complaint about a bad experience with United Airlines has contributed towards United Airlines share price dropping by 10% and costing shareholders a reported $180 million!
Meanwhile, within four days of the song going online, the gathering thunderclouds of bad PR caused United Airlines’ stock price to suffer a mid-flight stall, and it plunged by 10 per cent, costing shareholders $180 million. Which, incidentally, would have bought Carroll more than 51,000 replacement guitars.
Here’s the video, titled “United Breaks Guitars” by Dave Carroll – so far having an incredible viral effect with over 3.9 millions views:
Related posts:















Tru Blood
Mint Frame - Digital Photo Frame Packed With Features!
Real Apple Tablet Photo? Possibly!
Ikea Is the Disney World of China
Ikea Shopping to Be Changed Forever by an iPhone App
iPhone Desk Phone
Netflix Coming Soon to PlayStation 3
Happy Eid
Mario and Luigi Own Restaurants in Manchester
Retractable Speed Bump Awards Slow Drivers
14 Most Beautiful Fountains and Water Sculptures
Scribble A Beautiful Masterpiece
Loopt First iPhone App With Always-On Location, Even When It's Not Running
Superconductor Train
Coolest Pics of Today
Hi-Can, the Ferrari of beds
Funny Sign