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Sex, Booze and Rock 'n' Roll: Don't Let Your Family Business Become a "True Hollywood Story"

Posting by:  Debra Andrews
Date: August 3, 2009

Wineries and other alcohol-based enterprises are often family businesses, passed on for generations.  We’ve heard that alcohol impairs judgment – is this the case in the alcohol industry as well?  Perhaps not, but read on from the article at the link below to learn about the family squabbles, financial squandering, and foolish squelching of the voice of reason pointing to the downfall of the Seagram’s empire.  Lessons learned?  Maybe that the family business might be better served not believing in the rock ‘n’ roll and glamorous hype of its own advertising. 

http://www.minyanville.com/articles/DD-Vivendi-tropicana-BRONFMAN-SEAGRAM-ABSOLUT/index/a/22951

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