I'm usually really good about keeping up with design news, especially when it comes to logo design and I came across this interesting article regarding the cost of redesigning company logos. I was *appalled* by the costs for some of them ranging up to $136 million dollars. I understand the significance of branding, etc but for a logo redesign to cost that much?! Ridiculous! Some of the designs after all the rebranding were simplified and to be honest, didn't look as good. I still couldn't get over how much companies spent on changing their looks.
Check out this website for further pricing as well as the other company logos that got changed around ...
http://www.logodesign.com/?p=549