Finebaum Headed To ESPN, SEC Network NFL Owners Award Super Bowls L, LI NBC Earns Best Preakness Audience Since '09 Durant, Thunder Donate To Tornado Relief Long Beach To Host Volleyball Tourney Microsoft Unveils $400M NFL Partnership Report: Lions To Create Bowl Game Final Days To Purchase SBA Tickets Yankees, Man City Partner On MLS Team NFL Set To Award Super Bowl Sites
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COCA-COLA RENEWS AGREEMENT FOR NBA ADTIME SIGNAGE
Dorna USA announced that Coca-Cola has renewed its agreement to advertise on Dorna USA's AdTime Signage Systems in NBA arenas during the '94-95 season. Coca-Cola will feature a variety of brands on AdTime, including Coke, Diet Coke, Coke Classic, Sprite and Powerade. Jerry Cifarelli, Senior VP of Dorna, USA: "The presence of Coca-Cola in our NBA lineup for the third consecutive season is of tremendous value to AdTime and speaks volumes about the effectiveness of our system." AdTime is a state-of-the-art rotational signage system that displays only one advertiser message at a time, so advertisers "own" exclusive advertising locations in an arena (Dorna).
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COORS SALES INCREASE IN THIRD QUARTER
Adolph Coors Co. announced higher net sales and net income for the third quarter of '94. The company's net sales of $555.6M is up 3.7% from last year, and net income improved to $17.3M. up 80.9% from '93. Increased sales were partially the result of improved sales achieved by the company's principal subsidiary, Coors Brewing Co. (CBC). CBC's sales reached a record 6,884,000 barrels for the third quarter, up 1.7% from last year. Premium products account for more than 87% of Coors Brewing Co. sales, the highest percentage among major U.S. brewers (Coors).
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MARKETPLACE ROUND-UP
CBS' Reed Galin reports on O.J. Simpson's increased marketability since his trial began: "Before all this happened O.J. had a very saleable image -- All-American, heroic, nice guy. Reversing that image seems to have, in a strange way, increased his marketability. An entire industry has grown around him while Simpson sits in the L.A. County Jail" ("Evening News," CBS, 10/31)....RJR Nabisco is taking "what may be the first step in dividing its tobacco and food divisions" by selling 19% of its shares in a public stock offering ("NBR," PBS, 10/31). CNBC's Sue Herrera says "some analysts are saying RJR should have made a more complete break between its food and tobacco operations" ("Market Wrap," 10/31). -
PRO BILLIARDS TOUR SHOPPING FOR SPONSORS
The Pro Billiards Tour, formed in '91, is targeting new sponsors. Currently, the tour consists of 16 big money events staged in major casinos and convention centers and has a TV contract with ESPN and Prime Network. The Tour is setting up official product centers offering licensee merchandise at 6,000 billiard rooms across the country. With that in mind, the Tour is looking to sign on an apparel sponsor (Pro Billiards Tour).
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SPORTS AUTHORITY TO EXPAND BY 11 STORES THIS MONTH
Sports Authority, which bills itself as the largest full- line sporting goods chain in the nation, will open its first store in the Sacramento area this month. This store is one of 11 stores the company will open nationwide between November 10 and November 25. Vince Osborne, VP/Marketing for Sports Authority, said the retailer plans more expansion in CA in '95 as well as int'l expansion in areas such as Canada, Europe, Puerto Rico and Japan in '95 (Mark Glover, SACRAMENTO BEE, 10/29). KMART STOCK OFFERING EXPANDED: KMart and The Sports Authority announced that the size of The Sports Authority's Initial Public Offering has been increased from 10.2 million to 12.3 million Common Shares. Upon completion of the IPO, KMart's ownership interest in The Sports Authority will be 39% -- down from 49% (KMart).




