Penny Steps Down As USA Gymnastics President IOC Creates Group To Study Candidate Process USOC Short On Details After Gymnastics Meeting USOC Wants Gymnastics' Steve Penny Out Penny Situation Creates Rare Discord At NGB IOC Delays L.A. Visit After Recent Upheaval IOC Official Under Fire For Taking Payment IOC TV Rights Up 7% For '14, '16 Games IOC, WADA Get Tongue Lashing Over Russia Tension Mounts Between USOC, USADA
Published March 21, 1995
Producers of the Olympic Collectible lapel pins blame ACOG for creating a surplus of the item, according to this week's BUSINESS WEEK. ACOG licensed four companies, charging as much as $3.5M each and "then setting no cap on production numbers." Critics say the high fees "mean that licensees must crank out the pins to make back their money." Donald Bigsby, President of Olympic Collectors Club: "You can't mass produce collectibles" (David Greising, BUSINESS WEEK, 3/27 issue)....Group II Communications has been awarded a special marketing contract by ACOG. Group II will be responsible for developing interactive youth programs and products (Group II)....Xerox has selected William Kostka & Associates to handle public relations during the '95 Olympic Festival in Denver this summer in connection with its sponsorship of the '96 Games (DENVER POST, 3/20)....ACOG and Stadium construction officials "refused to speculate how the accident" that killed a stadium worker yesterday will affect the construction schedule for the Olympic Stadium (Michelle Hiskey, ATLANTA CONSTITUTION, 3/21).