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EARNHARDT DONS NEW COLORS FOR TOBACCO; HONDA'S BIG RACE?
Dale Earnhardt and Richard Childress announced yesterday that they will enter the Winston Select in Charlotte this weekend in a silver Chevrolet rather than "their traditional black paint scheme," according to this morning's CHARLOTTE OBSERVER. The change is to honor RJ Reynolds Tobacco Company's 25-Silver Anniversary as sponsor of the Winston Cup series. Earnhardt told T. Wayne Robertson of RJR's Sports Marketing: "Without you folks, we wouldn't be here and the sport wouldn't be where it is today (Tom Higgins, CHARLOTTE OBSERVER, 5/18). HONDA: After technical problems at last year's Indy 500, a second straight "disaster this year" for Honda could "dismay and discourage consumers at all levels of the operation," according to this morning's CHICAGO TRIBUNE. Robert Clark, GM of Honda Performance Development: "If we continue to have a poor performance with our engine, sure it could hurt us in time" (Mike Kilrey, CHICAGO TRIBUNE, 5/18). NASCAR NEWS: The Auto Ventshade Company, a NASCAR Supertruck Series by Crafts award sponsor, has unveiled a pair of new 30-second TV ads featuring TV race commentator Mike Joy. The ads will run for a five month campaign on TNN and Country Music TV....Jeff Gordon, P.J. Jones and Robby Gordon have signed on as members of Sears Next Generation DieHard Battery Team. Tom Yorton, Nat'l Marketing Manager for Sears, said the drivers are featured in a 30-second TV spot that first aired during the Daytona 500 (NASCAR NEWS). -
GRANT HILL SCORES WITH COVER DEAL WITH KELLOGG'S
Pistons rookie Grant Hill has signed a "major marketing slam dunk" and will be on the cover of over 5 million boxes of Kellogg's Frosted Mini-Wheats, according to Melanie Wells in this morning's USA TODAY. Kellogg's Karen MacLeod said the Hill deal was contingent on him winning the NBA's Rookie of the Year Award, which he is sharing with Jason Kidd. There will be two cover shots of Hill, one with him holding a basketball, the other with him jumping (USA TODAY, 5/18). Fila, one of the company's Hill endorses, ran a full-page ad in this morning's USA TODAY congratulating Hill on his award with the tagline, "Fila, Change the Game" (USA TODAY, 5/18). Hill appeared on PBS' "Charlie Rose" last night, and with Kidd on "Good Morning America" today. Kidd, asked by Charlie Gibson on sharing the award with Hill: "As a point guard, I don't mind sharing the ball" (ABC, 5/18). Hill, asked about the notoriety, endorsements and awards he has received in his rookie year: "I'd give it all up to be playing right now" ("Charlie Rose," PBS, 5/17). -
MARKETPLACE ROUND-UP
NationsBank's Web site (http://www.nationsbank.com) offers two free baseball tickets for Atlanta '96 if you order other Olympic tickets using the bank's Visa card through the Internet (ATLANTA CONSTITUTION, 5/17)....GM is targeting gays and lesbians by running an ad for Saturn in OUT magazine (USA TODAY, 5/18)....If the AVP is "trying to rid the sport of beach-bum stereotypes," it didn't help matters with its choice of a title sponsor for their event last weekend in San Diego, according to SPORTS ILLUSTRATED. "The benefactor: 1-800-COLLECT" (SI, 5/22 issue)....Dana Mozie, the songwriter who wrote "Go, New York, Go" for the Knicks is profiled in this morning's N.Y. DAILY NEWS. Mozie will also write a song for the Bulls. Mozie: "If you want to sound young and hip today, hip hop is it. The NBA knows that. The NBA is smart. It's riding hip top to the top" (N.Y. DAILY NEWS, 5/18).....Timberland's scheduled shift this summer of plants from the U.S. to Asia, Europe and the Caribbean summer is examined in today's WASHINGTON TIMES. Competition from athletic footwear "giants" Nike, reebok and Adidas is cited as a reason for profit losses (Jacqueline Gaulin, WASHINGTON TIMES, 5/18). ....Dorna USA and their Adtime signage system is profiled in the N.Y. DAILY NEWS. Dorna "charges advertisers up to a cool $1M depending on the number of stadiums the advertiser wants" (N.Y. DAILY NEWS, 5/18)....New food options at MLB ballparks are examined in this morning's WALL STREET JOURNAL. From Legal Seafood's Clam Chowder at Fenway Park to Starbucks Coffee at Wrigley Field, club owners and concessionaires are "trying to keep up with consumers' demand for fresher fancier food." When Wrigley Field concessionaire ARAMARK signed up Starbucks, the Cubs also signed the company to a $30,000 promotional deal. Starbucks now sponsors lineup announcements and advertises in game programs (WALL STREET JOURNAL, 5/18).
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NINTENDO REPORTS A DROP IN PROFITS FOR THIRD STRAIGHT YEAR
Nintendo has reported a drop in profits for the third consecutive year, citing the strength of the Japanese yen and price competition from overseas. Their profit for the FY ended March 31 totaled $1.14B, down from $1.15B from the previous year. Sales declined by more than 24%. Goldman Sachs analyst Naoko Ito said Nintendo will continue to lose revenue as video game users shift from its older machines to more powerful technology (BLOOMBERG BUSINESS NEWS/N.Y. TIMES, 5/18). The company also announced a trial project to supply British Airways with games for passengers to play during flights (Dawkins & Rowsthorn, FINANCIAL TIMES, 5/18).
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TOPPS TO ACQUIRE MERLIN PUBLISHING FOR $50M
Trading card and comic book manufacturer Topps Co. will acquire Britain's Merlin Publishing International PLC for close to $50M. Merlin publishes sticker and album collections, featuring sports, cartoon and entertainment figures popular among children. Topps plans to close the deal this month, but Merlin will retain its management team (DOW JONES NEWS SERVICE, 5/18).
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VOLUME SERVICES HAS GOOD YEAR, BUT COULD BE "FOR SALE"
Concessionaire Volume Services has doubled its "once-flat business and won a desirable array of high-profile, long-term clients," according to the current issue of AGENT & FACILITIES magazine. Volume services "boasts the highest client retention and contract extension rates in the industry," has become the largest provider of food and merchandise to the NFL, and has "broken new ground in its aggressive expansion" into minor league parks. Although Volume Services "would not comment specifically about its possible sale, some in the industry believe the company "may be conducting its own behind-the-scenes effort to find a suitable buyer" (AGENT & FACILITIES, 5/95 issue).




