Citi, AT&T Explain Dropping USOC Deals Penny Steps Down As USA Gymnastics President IOC Creates Group To Study Candidate Process Comcast Adds To USOC Sponsorship Inventory 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
ACOG'S PAYNE PROMISES TO FIX PROBLEMS; IOC ALTERS TV CUT
Published September 26, 1995
After meeting with top IOC officials yesterday, ACOG President Billy Payne "reported no progress" on the conflict over the city government's Olympic marketing effort. Payne promised, however, to address the IOC's concerns over the program, in which kiosks and retail carts will be offered by the city of Atlanta to companies, including competitors of ACOG sponsors (Melissa Turner, ATLANTA CONSTITUTION, 9/26). CUTTING THE TV CUT: The IOC Exec Board moved to "dramatically cut" the amount of money future Olympic organizers will get from TV rights. Beginning in 2004, host cities will receive 49% of money generated from the sale of TV rights, which the IOC owns. Local organizers now get 60%. The controlling 51% would be divided up by the IOC among sports federations, foreign Olympic committees and itself (Melissa Turner, ATLANTA CONSTITUTION, 9/26). POST-GAMES JOB PLACEMENT: For the first time in Olympic history, an organizing committee has sought to help its full-time staff make workplace transitions after the conclusion of the Games. ACOG has hired outplacement, career and change consulting firm, Drake Beam Morin, Inc., to supply career management services for its staff. DBM will provide career counseling to more than 2,600 ACOG staff and will also work, on a limited basis, with USOC staff and members of the '96 U.S. Olympic Team (ACOG).