Menu
Sports Media

CBS COMES OUT SMELLING LIKE ROSES IN FIESTA DEAL

     CBS and PepsiCo's Frito Lay are the "two big beneficiaries"
of the new bowl alliance, as the Tostitos Fiesta Bowl in Tempe on
January 2 will decide the national championship, according to
Stefan Fatsis of the WALL STREET JOURNAL.  "At least for this
year," the alliance "worked."  Total sponsorship revenue for this
year's 19 bowl games is up 20%, according to IEG Sponsorship
Report, "compared with an 11% increase for the sports marketing
industry as a whole."  Lynn Markley, a spokesperson for Frito
Lay, said the sponsorship was "a bet," but that the "cards fell
our way."  CBS has virtually sold out ad time for the game and,
even after lowering some ad prices to $400,000 for 30-second
spots, the rates are "a huge increase" over the '95 Orange Bowl,
which also crowned a national champion.  Media buyers believe the
high rates are due in part to the championship, but also because
the three alliance bowls will be go against other games.  Joel
Segal, Exec VP/National Broadcasting at McCann-Erickson:  "These
are high rates [but] we think they are going to get big
audiences."  CBS has also packaged bowl games for some
advertisers and used other sports, including the NCAA Final Four,
in package deals.  Ford Motor, for example, bought exclusive
automobile rights for its Ford division on the Fiesta and Orange
pregame.  Joseph Abruzzese, CBS President/Network Sales:  "We've
never had this kind of leverage" (WALL STREET JOURNAL, 12/12).

SBJ Morning Buzzcast: April 24, 2024

Bears set to tell their story; WNBA teams seeing box-office surge; Orlando gets green light on $500M mixed-use plan

TNT’s Stan Van Gundy, ESPN’s Tim Reed, NBA Playoffs and NFL Draft

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with TNT’s Stan Van Gundy as he breaks down the NBA Playoffs from the booth. Later in the show, we hear from ESPN’s VP of Programming and Acquisitions Tim Reed as the NFL Draft gets set to kick off on Thursday night in Motown. SBJ’s Tom Friend also joins the show to share his insights into NBA viewership trends.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/1995/12/12/Sports-Media/CBS-COMES-OUT-SMELLING-LIKE-ROSES-IN-FIESTA-DEAL.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/1995/12/12/Sports-Media/CBS-COMES-OUT-SMELLING-LIKE-ROSES-IN-FIESTA-DEAL.aspx

CLOSE