Minority Investor Coming For Penguins? First One Daytona Tenant Opens Maine Basketball Making Statement On HB2 NFL Taps Paul Clement To Argue Case Fox Rolling Out New Broadcast Elements Voke Producing VR NFL Highlights Sources: Chargers Expected To Move To L.A. In '17 Monster Energy To Title Top NASCAR Series LA 2024 Betting On Historic Sponsorship Sales S&E Sponsorship Group Acquired By Dentsu Aegis
The CBC has lined up six full sponsors for the broadcasts of the Atlanta Games -- McDonald's, IBM, Royal Bank, UPS and Kodak. Rona, a home-improvement chain in Quebec, will sponsor Radio- Canada only. Chrysler and Sony have bought time for the second week of the Games, while Panasonic, Stentor, the National Bank, Helene Curtis and Milk Producers are in for the first half. Visa is another partial sponsor (Toronto GLOBE & MAIL, 2/13).
The USOC's share of money expected from marketing the 2002 Games "apparently isn't going to be settled" before an IOC- imposed March deadline, according to the DESERET NEWS. The SLOOC/USOC joint marketing agreement must be approved by the IOC before corporate sponsorships and other sources of revenue can be secured. This money is expected to make up 42% of the SLOOC's $800M budget. Lisa Riley Roche writes the sooner SLOOC is underway the better, because NBC's $3.5B TV contract has created strong interest in the Olympics that some fear will wear off after Atlanta. IOC VP Dick Pound said SLOOC and USOC should have an agreement by the IOC's next meeting in July. USOC Deputy Sec. General John Krimsky said there is no problem, just "a lot of complexity." He said the 30% USOC share suggested in the SLOOC's initial proposal is "close" to what he wants (DESERET NEWS, 2/15).