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  • NAGANO OLYMPIC ORGANIZING COMMITTEE DRAWS UP BUDGET

         NAOC has drawn up an operating budget for the '98 Games of
    94.5B yen, up 18.5B yen over their initial plan, according to
    KYODO NEWS.  NAOC put telecom expenses at 16.7B yen, up 11.6B
    yen.  Transportation, hotel and security expenses were 6.7B yen,
    up 3.5B yen.  Broadcast revenues are estimated at 29.2B yen, down
    4.1B yen from the original plan, and sponsorship revenue is
    listed at 26.3B yen, down 5.9B yen.  Nagano city and other local
    governments are expected to double their combined financial
    burden to 5B yen to make up for revenue shortfalls (KYODO NEWS,
    3/23).
    

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  • OLYMPIC NOTES

         ACOG has yet to make its initial $1.9M payment to the city
    of Atlanta for municipal services such as police and fire
    protection.  ACOG officials say they are still reviewing the
    contract (ATLANTA CONSTITUTION, 3/26)....To help TEAM USA members
    stay in touch with "the important people in their lives" during
    the Atlanta Games, Motorola is giving all U.S. Olympic athletes
    the new, limited edition OlymPager (Motorola)....Olympic
    organizers in Salt Lake City have signed contracts with Fred A.
    Moreton & Co. and Deloitte & Touche.  Moreton will handle risk
    management and insurance brokering; Deloitte & Touche will
    provide auditing and "other services" (SALT LAKE TRIBUNE,
    3/21).... ACOG officials announced more than 38,000 of the
    135,000 Olympic tickets put on sale Saturday were sold (ATLANTA
    CONSTITUTION, 3/25)....Kodak will leverage its Olympic
    sponsorship with an "array of collectibles" (BRANDWEEK, 3/25
    issue)....UEFA, which governs European soccer, is refusing to
    allow European teams in the Olympics to use players over the age
    of 21 (L.A. TIMES, 3/26)....The Copeland Hirther design firm
    unveils the "look of the games" today, including banners,
    uniforms and tickets (ATLANTA CONSTITUTION, 3/26).
    

    Print | Tags: Deloitte & Touche, Eastman Kodak, Motorola, Olympics
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