Producers of the Olympic Collectible lapel pins blame ACOG
for creating a surplus of the item, according to this week's
BUSINESS WEEK. ACOG licensed four companies, charging as much as
$3.5M each and "then setting no cap on production numbers."
Critics say the high fees "mean that licensees must crank out the
pins to make back their money." Donald Bigsby, President of
Olympic Collectors Club: "You can't mass produce collectibles"
(David Greising, BUSINESS WEEK, 3/27 issue)....Group II
Communications has been awarded a special marketing contract by
ACOG. Group II will be responsible for developing interactive
youth programs and products (Group II)....Xerox has selected
William Kostka & Associates to handle public relations during the
'95 Olympic Festival in Denver this summer in connection with its
sponsorship of the '96 Games (DENVER POST, 3/20)....ACOG and
Stadium construction officials "refused to speculate how the
accident" that killed a stadium worker yesterday will affect the
construction schedule for the Olympic Stadium (Michelle Hiskey,
ATLANTA CONSTITUTION, 3/21).
