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ARE GUARASCIO'S COMMENTS A WARNING OF INDUSTRY TRENDS?

          GM VP/North America Advertising & Marketing Phil
     Guarascio said at the IEG Sponsorship Conference in Chicago
     that "he wants to cut 20%" of the company's "4,000-plus
     sponsorship properties," according to Terry Lefton of
     BRANDWEEK.  Guarascio cited a "growing gap between the haves
     and have-nots in sports and entertainment marketing" and
     "urged his audience" to "bridge the gap with 'big ideas and
     properties that (nonetheless) are strategic right down to
     the regional level'" (BRANDWEEK, 3/15 issue).
          AUGUST IN VERMONT, PERFECT: BRANDWEEK's Lefton reports
     that National Media Group is "planning a Gen X-targeted
     'extreme golf' tournament" in August at Mad River Glen ski
     resort in VT (BRANDWEEK, 3/15 issue)....NFL Europe opens its
     '99 season with Ericsson, Coors and Puma as new sponsors.
     Ericsson inked a "seven-figure league-wide sponsorship and
     thus gets" a uniform patch on "all six teams that went
     unsold last year," as well as "perimeter field signage and
     some electronic media."  Puma replaces Champion as uniform,
     sideline and coaches' apparel supplier (BRANDWEEK, 3/15). 

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