corporate sponsorship

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Detroit's Woes Become a Drag for NASCAR

Tanking economy likely to hit NASCAR harder than most

(Newser) - The gloomy economic outlook is putting the brakes on sporting sponsorships everywhere and NASCAR is one of the hardest-hit, the Washington Post reports. Sponsorship cash makes up around 80% of the average racing team's budget, but long-standing partnerships with Detroit’s auto giants and other major backers are running out...

And Now, a Tune From Our Sponsor
And Now,
a Tune From
Our Sponsor

And Now, a Tune From Our Sponsor

MySpace Music enlists advertisers to enable free downloads

(Newser) - The soon-to-launch MySpace Music service will consist mostly of sponsored streaming and downloads, Wired reports. MySpace will likely not start up its own pay-download service, along the lines of iTunes, instead maintaining its partnership with Amazon’s online store. Critics worry MySpace’s rather thin roster of major-label partnerships will...

Cowboys NFL's Richest at $1.6B

Average team worth over $1B

(Newser) - The NFL is the richest pro sports league in the world, with the average value of each franchise topping $1 billion, reports Bloomberg. The combined value of the league jumped 7% from last year and has more than tripled since Forbes began ranking the teams 10 years ago. The jump...

China's Gold Rush Pays Off Nicely for Athletes
China's Gold Rush
Pays Off Nicely for Athletes
Olympics

China's Gold Rush Pays Off Nicely for Athletes

Government, corporations give athletes big bucks on top of Olympic glory

(Newser) - Decades ago, bringing glory to the motherland would have been the sole reward for victorious Chinese Olympians. The glory is still there—plenty of it, as China leads the gold medal table—but champions can now expect an average reward of $300,000 in cash and bonuses, even before corporate...

Bird's Nest Stadium: Your Corporate Logo Here

Beijing's National Stadium and Aquatics Center put post-game rights on market.

(Newser) - For a low, low price in the hundreds of millions of dollars, Beijing’s $500-million National Stadium, known as the “Bird’s Nest,” is peddling 30-year naming rights, courting six multinational corporations for logo privileges and other partnerships, the Wall Street Journal reports. The “Water Cube” Aquatics...

Olympic Protesters Zero In on Sponsors

Tibet, Darfur activists lobby corporations, with some success

(Newser) - As the Beijing Olympics approach, advocates for a free Tibet and peace in Darfur are trying to hit the Games where it hurts: in the wallet. A coalition of groups has been petitioning the corporations that are sponsoring this year's Olympics to press China on their behalf. The strategy seems...

Tables Turn on Rebel Festival
 Tables Turn on Rebel Festival 

Tables Turn on Rebel Festival

Austin SXSW now finds itself cast as 'the man'

(Newser) - The South by Southwest musical festival finds itself in an odd spot—the once-tiny gathering is now the big bad authority figure as it tries to keep others from horning in on its success, the Wall Street Journal reports. Festival organizers routinely call the police, revoke privileges, and file lawsuits...

Stories 41 - 47 | << Prev