naming rights

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FTX Looks for Missing $400M, Asks Customers to Stay Away

Exchange's name is coming off Miami arena after bankruptcy filing

(Newser) - FTX has asked its customers to not go onto its website while it investigates what it said could be an expensive hack. A crypto analytics firm said more than $400 million worth of crypto funds seems to be missing, the Wall Street Journal reports. The US counsel for FTX, Ryne...

Deal Nears to Take 'Trump' Off DC Hotel

Under the agreement, a developer would sign up another company to manage the landmark

(Newser) - Negotiations are underway to rebrand Trump International Hotel in Washington. Under the deal being considered, Axios reports, former President Donald Trump would sell the hotel's leasing rights to a real estate developer. A hotel company would then reach an agreement with the developer to manage the Pennsylvania Avenue hotel—...

'Seriously?????' Jaws Drop Over $10M Renaming Offer

It's hard to imagine going to BangBros Center

(Newser) - BangBros Center? Technically, possible—in reality, don't hold your breath. But the porn site best known for mixing sex with vans says it's offering $10 million to rename the Miami Heat's arena for 10 years once American Airlines' sponsorship ends this year, CNET reports. "We intend...

Small College Won't Change Name to Honor Billionaire's Wife

Former Citigroup CEO had promised $20 million for the naming rights

(Newser) - A billionaire has decided not to donate $20 million to a New York college after a judge ruled it couldn't legally change its name in honor of the billionaire's wife, the New York Times reports. According to NBC News , Paul Smith's College announced over the summer it...

For Sale: Naming Rights to Broke Japan City

It's called Izumisano, for now

(Newser) - It's come to this in Izumisano, Japan: The city is so broke it hopes to sell its naming rights to the highest bidder, reports AFP . Izumisano owes more than $1 billion to creditors, mainly because it sank so much money into "building roads and other infrastructure" to its...

Altoona, Pennsylvania, Sells City Naming Rights to Filmmaker Morgan Spurlock and POM Wonderful for Advertising Documentary
Altoona Changes
Its Name to ...

Altoona Changes Its Name to ...

'POM Wonderful,' but for Only 60 Days as Part of Documentary Stunt

(Newser) - Altoona, Pennsylvania, is selling its naming rights to a filmmaker with an axe to grind. The city’s new name? “POM Wonderful Presents: The Greatest Movie Ever Sold.” It's the title of Morgan Spurlock’s documentary—his most famous is Supersize Me—about America’s inescapable advertising, and...

Couple: Find Our Dog, We'll Name Firstborn After You

They fear their Bernese Mountain dog was snatched

(Newser) - A Canadian couple, desperate to reclaim their missing dog, has offered an unusual reward: They'll name their soon-to-be-born first child after whoever finds her. Sara and Dan Cannon's 16-month-old Bernese Mountain dog disappeared from their backyard on Jan. 4, reports the New York Daily News. Fearful that someone might have...

Adultery Site Wants to Rename Meadowlands

AshleyMadison offers $25 million...and will go higher

(Newser) - The infidelity business must be booming. Adultery-promoting website AshleyMadison.com is offering to pony up $25 million to acquire the naming rights to the new Meadowlands Stadium, home to the Jets and Giants. "We would be pleased to match any such superior offer," reads the letter obtained by...

Citi's Mets Deal Makes Sense in the Long Run
Citi's Mets Deal Makes Sense in the Long Run
OPINION

Citi's Mets Deal Makes Sense in the Long Run

$400M, over decades, will generate lots of publicity, help pay back bailout funds

(Newser) - Citi’s $400 million naming-rights deal with the New York Mets may seem “tone-deaf and stupid” after the bank took $45 billion in bailout funds, Daniel Gross writes in Newsweek—but it’s a good idea. “Companies—even companies getting bailed out by the feds—need to attract...

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