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Friday, August 1, 2008

Are Olympics Sponsorships Worth It? by Frederik Balfour and Reena Jana FROM BusinessWeek

But Beijing 2008 is likely to go down as the high-water mark of the Olympic sponsorship program. While the Games offer unique attractions to sponsors, multinationals are already looking more critically at whether the payback will be worth it for future Games. Of the 12 global sponsors for the Beijing Olympics, only eight have signed on for the 2010 Winter Games in Vancouver and 2012 Summer Games in London. (The International Olympic Committee sells sponsorships in four-year increments to cover both Winter and Summer Games.)

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