Posted by Mark J. Miller on October 14, 2014 12:02 PM
Advertising has long been rumored to be soon appearing on the uniforms of the NBA’s well-paid stars, but now it is looking to be increasingly “imminent,” according to Sports Business Journal.
The word is that the jersey advertisements were heavily discussed during the league’s negotiations for a new nine-year, $24 billion TV deal with TNT and ESPN that were hashed out during the spring and summer. The stations wanted the right to sell ads on the jerseys but the league did not want to hand over those kinds of potential dollars to another entity.
"Under the new TV deals, NBA teams maintain the rights to sell the jersey advertising, which has an estimated value ranging from around $800,000 for small-market teams like the Memphis Grizzlies to more than $10 million for large-market teams like the Los Angeles Lakers," SBJ reports.Continue reading...
Posted by Dale Buss on October 10, 2014 09:04 AM
Apple sees demand for iPhone 6 delaying larger iPad as Carl Icahn pushes company on stock buybacks and Apple Watch makes cover of Vogue China.
Fiat Chrysler is being quickly rebuilt by CEO Marchionne to woo Wall Street ahead of Monday's New York Stock Exchange listing.
Symantec plans to split up.
Microsoft CEO walks back comments on equal pay, and hires Publicis exec as new US sales chief.
Beyonce posts video supporting her tie-in with Gucci's Chime for Change (below).Continue reading...
Posted by Mark J. Miller on October 7, 2014 10:57 AM
Score another victory for sports apparel maker Nike. The brand sits atop the latest Forbes Fab 40 list that rates the most valuable sports brands, teams, athletes, and events in the world.
With an estimated worth of $19 billion (up $1.9 billion from last year), Nike came out on top of the brands list followed by ESPN and adidas. Helping its cause, Forbes points out, is that the company has “almost 20% of athletic footwear market” around the world “and its stock price has outperformed the Dow Jones U.S. Footwear index by 50% during the past five years.”
The accolade comes as a new study suggests that Nike has been saving money by paying less than rivals Under Armour and adidas in its college sports deals.
As for athletes, it may seem like no shocker that Nike-sponsored LeBron James is in the top spot, but it is actually the first time he has been at the pinnacle.Continue reading...
Posted by Dale Buss on October 7, 2014 09:44 AM
Samsung blames weak mobile sales for sagging results.
Coca-Cola settles suit over deceptive labeling of Vitaminwater.
Nike named most valuable sports brand by Forbes.
Siemens backs effort to turn London's iconic telephone boxes free, green and solar.
Facebook closes WhatsApp acquisition with final bill of $22 billion as Hellmann's tests WhatsApp marketing as Yahoo eyes Snapchat.
MORE BRAND NEWS
Apple's iPad named top brand by kids as Amazon's Fire HD 6 tablet gets thumbs up by the Wall Street Journal.
AT&T apologizes for minor data breach.
Adidas struggles in America.Continue reading...
Posted by Dale Buss on October 6, 2014 09:07 AM
HP confirms plans to split company, including more layoffs.
NBA reaches long-term rights deals with Time Warner and Disney, which is also busy bailing out Euro Disney.
Samsung spoofs Apple iPhone6 woes with bend test, earmarks $15 billion on memory-chip production for new devices.
American Airlines and Cadillac partner to offer exclusive benefits to travelers.
Tesla prepares certified used-car plan.
MORE BRAND NEWS
Adobe expands its Creative Cloud sharing and syncing tools.
Audi sales boom prompts dealers to up investments.
BFGoodrich launches tire-toughness campaign.Continue reading...
Posted by Shirley Brady on October 5, 2014 12:45 PM
Domino's pitches Dom voice-ordering app in US TV spot during NBC's Sunday Night Football, as Toyota breaks first multicultural marketing spot.
Apple will reportedly reveal new iPad on Oct. 16, while Irish HQ becomes European tax battleground.
HP will announce Monday it's breaking into two companies.
Tesla reportedly readies driverless model with Tesla D, and provides wireless to S-model owners in France with Orange.
Yahoo eyes $10 billion Snapchat stake, and reaches out to agencies for brand campaign help.Continue reading...
Posted by Sheila Shayon on September 25, 2014 03:03 PM
Yao Ming is already a one-man brand, having proven himself against the likes of Shaquille O’Neal as a 22-year-old NBA rookie. Now, more than ten years later, the former Houston Rockets star is a one-man band with a mission: to wean China off its love of ivory and save Africa’s endangered elephant population.
In just the past three years, 100,000 elephants have been poached for their tusks in mass-slaughters as the appetite for ivory grows in Ming’s home country. The death toll rises annually with 25,000 African elephants murdered last year and 4.5 million killed in the last 60 years.
Nicknamed the “Great Wall of China,” the 7’6” Yao, now 33, told the Washington Post he connects with Africa as “many animals there are bigger than me.”
So he launched a campaign in partnership with WildAid, Save the Elephants, the African Wildlife Foundation and the Yao Ming Foundation to defend the largest, gentlest creatures on the planet from man. Joining the cause, Discovery's Animal Planet network will debut a feature documentary, Saving Africa's Giants with Yao Ming, on Nov. 18.Continue reading...
Posted by Mark J. Miller on September 9, 2014 01:46 PM
The NBA’s Brooklyn Nets, heading into its third year in New York City's most populated borough, want to keep the local fans coming despite a minor slip in the standings last year from fourth in the Eastern Conference to fifth.
Brooklyn basketball fans were excited to have the team move from New Jersey two seasons ago, but the Nets need to keep the locals interested now that the sheen on the Barclays Center has worn off. To do so, the brand is launching a new campaign, "We Are Brooklyn" that follows its "Hello Brooklyn" and "Are You Ready" campaigns. Ads will be seen across TV, web and social media as well as on subways, taxis, buses and MetroCards.
The brand's message has evolved, and so while the first two campaigns helped establish the Nets' brand locally and as a lifestyle brand, the new campaign "is a combination of both," Brooklyn Nets and Barclays Center CEO Brett Yormark said, according to Adweek. "Our fan base has evolved from being a little more casual to a little bit hardcore."Continue reading...