FOR IMMEDIATE RELEASE
Wednesday, April 17th, 2019
NBCUNIVERSAL AND LA 2028 LAUNCH TRANSFORMATIVE PARTNERSHIP FOR OLYMPIC AND PARALYMPIC GAMES, CREATING OPPORTUNITIES FOR MAJOR BRANDS IN THE U.S.
NEW YORK / LOS ANGELES, April 17, 2019 – NBCUniversal and LA 2028 today announced the establishment of a unique offering which includes media, sponsorship, and activation opportunities in the United States for the Olympic and Paralympic Games from 2021-2028. This agreement, the first of its kind in U.S. Olympic and Paralympic history, gives brands the ability to connect with audiences across Olympic and Paralympic touchpoints throughout the next decade.
Linda Yaccarino, Chairman, Advertising and Partnerships, NBCUniversal will lead this effort in partnership with Casey Wasserman, LA 2028 Chairperson.
NBCUniversal will collaborate with the joint venture formed by the LA 2028 Organizing Committee and the United States Olympic Committee – U.S. Olympic and Paralympic Properties – to build a select sales team. This new group will immediately present companies with opportunities in the U.S. to associate their brands with Team USA and the excitement surrounding their participation in four Olympic and Paralympic Games, as well as supporting the IOC’s international TOP sponsorship program. The deal culminates with LA 2028, as the Summer Games return to U.S. soil for the first time in 32 years.
Through this new alliance, marketers will now have a single point of entry to create a massive, cross-platform Olympic and Paralympic partnership in the United States. Brands will have the ability to participate in all aspects of the Movement with access to IP rights, product marketing, local activation, and NBCUniversal’s comprehensive, multi-screen coverage of the Games, for the next decade.
The arrangement means marketers looking to break through the clutter, while maintaining the ability to reach hundreds of millions of viewers across the country, can now do so with a single package.
“Nothing brings people together like the pure emotional power of the Olympic Games. This partnership between NBCUniversal and LA 2028 is a true first for the industry, and gives marketers the opportunity to make an unrivaled economic and cultural impact,” said Linda Yaccarino, Chairman Ad Sales & Client Partnerships, NBCUniversal. “Together, we’re building what’s never been available before—the chance to be an exclusive partner of a monumental global movement for the next decade, culminating with the first Summer Games in the U.S. in more than three decades.”
“At no other time in Olympic and Paralympic history have the stakes been higher, and yet more rewarding. We are at an inflection point in the sports, lifestyle and live event business that demands a complete reimagining of the model and approach to embracing and involving marketers,” said Casey Wasserman, LA 2028 Chairperson. “I am so proud to partner with NBCUniversal and their team of innovators to bring the true promise of the Games to audiences in a way that is more connected and relevant. NBCUniversal’s commitment to our partnership guarantees 2028’s success like no other Games before it.”
The partnership covers rights to the LA 2028 Games and Team USA’s participation in four Olympic and Paralympic Games: Beijing 2022; Paris 2024; 2026 (host city to be chosen in June 2019); and Los Angeles 2028, which will be the first Olympics hosted in the U.S. since Salt Lake City 2002, and the first Summer Games in the U.S. since Atlanta 1996.
NBCUniversal is one of the world’s leading media and entertainment companies in the development, production, and marketing of entertainment, news and information to a global audience. NBCUniversal owns and operates a valuable portfolio of news and entertainment television networks, a premier motion picture company, significant television production operations, a leading television stations group, world-renowned theme parks, and a suite of leading Internet-based businesses. NBCUniversal is a division of Comcast Corporation.
ABOUT LA 2028
LA 2028 is the non-profit, privately funded organization responsible for delivering the 2028 Olympic and Paralympic Games in Los Angeles. The 2028 Games will harness the creativity, optimism, youthful energy and existing world-class infrastructure across Southern California to create an amazing experience for athletes, fans and partners.
ABOUT U.S. OLYMPIC and PARALYMPIC PROPERTIES
U.S. Olympic and Paralympic Properties (USOPP) is the commercial joint venture between the LA 2028 Organizing Committee and the U.S. Olympic Committee. USOPP is responsible for developing the marketing, sponsorship and licensed merchandise programs for LA 2028 and Team USA from 2021 through 2028.
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