Hatrack River Forum: US Postal will stop sponsoring Cycling after this year

This is topic US Postal will stop sponsoring Cycling after this year in forum Books, Films, Food and Culture at Hatrack River Forum.

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Posted by BannaOj (Member # 3206) on :

http://austin.bizjournals.com/austin/stories/2004/04/26/daily4.html

quote:

The Postal Service has announced it won't renew its sponsorship of the team effective Dec. 31. The deal paid the team about $25 million for four years through the end of 2004, according to media reports.

Postal Service spokesman Gerry McKiernan says "marketing goals had shifted from increasing international business, the reason [the Postal Service} signed its first deal" with the team, for $1 million a year in 1996.

AJ

[ April 26, 2004, 04:33 PM: Message edited by: BannaOj ]

Posted by Hobbes (Member # 433) on :

No! They can't! What will happen to the posties? [Cry]

Hobbes

Posted by mr_porteiro_head (Member # 4644) on :

The US Postal service cannot go out of buisness. It's part of the constitution. I never understood why they feel the need to advertise in the first place. [Dont Know]

Posted by Hobbes (Member # 433) on :

A it says in the link, they were trying to attract buisness. I mean, it's given the same type of garuntee but do you think that Miscrosoft is in danger of going out of buisness? Thy advertise to increase buisness, not to keep themesleves from going under.

Hobbes [Smile]

Posted by Xaposert (Member # 1612) on :

Less business for USPS = higher stamp prices for you.

Posted by Olivetta (Member # 6456) on :

It was so cool to see them in the Tour de Georgia this past week! Armstrong won, natch, but it was still a great competition. [Smile]

Posted by Hobbes (Member # 433) on :

I'm this green with jelousy: [Big Grin]

And my smile is not that big.

Hobbes [Smile]

Posted by mr_porteiro_head (Member # 4644) on :

OK, but *why* do they want to increase buisness? Is it just people wanting to increase the size of their little kingdom? Or is it true that "Less business for USPS = higher stamp prices for you" ?

Posted by Hobbes (Member # 433) on :

It is indeed true. Besides which, USPS is run much like a buisness, just that they are funded by the goverment as well.

Hobbes [Smile]

Posted by Beren One Hand (Member # 3403) on :

Kind of like Halliburton. [Smile]

Posted by Hobbes (Member # 433) on :

Zing!

Hobbes [Smile]