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AdAge In 60 Seconds

  • Nike, EA Sports and General Motors are among the companies who have gotten more than their money back by signing Tiger Woods to endorsement deals. The golf superstar has helped not only create whole new divisions but spur sales of the products he endorses by significant margins.
  • Ad rates for Howard Stern's show on Sirius Satellite Radio are significantly lower than they were when he was on terrestrial radio. He used to command $30,000 for a "live read," where he read the spot himself on the air. Now that is fetching just $10,000. The main problem seems to be that accurate ratings numbers for his show - and all others on the station - are impossible to measure so advertisers don't know how to value their buys.
  • The advertising industry has hired a PR agency to help improve its image. I think I may have to take a moment and enjoy the meta.

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