London Olympics to buy up £2m of media

A successful London bid for the 2012 Olympics will require more than £2m of outdoor media space to be secured in order to prevent marketers ambushing official sponsors.

Media agency Carat calculates that with about 11 venues scattered across the capital to be used for Olympic events, buying poster sites will cost in the region of £2m for the weeks leading up to the Games and for the duration of the Olympics, according to research conducted exclusively for Marketing. Proposed sites include the All-England Club at Wimbledon and a purpose-built stadium at Stratford.

The acquisition of media space is a precondition for host cities to prevent rival brands ambushing official partners such as Visa, Coca-Cola and McDonald's.

Buying outdoor sites would be the responsibility of a London 2012 Organising Committee.

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