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Georgia Tech invests in marketing

Thursday Jan 22, 2009

The Atlanta Journal Constitution reveals that Georgia Tech University has invested more in their marketing plan.  They’ve partnered with International Sports Properties, a marketing company, who will receive all rights to all broadcasts on radio, television and internet.  The deal will be worth $50 million over ten years.  Georgia Tech has seen a growth in the college sports industry, the metro Atlanta market and the Georgia Tech brand.  They’ve also partnered with sponsor Coca Cola, and will receive $5.94 million over the next 13 years.

The individual universities are like business entities of their own, building a brand and driving people to buy their products, in this case, athletic tickets.   What do you think of marketing in the college sports industry?

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