01/09/2019
The Olympic Movement generates revenue through several programmes. The International Olympic Committee (IOC) manages broadcast partnerships, the TOP worldwide sponsorship programme and the IOC official supplier and licensing programme. In addition, the National Olympic Committees (NOCs), Organising Committee of the Olympic Games (OCOGs) and International Federations (IFs) generate revenue through their own respective commercial programmes.
The IOC coordinates Olympic marketing programmes with the following objectives:
• To generate revenue to be distributed throughout the entire Olympic Movement – including the OCOGs, the National Olympic Committees (NOCs) and their continental associations, the International Federations (IFs) and other recognised international sports organisations – and to provide financial support for sport in emerging nations.
• To build on the successful activities developed by each Organising Committee for the Olympic Games (OCOG) and thereby eliminate the need to recreate the marketing structure with each Olympic Games.
• To ensure that the Olympic Games can be experienced by the maximum number of people throughout the world
principally via broadcast coverage.
• To protect and promote the equity that is inherent in the Olympic image and ideals.
• To control and limit the commercialisation of the Olympic Games.
• To create and maintain long-term marketing programmes.
• To enlist the support of Olympic marketing partners in the promotion of the Olympic ideals.
Of its revenues, the IOC distributes 90% to organisations throughout the Olympic Movement, in order to support the staging of the Olympic Games and to promote the worldwide development of sport. This means that every day the equivalent of over USD 3.4 million is distributed by the IOC to support athletes and sports organisations at all levels around the world.
You can now consult the Olympic Marketing Fact File 2019 to get all the latest facts and figures: https://bit.ly/2TWxwsr
If you wish to see the formal accounting reports of the IOC, please visit www.olympic.org/documents/ioc-annual-report
For more academic and official publications on Olympic Marketing, consult our dedicated ZOOM IN page om the Olympic World Library here https://bit.ly/2BjBymX.