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BUSINESS NEWS (Click on More to view all articles): Dion, Chrysler Form Partnership


Celine Dion and Chrysler have entered into a multi-year partnership that will cover a wide range of marketing, promotional and advertising opportunities including personal appearances, special consumer promotions, dealer tie-ins, interactive communications, owner communications, retail television programming and recording tie-ins. The partnership launches in early 2003 with a Chrysler brand TV spot featuring Dion and her music.

"Celine Dion personifies the Chrysler brand slogan, 'Drive Equals Love,'" said Jim Schroer, executive vice president, Global Sales and Marketing, DaimlerChrysler. "This is the kind of branded harmony you dream about."

With Chrysler's new designs, the corporation's strategy is to move the Chrysler brand more upscale by attracting younger, more affluent consumers. The partnership with Dion is a key component of that strategy, said Schroer.

"Celine Dion will play an important role in repositioning the Chrysler brand because she embodies the essence of all Chrysler vehicles — beauty, romance, sophistication and refinement."

"I'm truly excited about this partnership," said Dion. "It just feels right to be working with a group of men and women who are so passionate about what they do. The Pacifica and Crossfire are beautiful examples of that passion. And yet, as a mom, I expect to be spending a great deal of time behind the wheel of my new Town & Country minivan."

Event Ticketing Industry Gets Own Magazine

Entertainment Ticketing, a weekly news and analysis service for the event ticketing industry has been launched, and is available by email or through http://entertainmentticketing.com, which is under construction.

The magazine covers all the sectors of event ticketing, including concert venues, live theaters, sports venues and movie theaters, and the following areas in the event ticketing industry:

— New technologies and their likely effects on the industry.
— Major industry transactions, such as the signing of contracts to provide ticketing services to various venues, including the contract terms.
— Corporate developments, earnings, M&A activity, etc., involving companies in the industry.
— Admission controls and security concerns.
— Regular profiles of entertainment venues and their ticketing solutions.

Letterman Show to Be Aired on Radio

NEW YORK (AP) — Starting next week, David Letterman fans won't have to rush to their televisions to hear the night's Top Ten list.

Fifteen of Infinity Broadcasting's radio stations will simulcast Letterman's CBS "Late Show" each weeknight, beginning Nov. 11. Infinity, like CBS, is owned by Viacom.

"We feel this is a great opportunity for David Letterman's millions of fans to listen to the show while they're driving in their cars or away from their homes," said John Sykes, chairman of Infinity Broadcasting, on Monday.

The stations simulcasting Letterman will be in big cities, including New York, Los Angeles, Chicago, San Francisco and Philadelphia.

Aramark To Buy Fine Host

Philadelphia-based managed-services company Aramark has an agreement to buy food service competitor Fine Host Corp for $100 million in cash.

Greenwich, Connecticut-based Fine Host, which posted $300 million in annual sales last year, provides food service at 900 locations nationwide, including schools, stadiums, arenas, convention centers, businesses, healthcare facilities and prisons.

The deal is subject to regulatory approval.

World Wrestling Entertainment Makes Executive Changes

World Wrestling Entertainment Incorporated's chief financial officer, Augie Liguori, and chief marketing officer, Julie Hoffman, have left the company. A company spokesman said that they were asked to leave as part of the need for a "change in direction." He said there were "things [World Wrestling] would like to see happen," and new management was needed for that to occur.

"As our organization continues to evolve, we seek to bring in new leadership in both the financial and marketing areas," said Chief Executive Linda McMahon in a prepared statement. "Our focus for the future will continue to be on strengthening our core product, and we believe that new executive talent will further this key corporate objective."