Fox Faces Hurdles Selling Super Bowl Ads
When the Super Bowl rolls around this February, the world’s most highly-priced advertising vehicle won’t be the only the game in town.
Fox, a unit of News Corp. Ltd. (NCP.AX) (NYSE:NWS – news) that is televising the game, is not only facing the worst advertising downturn in decades, but is also competing for advertisers with the Winter Olympics in Salt Lake City, which begins a mere five days after Super Bowl XXXVI.
Pitting the world’s biggest football game against bobsledding, figure skating and skiing, Fox says it has sold between 75 percent and 80 percent of its 30-second ad slots, but admitted it has not been the easiest of tasks.
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December 29, 2002 