Aggreko Secures PyeongChang Power Tender -- Sponsor Spotlight

(ATR) Temporary electricity needed to power the 2018 Winter Olympics will be provided by Aggreko.

The tender covers temporary electricity for all Games’ venues and for the international broadcast center according to international reports. Aggreko has been used by previous Olympic Games as a temporary power source, and will also provide power to the Commonwealth Games in Gold Coast in the same year.

The power company will also serve as a sponsor for the PyeongChang Games according to reports. Aggreko's tender for PyeongChang 2018 is reportedly worth $40 million, less than the $60 million tender for London 2012.

Aggreko had been in consideration for the temporary power tender for Rio 2016 before the decision was made to award it to multiple companies. Eventually, generators were leased from Aggreko to meet the demand for capacity.

Aggreko has provided temporary power for nine Olympics and six World Cups.

Samsung Report Coming Soon

The findings on the failed Samsung Galaxy Note 7 will be coming soon.

Speaking to reporters at the CES 2017 showcase in Las Vegas Samsung President and Chief Operating Officer for America Tim Baxter said the findings on the root cause of the issue with the Note 7 will be released "very soon."

Samsung recalled all Note 7 phones after devices were found to catch fire. When the phones issued after the recall continued to catch fire, the product was permanently discontinued.

Samsung reportedly lost over $17 billion in sales from the fiasco.

"As you know, this year was a challenging year for Samsung. Some of you were directly impacted, and some certainly saw the media coverage especially about the Note 7," Baxter said to reporters. "We continue our intensive efforts internally and with third party experts to understand what happened and to make sure that it does not happen again."

NBC Sees Surge in Golf Ratings

A total of 71 million unique viewers watched NBC’s Golf Channel in 2016.

NBC said in a release that audiences increased for two of golf’s biggest draws: The Open Championship and the Ryder Cup. In addition, broadcasts of golf’s return to the Olympic Games helped with network growth. The total numbers were the largest total live audience for golf since 2013 for all of NBC Sports.

"With more live coverage than ever before, including more live golf coverage than all other networks combined, Golf Channel has experienced tremendous growth since joining the NBC Sports Group in 2011 and now provides more live coverage than ever before," Mike McCarley, president of Golf, NBC Sports Group, said in a statement. "With this growth, we firmly believe the best is yet to come."

Concept2 becomes Official Supplier to British Rowing

British Rowing is beginning the new year with a new partnership.

Concept2 is on board as the Official Rowing Machine of British Rowing, providing support to British Rowing’s High Performance Program. Under the agreement, Concept2 will also be backing British Rowing’s national championship events and helping to grow the sport, including British Rowing’s new indoor rowing initiative.

Go Row Indoor is aiming to double the number of indoor rowers over the next five years.

"Concept2 and British Rowing have a long history of success together, both on the water and more recently off it, with events like the British Rowing Indoor Championships," Alex Dunne, Managing Director of Concept2, said in a statement. "We look forward to working with British Rowing to achieve our goal of making the sport of rowing more accessible to everyone."

Concept2 joins Oakley, WaterRower, Cancer Research UK and Hertz in the British Rowing stable of partners. British Rowing says it is still searching for new Official Suppliers as well as actively seeking a Principal Partner.

TTOC Gains New Olympic Apparel Partnership

The Trinidad and Tobago Olympic Committee (TTOC) has announced its recent collaboration with PUMA.

PUMA is not only a partner to the TTOC but the Trinidad and Tobago Commonwealth Games Association (TTCGA) and Team Trinidad and Tobago (Team TTO) as well.

For the next three years the sportswear company will provide the country's Olympic athletes and officials with apparel for podium, lifestyle, training, competition and presentations.

The new deal was struck as the TTOC ended its long-time partnership with Adidas at the close of 2016.

"The TTOC is excited about working with PUMA to achieve agreed strategic objectives," TTOC officials said in a statement.

"The TTOC is confident that its athlete centered, market driven and service based approach, values , culture and ambitious 10 Golds2024 high performance focus will allow the TTOC and Team TTO to align with PUMA's brand values, positioning and strategic business objectives."

The partnership agreement will run through the Tokyo 2020 Games.

Written by Aaron Bauer, Courtney Colquitt, and Gerard Farek

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