Monday, August 31, 2009

The International Ski Federation launches FIS Marketing Company

The International Ski Federation (FIS) has announced the establishment of a new company, FIS Marketing AG, together with its marketing partners Tridem Sports and Infront Sports & Media. The strategic joint venture has the objective of enhancing the value of FIS marketing rights and developing sponsorship projects as well as providing improved service to FIS partners. FIS will be the majority shareholder of FIS Marketing AG with Tridem Sports and Infront Sports & Media holding the remaining shares as equal partners.
The new company will be based in Switzerland, incorporated under Swiss law and headed by Christian Pirzer, CEO of Tridem Sports. FIS Marketing AG will be structured as an independent and separately staffed entity tasked with the sales and handling of FIS controlled marketing rights.
The rights portfolio of the new company is being established and will include FIS World Cup title sponsorships and the data/timing packages across the disciplines. Marketing rights to the specific FIS World Cup events are held by the respective National Ski Associations. FIS Marketing AG's services will also be available to other organizations in the ski world, including National Ski Associations and ski clubs.
FIS President Gian Franco Kasper said: "This is a milestone in the history of FIS. It represents the realization of a long-standing intention to strengthen our marketing expertise and resources, in order to exploit the commercial rights to our flagship events to the full benefit of the sport". He added: "This is a win-win proposition for all parties involved. Equally importantly, it will deliver tangible benefits for the commercial partners of skiing. FIS remains in full control of its rights while taking advantage of external, specialist know-how from tried and trusted partners".