Jon3G
25th May 2005, 02:34 PM
By Tim Richardson
Published Wednesday 25th May 2005 11:28 GMT
O2 has confirmed it is to sponsor London's most prominent white elephant by renaming The Millennium Dome "The O2".
The mobilephoneco - which is axing some 500 jobs including some 200 IT staff as part of a major restructuring - is spending £6m a year for its tie-up with London's big tent.
Teaming up with giant entertainment group Anschutz Entertainment Group (AEG), O2 intends to help rejuvenate The Dome and surrounding area. The Dome - sorry, "The O2" is due to be re-open in 2007 providing a venue for music, shows and sports events.
As part of the deal, O2 will be able to provide this content to its punters - something execs believe will be important as they try to hang on to their existing users.
A spokesman for O2 shrugged off claims that it was sponsoring a monument of ridicule. "This is a bold move," he said, "and is in keeping with our emphasis to back music and entertainment."
The venue is also expected to sport a massive "O2" logo on its dome-shaped roof. ®
http://www.theregister.co.uk/2005/05/25/o2_dome/
Published Wednesday 25th May 2005 11:28 GMT
O2 has confirmed it is to sponsor London's most prominent white elephant by renaming The Millennium Dome "The O2".
The mobilephoneco - which is axing some 500 jobs including some 200 IT staff as part of a major restructuring - is spending £6m a year for its tie-up with London's big tent.
Teaming up with giant entertainment group Anschutz Entertainment Group (AEG), O2 intends to help rejuvenate The Dome and surrounding area. The Dome - sorry, "The O2" is due to be re-open in 2007 providing a venue for music, shows and sports events.
As part of the deal, O2 will be able to provide this content to its punters - something execs believe will be important as they try to hang on to their existing users.
A spokesman for O2 shrugged off claims that it was sponsoring a monument of ridicule. "This is a bold move," he said, "and is in keeping with our emphasis to back music and entertainment."
The venue is also expected to sport a massive "O2" logo on its dome-shaped roof. ®
http://www.theregister.co.uk/2005/05/25/o2_dome/