McDonald's (MCD) extends its Olympic sponsorship to 2020, remaining one of 11 top sponsors that...

|About: McDonald's Corporation (MCD)|By:, SA News Editor

McDonald's (MCD) extends its Olympic sponsorship to 2020, remaining one of 11 top sponsors that provide an estimated $100M each for every two-game package. McDonald's hopes the move will help it brand in fast-growing cities such as Sochi, Russia (2014 games) and Rio de Janeiro (2016 games).