Olympic Deal Sealed:

Obama Makes $5 Million Buy

Candidate’s Package Includes National Network, Cable

WASHINGTON (AdAge.com) — It’s official. Sen. Barack Obama’s campaign will be among the TV sponsors of NBC Universal’s Olympics coverage. In the first significant network-TV buy of any presidential candidate in at least 16 years, the Obama campaign has taken a $5 million package of Olympics spots that includes network TV as well as cable ads.

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McDonald’s Aims to ‘Evolve’ Dollar Menu

Overall Income Rises, but Franchisees Grumble Over Narrowed Margins

CHICAGO (AdAge.com) — Admitting to problems with franchisees over a platform that’s behind much of its turnaround, McDonald’s is determined to tweak its dollar menu until it’s profitable. In a second-quarter earnings call with analysts Wednesday, Ralph Alvarez, the chain’s president-chief operating officer, cited increased commodity costs, declining margins and franchisee profitability for the change.

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