February 24, 2011

D.C. Metro to explore corporate sponsorships

WASHINGTON, D.C. —Facing a possible $72 million budget shortfall for 2012, the Washington Metropolitan Area Transit Authority is looking into corporate sponsorships as a potential revenue stream. A budget proposal presented to the transit agency's board last month estimated that between $1 million and $2 million per year could be generated selling station naming rights to corporate sponsors, according to a report on Southern Maryland Online. To read the full story, click here.

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