This is also a chance for GoPro to be innovative and develop new products to meet the needs of Red Bull services. As part of the agreement, Red Bull will receive equity in GoPro . Shortly after the launch of the partnership Reuters reported: Shares of GoPro IncGPRO.Ogot a lift on Tuesday after the struggling action camera maker said it was partnering with extreme sports sponsor Red Bull in a marketing and promotion deal. read more Gear GoPro sales collapse by 50 percent Todd Ballard, Vice President of Global Sports Entertainment Marketing at GoPro explains: We are excited to team up with Red Bull Racing for the upcoming season and capture content from unique locations around the globe. The two firms set their objectives and analyze expected risks, benefits, and outcomes in undertaking the task (Ramadan, 2019). I found Joe to be very pleasant, professional and knowledgeable about his areas of specialities and would highly recommend him to any organisation. His work has appeared on BGR, Fox News, Fox Business, and Yahoo News, among other publications. All other trademarks are the property of their respective owners. International management: Managing across borders and cultures: Text and cases (8th ed.). Cameras from the GoPro families are predominantly used for sports such as running, biking, skateboarding, and climbing, but their accessory range makes it possible to use your camera for various activities and capture unique shots. Strategic alliances influence on innovation performance: The moderating role of human capital. Clients: Brookfield Properties, GoPro, Red Bull, Red Bull TV, Stone IPA Freelance Art Director WONGDOODY Oct 2015 - Nov . GoPro and Red Bull Announce Global Partnership "Red Bull's global scale and execution is something to be admired. Change), You are commenting using your Facebook account. Now on its ninth year, this co-branded menu item remains a favorite and has single-handedly fueled the turnaround of Taco Bell which is now considered the crown jewel of parent company Yum! Commenting on the agreement Daniel Ricciardo said: This is a pretty cool partnership. GoPro and Red Bull, as a match, are as good as it gets.