North America

US media giants Cablevision and News Corp. are to continue their joint venture, Fox Sports Net after the latter decided not to take up a put option on its stake.

The decision to switch Sportel's US market to Asia has been warmly received by the industry taking part in the sportbusiness.com online poll - with organisers reporting an equally positive response.

Tessa Jowell, the UK government's Culture,Media and Sport minister, is to meet with International Olympic Committee (IOC) president Jacques Rogge today to discuss a potential London bid for the 2012 Games.

The spectre of the new Wembley stadium has cast a shadow over government discussions on a proposed London bid for the 2012 Olympics after the venue was ignored in the bidding plans.

The future ownership of the Montreal Expos is likely to be near the top of the agenda when Major League Baseball team owners meet in Arizona later today.

The California Public Employees' Retirement System has denied media reports at the weekend that it is interested in buying Chelsea Village.

The future of the NHL's Buffalo Sabres - which earlier this week filed for bankruptcy - looks a little healthier today after a judge approved a $10m line of credit for the team to use for operating expenses.

NASCAR has renewed its contract with New York-based Alan Taylor Communications (ATC) for consumer public relation services in 2003.

The growing disquiet at the WTA Tour has claimed its first victims after two of the women's tennis organisation's leading executives were forced out.

TV audience figures for the four second-round NFL play-off games scored 19 percent higher than two years ago, according to the latest figures.

ABC says it has sold 90 percent of its Super Bowl advertising spots - with each of the 61 30-second slots selling for $2.1m (EUR1.99m).

The global TV coverage of the Cricket World Cup has been boosted after News Corp. owned rights holders Global Cricket Corporation (GCC) signed new deals in India and the Americas.

The California Public Employees' Retirement System has reportedly stated an interest in buying Chelsea Village plc, the owner of the English Premier League soccer club.

The US PGA Tour has renewed its television rights deals in Canada for another four years.

Herb Kohl, owner of the NBA's Milwaukee Bucks has approached a New York investment banking firm and commissioner David Stern, as he prepares to sell a majority interest in the team.

Executives from across the globe will be making their way to New York this week as the sport industry's longest running business forum stages its 25th annual event.

Octagon Worldwide has confirmed it has appointed Rick Dudley as its new president and chief executive officer.

The final deadline to submit bids to the IOC to host the 2010 Winter Olympic Games is today.