News

The Yankees Entertainment and Sports (YES) network, the new cable network from the New York Yankees baseball team which is due to launch on March 19, has yet to secure carriage on key distribution platforms.

Sporting goods retailer The Sports Authority Inc has raised its forecast for fourth-quarter earnings as it reported better-than-expected sales for November and December.

Former IOC marketing chief Dick Pound is to head up a new IOC commission charged with reducing the size and cost of the Olympics, press sources have revealed.

UK broadcaster ITV's main shareholders Carlton and Granada are planning to launch a £400million ($572m/EUR647m) law suit against BSkyB, according to UK press reports.

France and Arsenal soccer star Thierry Henry has signed a lucrative three-year sponsorship deal with Coca-Cola.

Both camps are adamant boxing's biggest pay-day - the long-awaited showdown between Mike Tyson and Lennox Lewis - will take place even if Tyson is charged with rape.

British Airways will sponsor tonight's first-ever pay-per-view English Premier League broadband soccer match between Liverpool and Manchester United.

Asia Global Crossing has won a multi-million dollar contract to provide the Seven Network with transmission capacity for its domestic broadcast of the Salt Lake Winter Games and the Commonwealth Games later this year.

German sportswear giant adidas-Salomon has assumed full ownership of its subsidiary in Italy.

Formula One team boss Ron Dennis believes teams could struggle to stay afloat this year, as the global economy continues its slump.

Your potted guide to the day's headline-making deals in the global sport industry as reported on sportbusiness.com.

English First Division soccer club Birmingham City's run to last season's Worthington Cup final helped them slash their losses by nearly £1million ($1.44m), the club has said.

The Salt Lake City Winter Olympic Games has once again been tarnished by stories surrounding its successful bid, as the bribery scandal refuses to die down.

The hosts of this summer's FIFA World Cup are hoping for an economic boost - despite analysts playing down the benefits.

US broadcaster Fox has stated that it is attracting close to $2 million for a 30-second advertising spot for the upcoming Super Bowl.

The British Horseracing Board (BHB) and the Bookmakers' Committee are expected to overcome a final hurdle this week when the government releases its review on how the current levy scheme should be replaced.

Alain Prost's Formula One motor racing team will have to wait at least another day to learn whether it will be declared bankrupt.

The organisers of the Six Nations rugby union championship have launched a website in time for the competition which starts on February 2.

Boxing's biggest ever fight - the long-awaited showdown between Lennox Lewis and Mike Tyson - is set to be officially confirmed today...with plans for a rematch already under way.

Captain of the Australian Test team, Steve Waugh, has signed a deal to act as an ambassador for a finance company in India.