Media

The Philadelphia Phillies and San Diego Padres have both renewed their contracts with virtual advertising company, Princeton Video Image, Inc. (PVI).

Internet company Pacific Century CyberWorks has snapped up the exclusive internet broadcasting rights to international cricket matches played in India.

Last year?s rugby union World Cup made a #47m surplus ? an increases of nearly #30million on the tournament in South Africa in 1995, The Observer newspaper reported ahead of this week?s publication of the tournament accounts.

Toyota Motorsport is to create a new marketing and communications group to support Toyota's entry into Formula One.

Sports Minister Ngconde Balfour has predicted victory for South Africa in the fight to stage the 2006 World Cup finals, claiming: "We have 98 percent of the bid approval in the bag."

Interactive betting service Blue Square is to sponsor a entire race meeting at England?s Kempton Park Racecourse later this month.

Total Sports, the event-centred online sports media company, has announced the launch an official Web site of the National Association of Basketball Coaches (NABC).

The European Hockey League has been suspended over disappointing television distribution deals.

Extreme Sports Channel, the adventure and adrenaline sports service, is now available on digital cable in Germany.

Britain?s biggest Internet service provider, Freeserve, is considering plans to bid for the online broadcast rights for live soccer.

The on-going legal wrangle between the English Premier League and two former executives of BSkyB looks set to kick off in the High Court this month ? unless last gasp talks can avert proceedings.

Trakus, Inc., a leader in Digital Sports Information (DSI) technology , has named Gary Jacobus, senior vice president of IMG, as company President and Mike Golub, the former director of Nike Sports Entertainment, as vice-president of marketing and sports development.

Scottish Media Group Plc said it is investing #8milion($12.86m) in Edinburgh soccer club Hearts in a deal which could ultimately give it a stake of up to 37.4 percent.

The beleaguered organisers of the Sydney 2000 Olympic Games have suffered a second blow in two days when the official broadcaster suspended its advertising contract.

London Stock Exchange-listed Premier League club, Newcastle United Plc, has become the first club in football to securitise its commercial revenue streams by issuing a #55m bond.

Billionaire oilman Marvin Davis has pulled out of his bid to set up an NFL expansion franchise based at Hollywood Park, Inglewood.