Media
Business

Walt Disney Co are to shut down its struggling Internet portal, GO.com, with heavy redundancies, but will maintain other web operations like ESPN and ABCNEWS.com.
Events

CBS will earn more than $360 million from its advertising spots during its television broadcast of the Super Bowl. The US National Football League finals match will be held on 28 January 2001, and the list of advertisers will be notable for the absence of most of the dotcom companies which advertised in 2000, many of which crashed in the April 2000 "tech-wreck" stock price crash.
Media

British Eurosport has formed a partnership with FIA-GT and FIA-ETCC to launch a new concept in motorsports ? the ?Super Racing Weekend.?
Events

The sport of biathlon has been boosted by news that the European Broadcasting Union and International Biathlon Union are launching a joint on-line project powered by ZDF New Media.
Media

President of the Greek Basketball Federation George Vassilakopoulos has warned that his country is heading for a national disaster because of the inadequacy of Athens 2004 Olympic Games organisers.
Media

Norwegian alpine skier, Lasse Kjuus has been fined 10,000 kroner ($1,140) by the Norwegian Ski Association for breaching Norway's rules against mixing sports and alcohol for commercial purposes.
Events

State owned telecommunications company China Netcom has been named the official telecom sponsor of the Beijing Olympic Bid Committee.
Business

Prost Grand Prix has signed a multi-year marketing and sponsorship deal with Pan American Sports Network (PSN).
Business

The Australian Football League (AFL) has confirmed that the proposal by a consortium consisting of News Limited, Channels 9 and 10 and Foxtel for the broadcast rights for AFL football from 2002 had been accepted.
Business

ESPN.com will offer sports fans the opportunity to interact with an audio broadcast of a sports event when it provides exclusive audio for the Jimmy V Classic next Tuesday featuring Tennessee vs. Virginia and Seton Hall vs. Michigan State.
Events

Extreme Sports Channel, the adventure and adrenaline sports service, is to broadcast in Russia.
Business

The XFL, the new ?extreme? American Football League co-owned by Vince McMahon?s WWFE and NBC, will kick off on February 3 2001 in front of a global television audience.
Business

Dick Pound, Chairman of IOC Internet Committee confirmed today that the Internet and TV rights for the Olympics will remain linked through to the 2008 games but also expressed the expectation that the territorial rights issues that currently prevent live video and audio broadcast over the internet could be solved.
Business

German private media giant Kirch Group is close to agreeing to take over EM.TV & Merchandising , according to industry sources.
Business

The legal advisor behind the Racecourse Association?s (RCA) imminent sale of terrestrial and interactive media rights to all the UK?s 59 racecourses believes the UK competition authorities could approve a ten-year deal.
Business

The International Olympic Committee (IOC) has approved Greece's security strategy for the 2004 Games but asked for a detailed operations plan to be drawn up as soon as possible, officials said on Thursday.
Media

Baseball Commissioner Bud Selig is to testify before a Senate sub-committee to explain baseball?s economic problems.
Business

Spanish Team Kelme, the longest serving pro team on the professional cycling tour, could quit their involvement in cycling.