Media

The recommendations laid out in this week?s UK government-sponsored review on the gaming industry would not become effective for at least another five years, an independent report by an international broking firm predicts.

Investment bank Dresdner Kleinwort Wasserstein (DKW) has distributed a research note claiming that Manchester United plc has been the subject of bid speculation.

The future of Go Racing, the UK broadcasting consortium run by BskyB, Arena Leisure and Channel 4, was still looking fragile today after Dubai horse breeding family the Maktoums voiced concerns over the group?s #307m ($435m) horseracing media deal.

Sportsworld Media, the London-based sports marketing group, has said it would like to recruit some Asian clients from bankrupt marketing group ISL Worldwide.

Writing exclusively for sportbusiness.com, Tom Simpson, a member of UK law firm Ashurst Morris Crisp's Communications Media and Technology group, explains how legal principles of `fair dealing? operate to safeguard exclusive sports broadcast rights.

Eurosport and Premium TV, the sports rights and content subsidiary of NTL, have rebutted an article published in the business section of UK newspaper The Sunday Telegraph (20 May 2001) claiming that NTL is trying to sell its stake in British Eurosport.

Former LA Raiders owner AL Davis has lost his $1.2bn law suit claiming the NFL forced them back to Oakland in 1995.

ZOO Digital, the UK-based company that helps brands optimise financial returns for their sponsoring rights, has bought digital marketing firm Startle Digital for an undisclosed sum.

NBC has sold ? just under 70 percent of its available commercial air time? for the 2002 Winter Olympic Games in Salt Lake City, according to NBC Olympics chief operating officer Randy Falco.

The XFL dream has died after World Wrestling Federation Entertainment said it was pulling the plug on the competition ? just four months after the first game was broadcast.

A local group trying to lure a National Basketball Association team to Memphis is asking other business people to contribute money towards the construction of an arena.

Liverpool soccer club is to launch the first club-owned broadcasting service over a broadband internet network tomorrow, as part of its alliance with media group Granada.

Memphis Mayor Willie Herenton has urged fellow elected officials not to do anything that could jeopardise efforts to lure a National Basketball Association team there.

The long-running dispute between English rugby clubs and the Rugby Football Union went some way to being healed on Wednesday when a promotion and relegation system and future funding was agreed.

UK based bookmakers Ladbroke saw its profits rise by 30 per cent for the three months to March 31, compared with the equivalent period last year.

The Champions League faces a major overhaul because of concern over falling viewing figures.