Media
Business

Australian Olympic broadcaster Seven Network has dramatically reduced advertising levels by an average of 25% following viewer complaints and defections to the network?s pay-TV service.
Media

Fifteen days after its official launch, the new sports information channel, Eurosportnews, has reached a distribution agreement with two leading CATV operators, Kosmos TV in Moscow, Russia and Alma TV in Kazakhstan.
Business

Negotiations between the New York Yankees and Madison Square Garden Network (MSG) over a new broadcast contract have been postponed beyond the deadline set by the two parties for the beginning of this week.
Media

The BBC has appointed its new director of sport.
Business

Almost every person on the planet with access to a television will watch the Sydney Olympics at some time in the next month.
Business

Granada Media has taken 9.9 per cent share in English Premier League soccer club Arsenal in a deal worth $70m.
Business

British Eurosport has signed UP cable operator CWC (Cable & Wireless) - accessing 1m CWC customers - to make British Eurosport the most widely available sports channel in the UK.
Business

A bid by Rogers Communications Inc to buy Major League Baseball's Toronto Blue Jays could happen as early as this week, according to the national daily Globe and Mail .
Media

3Com Corp. is unveiling a steno pad-sized "Web pad" that can access the web- but only in the 3Com Park, formerly known as Candlestick Park, the home to the San Francisco 49ers.
Media

Global Sports Ventures, the UK-based digital talent packaging operation, is set to go live with its UK web site at the end of August 2000.
Media

Belo Interactive has reached an agreement with eFANshop, a Dallas-based e-commerce company, to operate online sports stores at the web sites of Belo's television stations and newspapers.
Business

SFX Sports Group and SFX Family Entertainment are to conduct a post-Sydney 12-game women's indoor soccer tour, featuring eligible members of the 2000 U.S. Olympic team, and members of the 1999 U.S. World Cup Team.
Media

The Sydney Games organising committee (SOCOG) is trying to put a positive spin on things following a ticket delivery public relations exercise went awry.
Business

English Premier League soccer club, Aston Villa, has reported a #4.9m ($7.4m) pre-tax loss for the year to May, against #20.2m ($30m) last time.
Business

Former ISL senior legal counsel Jay Gillman-Wells is quitting to join a leading UK-based law firm.
Media

Grand Prix chief Bernie Ecclestone and German media company EM.TV are considering selling a chunk of their Formula One holding company SLEC to soothe European Commission regulatory concerns.
Media

Sportsworld Media Group plc, the international sports media company, has formed a new company, SSM Sportsworld, to represent its European and Latin American interests.
Media

German-American car maker DaimlerChrysler AG said it was not interested in buying a stake in Formula One holding company SLEC, denying reports earlier today.