Media

Spanish soccer giant Real Madrid has hit back at claims it has defaulted on a transfer payment – saying it has all been a ‘misunderstanding’.

US broadcaster ESPN is to trial its fledgling broadband internet service after striking up a partnership with Comcast Corporation to offer broadband content to cable modem customers in the Philadelphia area during the X Games.

The US women’s soccer league is heading into the end of season play-offs for its inaugural season having exceeded attendance expectations, but it has fallen short in the television ratings.

London stock market-listed entertainment company Wembley has said the sale of Wembley complex is progressing and a shortlist of bidders has been drawn up.

Online sports technology provider, iSport UK and sports technology consultants, Play-Sport New Media are to merge their UK operations, sportbusiness.com has learned.

Media mogul Rupert Murdoch has defended the proposed merger of his News Corporation company with US satellite platform DirecTV, stating that such an alliance would provide a ‘healthy premium’ for shareholders and create ‘synergies that no other company can match’.

Spending on gambling is expected to rise by 21 percent in the five years between 1999 and 2004, according to a survey carried out by UK-based market research company Mintel.

A Chinese-led consortium has won the contract to build a new stadium in Hanoi, Vietnam, as the venue for the 2003 Southeast Asia Games.

Kirch, the owner of the television rights for Germany's premier soccer league, plans to offer a cheaper subscription rate to win more clients for its loss-making PremiereWorld pay-TV channel, a German magazine reported over the weekend.

The future of the beleaguered Wembley Stadium will be debated this week when trouble-shooter Patrick Carter releases his report on whether the national stadium should stay at its north London home.

English Premiership soccer club Middlesbrough has become the first to take advantage of the relaxation in the TV rights regulations which allows clubs to broadcast full footage of their league games after a specified time delay

UK terrestrial broadcaster the BBC has appointed Stephen Lupi as its new head of finance for BBC Resources Outside Broadcasts.

UK satellite channel, British Eurosport has unveiled a new weekly magazine round-up show for European soccer as it looks to compete with its rivals’ coverage of the new Premiership season.

Asian sports broadcaster ESPN Star Sports (ESS) has finalised a deal with its Malaysian pay-TV platform Astro for exclusive coverage of English Premier League soccer for the next three seasons.

Latin American pay-TV broadcaster the Pan-American Sports Network (PSN) has renewed its deal for coverage of Italian soccer’s top-flight league, Serie A.

The Australian National Basketball League has cemented its multi-million-dollar deal with sports marketing company Sportsworld Media Group.

A contractual dispute between World Wrestling Federation Entertainment (WWFE) and US satellite platform DirecTV over how revenue is collected has seen the former axe its pay-per-view events from the broadcaster’s network.

Sportsworld Media Group, the London-based sports marketing group, has finalised its $3m (B