Media

The investment group set up to handle Major League Soccer and World Cup rights in the US has been named Soccer United Marketing (SUM).

Since TeamTalk's recent decision to charge for web content from April 1, there are now only three sports groups offering free-to-net offerings: Rivals Digital Media, UKbetting and Sports.com, says Chris Reed, marketing director of Rivals Digital.

FIFA's commercial partner is again in financial dire straits, broadcasters are complaining over prices and clubs are struggling to survive as wage demands spiral out of control. Just what is going wrong with the world's number one sport?

The New Zealand Rugby Football Union (NZRFU) has delayed its decision on whether or not to co-host next year's World Cup with Australia.

The Australian Grand Prix was broadcast for the first time on the US Formula One Radio Network, following the acqusition last year of the US radio rights of F1 by Detroit-based firm The Craig Company.

Disney-owned free-to-air US network ABC has agreed a TV rights deal for coverage of Formula One races in 2002.

The first-ever Winter Paralympics will be broadcast on US television after the Salt Lake City Organising Committee struck a domestic TV rights deal.

US regional network Fox Sports Net (FSN) has signed up an extreme sports magazine show to complement its coverage of such disciplines.

Shares in gaming group Sportech soared nearly 13 percent today after the London-listed firm reported its first full-year results since its £162million ($231m/EUR265m) acquisition of Littlewoods Leisure, the operator of the football pools in the UK.

Sportal, the online sports brand, which collapsed under the weight of mounting debt last year, will launch again this week as an interactive sports website.

Financially-stricken Argentina has finally secured a TV rights deal for the 2002 World Cup following months of negotiations.

Sports sponsorship consultancy firm Sporting Frontiers is preparing to float on the London Stock Exchange.

German telecoms giant Deutsche Telekom AG will sponsor European Champions Bayern Munich next season, replacing car maker Opel, according to German reports.

Wembley Plc, the gaming group and former owner of Wembley Stadium, has restored investor confidence in its business after posting a healthy set of full year results.

German sports rights broker UFA Sports has confirmed it is changing its name - branding its operation as Sportfive.

The man expected to be one of the main rivals to Sepp Blatter in his bid to retain presidency of soccer’s governing body FIFA, is believed to have discussed with IOC chief Jacques Rogge the possibility of supporting a ‘clean’ candidate.

The chief executive of the English Football League has urged cash-strapped clubs to start ground-sharing in a bid to protect their financial futures.

The financially stricken sports marketing and entertainment programming company Sportsworld Media could be put up for sale, the company has revealed in a statement.