Media

Japanese advertising agency Dentsu has created a new subsidiary to market TV advertising slots for its portfolio of soccer rights in the US.

Formula One car manufacturers are in pole position to buy the stake held by the Kirch Group in the F1 holding company, SLEC.

US network NBC is celebrating after ratings for the first two days of coverage of the Salt Lake City Olympics exceeded advertiser expectations.

Italian tax police have searched the offices of Serie A soccer champions AS Roma as part of a probe into the promotion of web-based gambling.

Cash-strapped German pay-TV outfit the Kirch Group could unload part of its stake in Formula One to prevent financial collapse.

Cash-strapped German pay-TV outfit, the Kirch Group, could unload part of its stake in Formula One to prevent financial collapse.

Latin American broadcaster Pan-American Sports Network (PSN) has announced that it is filing for bankruptcy, as reported exclusively on sportbusiness.com last week.

CART looks set to add a Florida race after approval was given for a race on the streets of St Petersburg.

Rotational signage firm ANC Sports Enterprises has launched a technology division dedicated to developing new multi-media signage and display products for sports venues.

Hong Kong's racing industry was dealt a bitter blow after 19 people, including two jockeys, were arrested in connection with alleged race-fixing.

The Formula One World Championship is ready to move East in a bid to capitalise on the growing popularity of the sport in Asia, FIA president Max Mosley said.

German media giant Kirch told delegates in Munich yesterday that the 2006 World Cup will be significantly more lucrative than this summer's event because it will be held in Europe where television rights are worth more money.

Bernard Tapie, sports director of French soccer club Olympique Marseille has blasted soccer's transfer system after media reports stated his club's finances were under legal investigation.

With just one day left until the Winter Olympic Games kick off in Salt Lake City, Utah, activities off-piste are getting more media attention than events on the slopes.

Leading car makers aiming to set up their own Formula One racing series have no interest in more talks with rights holders the Kirch Group, a top executive of German auto group DaimlerChrysler has reportedly said.

New NFL franchise the Houston Astros has signed up Tickets.com to an exclusive multi-year ticketing services agreement.