Media
Las Palmas directors to resign over debt
Spanish soccer club UD Las Palmas owes more than Pts1.2billion ($1m) to players and creditors according to reports in the Spanish media.
Advertising revenues ‘stabilising’
The media sector was given a much-needed boost today following news that advertising revenue at US media powerhouse AOL Time Warner is stabilising.
ESPN sells out of X Games sponsorship packages
ESPN has sold out of its sponsorship packages for the seventh annual X Games to be held in mid-August in Philadelphia.
Bet Direct hits customer milestone
Bet Direct, the UK-based telephone betting division of Littlewoods Leisure, has reached the 200,000 customer milestone.
IOC member dies
Algeria's Mohamed Zerguini, one of the longest standing members of the International Olympic Committee (IOC) and among those implicated in the Salt Lake City scandal, died on Thursday morning in Algiers aged 79.
Argentine soccer players plan new strike
Argentine soccer players are planning to go on strike for the second time this year over unpaid wages and bonuses.
U>direct abandons PPV Intertoto cup match
The image of pay-per-view (PPV) sports television was tarnished today just weeks before the English Premier League launches its PPV soccer matches after PPV film and sport service u>direct abandoned its plans to broadcast tomorrow’s Intertoto Cup semi-final between Newcastle United and Munich 1860.
Kirch reports "successful" fiscal year
KirchMedia has reported a “successful fiscal year 2000” with the integration of ProSiebenSat.1 Media AG, annual sales of DM6,508million ($2,912m/B
U.S. masters in break with TV tradition
The U.S. Masters will break with tradition in 2002 by televising all 18 holes of the leaders' final round, officials announced on Thursday.
Horse racing TV deal decision imminent
The protracted negotiations between the UK horse racing’s governing body The British Horseracing Board (BHB), and Go Racing, the syndicate that hopes to broadcast the sport, will finally come to a close by 10:30 today after lengthy negotiations last night between the two parties.
Go racing back on track
Go Racing’s media contract with 49 of the UK’s 59 racecourses has finally been given the green light after a week of frantic negotiations with the sport's regulatory body the British Horseracing Board (BHB)
Fox Sports’ Spanish network signs up major league soccer
Fox Sports World Espanol, the Spanish-language US sports network, will broadcast coverage of this season’s Major League Soccer which runs throughout the summer.
Intrade explains sports trading to the city
Intrade, the betting exchange for trading on major sporting events modelled on financial exchanges, has told sportbusiness.com how the system will work when it opens for trading tomorrow.
Manchester games ‘not at risk’
Claims that the 2002 Commonwealth Games in Manchester, England will collapse because of a lack of funding have been dismissed by the event’s organisers.
Bighorn fails to produce the goods
US television ratings for the exhibition matchplay golf tournament dubbed the ‘Battle of Bighorn’ were disappointing for host broadcaster ABC.
Golf channel to cross 40m subscriber mark
US television network, The Golf Channel expects to cross the 40 million subscriber mark during the fourth quarter of this year.
TWI to represent Kenyan cricket
Trans World International (TWI) has signed a deal with the Kenyan Cricket Association (KCA) to develop television, new media and sponsorship rights.
Berlusconi considers blind trust law
Italian Prime Minister Silvio Berlusconi is weighing up a blind trust law that will allow him to retain his private media assets according to the newly appointed communications minister Maurizio Gasparri.