Media

New Zealand-based venture capital firm IT Capital (ITC) has updated investors on the fortunes of its investment portfolio, which includes the sports broadcast enhancement company, Virtual Spectator.

If News Corp Ltd. succeeds in its bid to take acquire Hughes Electronics Corp., the Australian news giant could gain control of a merged Latin America satellite television entity, a source at Mexico's Grupo Televisa has said.

Scottish Rugby Union chief executive Bill Watson believes that media coverage of the new Celtic League can boost the Scottish game.

UK online gambling company Sportingbet.com has signed a five-year deal with its less established counterpart Royaltons for an undisclosed sum

German media giant Kirch was criticised by UK terrestrial television networks the BBC and ITV after it complained to the Office of Fair Trading (OFT) that the networks were behaving anti-competitively over gaining the television rights to next year's World Cup football.

UK online gambling company Sportingbet.com has signed a five-year deal with its less established counterpart Royaltons for an undisclosed sum

UK terrestrial broadcaster Channel 5 has snapped up the television rights to the second leg of the Intertoto Cup Final involving English Premiership side Newcastle United.

Satellite channel British Eurosport scored its highest ever TV ratings for its coverage of the World Athletics Championships from Edmonton, Canada.

US broadcaster Fox has unveiled its advertising rates for next year’s SuperBowl with a 30-second spot costing as much as $2.5million (B

R Douglas Kahn has stood down as president and CEO of satellite and cable distributor PanAmSat just a month after the firm reported sharply reduced earnings for the second quarter of the year.

Com.hem, the cable television division of Swedish firm Telia, is increasing its interactive services to include soccer-related initiatives.

German commercial TV group, ProSiebenSat.1 Media is the latest to feel the effect of the sinking advertising market after it reported a 3 percent decrease in its revenues for the first half of the year.

NBA team the Seattle Sonics is to unveil a new team logo and strip next week in a bid to reflect the change in management and whip up support in the team – and has just signed a new exclusive TV deal.

Content provider TEAMtalk Media Group has extended its SMS subscription services by going trilingual.

England's Football Association is considering dropping its title sponsorship of the England team.

24dogs, the digital greyhound racing service owned by Wembley plc, has launched the Greyhound Racing SuperLeague after securing internet rights for 22 of the top 25 UK greyhound racetracks.

Championship Auto Racing Teams (CART) has finalised its broadcast rights deal with the CBS Television Network and Fox Cable Networks Group beginning with the 2002 season through 2004.