Media

Indian cricket officials, reacting to the Australian scandal in the sport, has said betting on cricket was common but involvement of players in match-fixing was a serious and so far unproved offence.

The UK's third biggest cable operator, NTL, has bought a 6.3% stake in the Premier League soccer club Newcastle United with an option to take control of the company in a deal which would value it at #160m.

The Association of Tennis Proessionals will seek to double the sport's current penalty for doping to two years, bringing them into line with International Olympic Committee guidelines.

The Argentine Grand Prix has been scrapped from the 1999 Formula One calendar, the InternationalAutomobile Federation (FIA) has announced.

The England & Wales Cricket Board (ECB) has announced a major new contract with Sports and Outdoor Media International (SOMI).

The man who ran the ill-fated 1996 Atlanta Games offered some advice to Sydney 2000 Games organisers on Friday: ignore an Olympic corruption scandal and trust that everything will come out right.

Leading Australian media figures have denied they had agreed to keep quiet about Sydney's tactics in wooing International Olympic Committee (IOC) votes for the city's bid to host the 2000 Games.

Rupert Murdoch's News Corp is set to join forces with four top soccer clubs and media group Cecchi Gori to buy 65% of Telecom Italia's digital tv operation, Stream.

Princeton Video Image Inc (PVI), a global leader in virtual advertising, has appointed a new chief technology officer.

SEGA, the computer Games manufacturer, is set to follow its sponsorship deal with London based soccer club Arsenal by signing with a leading French club in the next seven days.

Broadcom Corporation, an enabler of broadband communications to homes and businesses, and Gotcha International, the surfwear and media company, have launched Broadband Interactive Group Inc. (BIG) to create interactive content aimed at the 10-24 year-old age group.

American cable network Home Box Office have withdrawn their threat of non co-operation with Evander Holyfield's promoter Don King.

Italian sportswear company FILA has signed a $12 million three year deal as technical sponsor/official supplier for the ATP Tour Super Nine series and world championship.

German car giant BMW is to step into the shoes of tobacco firm Rothmans as one of the major sponsors of the Williams Formula One Grand Prix team.

Italian pay-TV broadcaster Stream has launched its plans for coverage of the next soccer season saying it would offer a better and cheaper product than its sole rival Telepiu.

Worldwide Entertainment & Sports Corp., the US-based management, marketing and commercial endorsement agency, have formed an Internet subsidiary, Sportcut.com, Inc. and put in place a senior management team to lead the business.