Hong Kong

Video-on-demand (VOD) firm Yes Television ? which hopes to become one of the leaders in on-demand sport ? has formed a joint venture with Sky Vision Corporation.

A new 24-hour soccer channel will be launched this year for the Asian market with the content initially available to audiences in Greater China, Hong Kong and Bejing.

Sportasia.com, the Asian internet sports content producer, syndicator and distributor, has appointed Ikuya Tanaka of Dentsu?s Sports Marketing Division as a board director.

FIBA, the international governing body for basketball, has created a pre-Olympic competition, the FIBA Diamond Ball, which will take place every four years to promote basketball globally.

One of Hong Kong?s biggest sports events of the year has become the subject of a controversy based on the possible breach of new laws on tobacco sponsorship.

The four-member Olympic Council of Asia's Evaluation Committee has arrived in Hong Kong's to scrutinise Hong Kong?s bid to host the 2006 Asian Games

World Wrestling Federation Entertainment (WWFE) has appointed internet industry veteran Howard Meltzer to chief operating officer, New Media, which includes responsibility for the core web site wwf.com.

A four-man inspection team from the Olympic Council of Asia (OCA) has seen what Malaysia has to offer as potential hosts of the 2006 Asian Games.

Goal Media Group, the digital media company that produces.goalnetwork.com and todogol.com, has signed an exclusive internet partnership with a Hong Kong and Chinese market online soccer publisher.

The World Cup short-course swimming series has been cut from 12 meetings to 10 and will offer more prize money.

The Television Corporation (TTC), the UK-based television production and distribution company, has signed a contract with APBA Offshore, the world?s largest powerboat organisation, to create the Ultracatz Global Challenge, a new Grand Prix powerboat race series.

The ICC has sold the television, sponsorship, licensing, merchandise and internet rights to the next two Cricket World Cups for $550million, according to a report in The Times newspaper.

Police have arrested 15 people in Hong Kong in connection with illegal soccer bookmaking involving about HK$18 million (US$2.3 million).

India's federal cabinet has approved the staging of the 2006 Asian Games in New Delhi if the Indian Olympic Association (IOA) bid is successful.

Asian Internet firm Chinadotcom Corp has formed an Internet sports content firm with news agency Agence France-Presse (AFP).

London-based sports public relations company, Vision Sports PR, has consolidated its team of sports consultants selected for their sports media and participation experience.

Legislators are poised to approve next week a total loss to taxpayers of $945 million for hosting the 2006 Asian Games in Hong Kong along with an event for disabled athletes.

Hong Kong-based giant screen specialists Lighthouse Technologies has acquired Pixelite from Avesco plc, creating the world's most broadly-based giant screen sales and installation operation with offices across the globe.