Events

The Australian government has said it expected this year's Sydney Olympics to give the economy a boost in the September quarter, adding about one percentage point to gross domestic product and cutting the current account deficit.

International Management Group (IMG) is planning to extend its internet presence in Australia, reports Australasian Business Intelligence. Via its wholly-owned subsidiary TWI Interactive, the company has targeted a number of internet-based site opportunities, mostly on a revenue-sharing basis.

The English FA has decided not to send an under-18 team to a tournament in Turkey next month because of security fears following the fatal stabbing of two Leeds United fans there earlier this month.

Sportvision, the US-based sports media technology company, has agreed to acquire Coach's Edge, the developer of enhanced computer animation technology for the internet and sports broadcasting.

On the day that News Corps and Vivendi have proposed a joint shareholding of their digital businesses, European media big-hitters Bertelsmann, Groupe Bruxelles Lambert and Pearson (PTV) have agreed to merge CLT-UFA, Europe's leading commercial television and radio broadcaster, with Pearson Television, the independent television production company.

The 20 chairmen of the English Premier League soccer clubs are meeting today to start discussing the terms for the League?s lucrative new broadcast deal.

Dutch sportswear firm Brunotti is to sponsor two events on the extreme sports circuit.

Thousands of ordinary Australians have the chance to go to the Sydney Olympics after missing out on tickets when organisers secretly siphoned off the best seats to the wealthy.

SportsLine.com and its majority-owned European subsidiary Sports.com, intend to form an Internet joint venture with Asiacontent.com, a leading developer of Asian Internet content, advertising and e-commerce services.

Wembley National Stadium Limited (WNSL) has appointed Bovis Lend Lease/ Multiplex Constructions Limited as the preferred contractors for the construction of the new Wembley Stadium.

SFX Entertainment and XM Satellite Radio have announced an exclusive sponsorship deal that will introduce XM?s new band of national, digital radio to the millions who attend SFX?s more than 24,000 events annually.

Open Links Internet Ltd, a London-based internet company, has agreed to provide, install and manage an Internet-based National Handicapping System for the Portuguese Golf Federation (PGF).

Sports Dome 2001, the consortium made up of businesses and sporting bodies which aims to turn the site of the Millennium Dome in London into a complex dedicated to sport, have met up to finalise their proposals.

As Hurricane Floyd makes its journey across the States, the sports world is having to pick up the pieces after a number of events fell victim.

Octagon, the sports marketing arm of the massive Interpublic Group, has launched as a consolidated brand and declared its intention to grow its share of the market.

Latin America?s Octagon Koch Tavares has signed a deal to be exclusive marketing agency for the Brazilian Tennis Confederation (CBT).

Top Australian Olympic official Kevan Gosper has defended Sydney Games organisers against a consumer watchdog over the number of Olympic tickets available to the public.

Sports.com Limited, a majority-owned subsidiary of SportsLine USA, Inc, has formed a strategic alliance with France Telecom Multimedia, a subsidiary of France Telecom, to produce and host co-branded sports channels for France Telecom's Internet portal, Voila, and its Internet service provider, Wanadoo, in France.