Events

The PGA Tour will receive about $900 million from six US broadcast and a cable networks to show its tournaments from 2003 though 2007, according to The Wall Street Journal.

US broadcaster ABC?s TV audience for last Sunday?s instalment of the Indianapolis 500 was up 18 per cent on the previous year?s rain-delayed race, scoring a 5.3 rating with a 14 per cent market share.

Writing exclusively for sportbusiness.com, Tom Simpson, a member of UK law firm Ashurst Morris Crisp's Communications Media and Technology group, explains how legal principles of `fair dealing? operate to safeguard exclusive sports broadcast rights.

Beijing expects to receive revenues of $1.625bn from hosting the 2008 Olympic Games if its bid is successful, Jiang Xiaoyu, vice-chairman of the Beijing 2008 Olympic Games Committee has said.

Tobacco advertising for sports events such as Formula One could be a thing of the past by 2003 if the European Parliament gets its way.

Athens 2004 Olympic Games organisers (ATHOC) said on Monday Greek state broadcaster ERT had signed a sponsorship deal for the Games worth 5.7bn drachmas ($14.6m).

Hasim Rahman could make a surprise first defence of his world title against former champion Lennox Lewis on HBO rather than fight Mike Tyson on Showtime as most media experts had predicted.

Makati City, the Philippines? chief financial district, will bid to host the 2005 Southeast Asian Games.

The four bids so far submitted for the sponsorship of the Indian cricket team are not satisfactory, the treasurer of the country's cricket board (BCCI) has said.

UK based bookmakers Ladbroke saw its profits rise by 30 per cent for the three months to March 31, compared with the equivalent period last year.

Broadcast technology innovator InMotion Technologies decided to change its name to Dartfish.

ISL will buy its way out of the $1.2billion marketing, licensing and broadcasting rights deal signed with the ATP and top tournaments, according to news sources.

Online betting and gaming company Ladbrokes eGaming Ltd has stepped up its Far East recruitment campaign by signing an exclusive representative deal with Asia's leading independent sports marketing agency, Total Sports Asia Ltd.

A broadcast war is developing in China between the country?s national broadcaster and ESPN over the right to televise China?s top soccer league.

No extra government money will be made available for next year's Manchester Commonwealth Games, the UK?s Minister of State for the Cabinet Office Ian McCartney said on Tuesday.

Foxtel's Fox Sports operations in Australia is beginning to pose problems for free-to-air rivals.

Digital audio company, Radio First, has entered into a five-year agreement with British Sky Broadcasting to broadcast, regionally, Radio First?s network of football club-related digital radio stations on Sky digital.

The relationship between Channel Seven and the Australian Football League appears to have turned nasty with the Seven Network signing a major sponsorship deal with brewery Lion Nathan.