Media
FUTURE NETWORK?S TAKEOVER TALKS TERMINATED
Debt-laden Future Networks, the publisher of a string of magazines including one for English Premiership club Manchester United, confirmed that it was no longer in talks with a rival company about selling its business.
GRANADA COMPLETES ACQUISITION OF BORDER TELEVISION
UK media group Granada has strengthened its hand within the ITV network by completing the acquisition of Border Television from Capital Radio for #50.5million (?57.45) in cash.
ESPN CHALKS UP TV RATINGS IN TAIWAN
The World Professional Pool Championships was the most watched sports programme on cable networks across Chinese Taipei during July according to host broadcaster ESPN.
WBA FIGHT DELAY ‘A BLESSING’ FOR CHINESE ORGANISERS
The delay of the WBA heavyweight title fight between John Ruiz and Evander Holyfield was a "blessing in disguise" for Chinese organisers facing heavy losses on the event, promoter Don King said.
NTL SEES SUBSCRIPTIONS RISE BY 26 PERCENT
NTL, the UK?s largest cable operator which will broadcast Premiership pay-per-view soccer next season, reported a 26 percent increase in digital television customers for the second quarter ending June 30.
Pay Per View Sport in Europe: A new report from SportBusiness Group: Click here
Pay Per View Sport in Europe: A new report from SportBusiness Group: Click here
BBC DENIES LOSS OF OPEN GOLF RIGHTS
UK terrestrial broadcaster the BBC has told sportbusiness.com that it still holds a strong hand in the upcoming fight for the domestic TV rights to the British Open Golf Championship.
IG INDEX BEATS ANALYSTS? EXPECTATIONS
IG Index, the London-based company which offers spread betting on sport and financial markets, reported a 53 percent increase in pre-tax profit to #15.4m ($22m) for the year ending May 31, about #1m ($1.6m) more than analysts? expectations.
GO RACING APPOINTS NEW MARKETING DIRECTOR
Go Racing, the media consortium run by UK broadcasters Channel 4 and BSkyB and track owner Arena Leisure, has hired its first marketing director just a few weeks after it agreed a #387m ($545m) ten-year multimedia racing rights deal with the British Horseracing Board and the Racecourse Association.
PSN TOPS SPORTS CABLE RATINGS IN ARGENTINA
Pay-TV sports network PSN, which operates across Latin America, was the highest ranked cable channel for sports in Argentina during June.
Pay Per View Sport in Europe: A new report from SportBusiness Group: Click here
Pay Per View Sport in Europe: A new report from SportBusiness Group: Click here
NBA PLAY-OFFS LOSING TV VIEWERS
Viewing figures for the NBA play-offs are continuing to slide with the four games broadcast over the Memorial Day weekend averaging only a 6.3 television rating, down 16 per cent on the previous year.
ARENA FULFILS COMMITMENT TO GO RACING
Racetrack owner Arena Leisure has secured funding for the Go Racing consortium after raising #85.6m ($121.1m) through a placing and open offer of 90 million shares in the company at 95p.
SRI LANKAN LEGAL ROW `WILL NOT AFFECT CRICKET TOURS?
Legal battles that have left Sri Lanka's cricket board in financial limbo will not affect tours by India and New Zealand this summer, a top sports official has said.
MVi SET FOR EUROPEAN EXPANSION
MVi Total Sponsorship, the sponsorship division of global media communications giant CIA, is set for a major expansion programme into Europe.
NHL ENCOURAGED BY PLAY-OFF RATINGS
TV broadcaster ABC?s five playoff telecasts have averaged a 1.6 rating, an increase of 14 percent over last season?s first five games.
PLANS UNVEILED FOR NEW STOCK CAR LEAGUE
Drafting on the surging popularity of NASCAR stock car racing, a New York sports marketing firm unveiled plans on Tuesday for a racing league with up to a dozen teams set to begin competing in 2003.
MORE CASH FOR GOBARKINGMAD
Gobarkingmad, the greyhound racing service owned by UK-based online betting and leisure group Gaming Internet, is to get an additional cash injection of #8m to #12m ($11m to $17m) through an institutional placing and an offer to help fund this month?s launch of its website and next month?s launch of its digital television channel.
KIRCH SELLS BROADCASTING RIGHTS TO TWO GERMAN STATE-OWNED CHANNELS
Kirch, Germany?s second-biggest media company, has agreed to sell some broadcast rights for the 2002 and 2006 soccer World Cups to Germany?s two state-owned channels ARD and ZDF for a reported $115 million.
CROZIER UNDER PRESSURE AS WEMBLEY CRISIS WIDENS
FA chief executive Adam Crozier?s position has come under pressure over the weekend as the fallout from the Wembley stadium fiasco continues to spread.