Media
WEMBLEY SHAKE-UP
Three non-executive directors who fiercely objected to the sale of London's Wembley Stadium by Wembley, the gaming and leisure operator, on the grounds that it was being sold too cheaply, have resigned from the board.
EASTERN BLOC RIGHTS ROW
The UK Race-Course Association is on collision course with a number of its member racecourses over the sale of television rights to the former Eastern Bloc.
VIRTUAL ADVERTISING GIANTS NEW APPOINTMENT
Princeton Video Image Inc (PVI), a global leader in virtual advertising, has appointed a new chief technology officer.
SPORTSLINE INVESTS IN EUROPE
SportsLine, the US internet sports information service, which runs web-site such as CBS SportsLine, soccernet and Golfweb, is to develop a $50milion European subsidiary in partnership with Intel, MediaOne and Reuters.
KNIGHT AND IOC CLASH
The man in charge of next year's Sydney Olympics has lashed out at the International Olympic Committee after senior IOC members attacked him for releasing confidential documents detailing their personal habits.
UK BOOKMAKERS IN DUTY REVOLT
The UK betting industry has been thrown into turmoil by Irish government plans to reduce betting duty from 10% to 5%.
MURDOCH RETHINKS EUROPEAN STRATEGY
A merger between Europe's dominant national pay-TV operators, BSkyB and Canal Plus could be revived.
CABLEVISION REPORTS LOSSES
Cablevision Systems Corp.has reported a narrower-than-expected loss, boosted by strength in its cable televsion and programming businesses.
MLBPA LICENSES CARTOON CHARACTERS
Ultimate Sports Entertainment, the Los Angeles-based entertainment company with operations in licensing and comic book publishing, have secured a licensing agreement from the Major League Baseball Players Association to market a series of comic books turning Baseball superstars into superheroes.
GERMANY TO LEGISLATE ON VIRTUAL ADVERTISING
The German government's media commission, the Landesmedienanstalten has decided to regulate on virtual advertising.
YANKEES TOP SPORTS MONEY-MAKERS LIST
The New York Yankees not only won the World Series, but they also topped the list of Major League Baseball's money makers for 1998.
PEPSI LAUNCH THAI UNITED CAMPAIGN
Pepsi-Cola International has launched the first TV commercial featuring English soccer giants Manchester United in Thailand - where there is a fanatical following for the Premiership winning team.
BEACH GAMES BROADCAST VIA WEB
The world's largest professional surfing competitions are set to anchor the $400,000 Panasonic ShockWave Beach Games from July 19 to August 1 in Huntington Beach.
NEW OWNERSHIP PLAN REVEALED FOR PENGUINS
Fox Sports Net and Sports Management Group (SMG) have stepped up their campaign to buy the bankrupt NHL franchise the Pittsburgh Penguins.
CABLEVISION LOSSES LESS THAN EXPECTED
Cablevision Systems, owners of the NBA New York Knicks, the NHL New York Rangers and Madison Square Garden, have reported a narrower-than-expected loss, boosted by strength in its cable televsion and programming businesses.
UNINSURED UNITED WOULD BE NET LOSERS FROM CHAMPIONS LEAGUE SUCCESS
Manchester United could make more money if they lose the European Cup final than if they win.
NO RED CARPET FOR IOC FROM SYDNEY
International Olympic Committee members have been warned not to expect the red carpet treatment when they go to Sydney for next year's Summer Games.
EXTENSION TO INDY 500 BROADCAST CONTRACT
ABC Sports have signed a five year extension to their broadcast deal with Indy 500.