Media

TodaysSports.com has become one of the top 10 sports sites on the Web in terms of reach since it began operating two months ago.

ISM Holding Corp, owners of ISM Marketing and ISM Motorsports, is to launch an interactive sports betting and gaming site, the first of several interactive web sites to be owned by the company.

Broadcom Corporation, an enabler of broadband communications to homes and businesses, and Gotcha International, the surfwear and media company, have launched Broadband Interactive Group Inc. (BIG) to create interactive content aimed at the 10-24 year-old age group.

A Tennessee jury has debated punitive damages against Sports Illustrated after awarding boxer Randall "Tex" Cobb $8.5 million in his libel suit against the magazine, which reported that he fixed a 1992 fight with another boxer.

UK broadcaster Sky Sports has won the exclusive live rights to the next two Ryder Cups between Europe and the United States.

In one of the most bizarre sponsorship deals ever seen, a top Australian Rules footballer has legally changed his name to a brand of pet food to help out his cash-strapped club.

Video game giants EA Sports, has signed a three-year sponsorship and licensing agreement with PACE Motor Sports.

The German Football Federation (DFB) is considering a change to its statutes to counter wage inflation and the demands created by soccer's commercial growth.

UK broadcaster Sky Sports has won the exclusive live rights to the next two Ryder Cups between Europe and the United States.

The proposed spring US Football League, the International Football Federation (IFF), have held preliminary discussions with NBC and Turner Broadcasting, the networks that lost out in the $18 billion NFL contract negotiated in 1998.

Barcelona have agreed a #254m five-year deal with Spanish digital pay-TV company, Via Digital, for pay-per-view rights starting in 2003.

British pay-TV company BSkyB says it has signed exclusive contracts with all three English football clubs playing in next season's European UEFA Cup.

Sydney's 2000 Games chief Michael Knight raised the hackles of the International Olympic Committee on Thursday, lecturing its members on the need for reform just two days after cutting millions of dollars in IOC perks from the Sydney budget.

Fox have sued Turner Broadcasting for setting up a competing cable network to Fox Sports Net South - a move which allegedly violates a non-compete agreement the two media companies signed three years ago.

The BBC are likely to pay approximately #50m to retain the live broadcast rights for Wimbledon according to UK press reports. The five year deal would replace their current #30m contract which expires on July 4th.

Telefonica and Sogecable, the parent companies of Spain's two digital television platforms, have signed a deal over sharing soccer rights for the next 10 seasons.

Fox Broadcasting Corp. chief executive David Hill is leaving his post and returning to his roots in sports as head of a new Fox group overseeing the entertainment giant's global sports operations.

Silverstone has pledged to match the $70m deal that Brands Hatch has struck with Bernie Ecclestone to stage the British Grand Prix from 2002, provided it receives assurances about television rights and the future management of his Formula One Administration.