Media

The French parliament have adopted a draft law governing professional sports clubs that allows clubs to take on a new status as limited companies and to sell shares.

The European Commission says it has started formal proceedings against FIA, the governing body of world motor sport, and Bernie Ecclestone's Formula One on suspicion that they breached EU competition rules.

Yahoo! could become a prime advertiser during UK pay-TV sports shows now that British pay-TV broadcaster BSkyB and the web-guide company have agreed to a broad-based marketing deal spanning TV and the Internet in the UK and Ireland.

France Telecom has taken a 10% stake worth $1bn in NTL the Nasdaq-listed UK media company.

The BBC has warmly welcomed a decision in London's Restrictive Practices Court which ruled in favour of the English Premier League selling broadcast rights en bloc for all its 20 clubs.

A majority of sports fans remain reluctant to pay high ticket prices for women's sporting events, despite the heavy promotion and marketing surrounding the recent Women's World Cup Games.

Mark Monaghan has been appointed Chief Financial officer at Umbro Holdings.

Dick Ebersol, NBC Sports and Olympics chairman, and Alan Ramadan, Quokka Sports co-founder and chief executive officer, have introduced NBC's expanded Olympic coverage at www.nbcolympics.com.

Sports media and marketing company Media Content has appointed ex-ISL marketing manager Sophie Hoysted as development manager of its Media Content Sports Media Advisors unit.

KirchMedia has acquired a 25.5 percent stake in online sports portal Sport1 from German internet firm Axel Springer Verlag.

UK terrestrial broadcaster the BBC recorded the highest domestic Saturday peak-time audience for five years with 14.6 million viewers tuning in to England?s stunning 5-1 demolition of the Germans in Munich.

UK commercial broadcaster Channel 4 is considering plans for its commercial arm to link-up with an interactive betting firm to exploit its exclusive coverage of England Test matches.
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Against the backdrop of the U.S. Open tennis tournament, a group of television executives unveiled plans for the new Tennis Channel, a cable TV start-up aiming for success in the emerging digital cable universe.

UK broadcaster the BBC has won the domestic rights to the British Open Golf Championship ? ending speculation it could lose out to a rival.

Boxing fans will have to wait until October to see former heavyweight champion Mike Tyson in a boxing ring, despite a previous announcement this week stating that the renowned boxer would fight in September.

US restaurant chain Cracker Barrel is suing NASCAR and host broadcaster Fox over a lack of coverage for the firm?s title sponsorship of the Atlanta race held in March.
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