Media

London stock market-listed entertainment company Wembley has said the sale of Wembley complex is progressing and a shortlist of bidders has been drawn up.

Scottish Rugby Union chief executive Bill Watson believes that media coverage of the new Celtic League can boost the Scottish game.
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Betting operations will have to pay a percentage of their revenues to the UK?s Football Data Company, the commercial and licensing division of England?s Premier League and Football Leagues, for the privilege of offering soccer bets, sportbusiness.com has learned.
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Video game giant Electronic Arts has signed a three-year deal with Talladega Superspeedway, naming the famous NASCAR Winston Sup Series autumn race the EA SPORTS 500.
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The official World Internet Chess Championships have been launched by FIDE Commerce International (FCI) ? the exclusive holders of commercial rights to all FIDE world chess events.

The Japanese unit of global communications company Pacific Century CyberWorks (PCCW) is to form a joint venture with Japan's largest entertainment television content firm Yoshimoto Kogyo Co Ltd. to develop sports and entertainment content.

The televising of NASCAR races is keeping leading US networks in the red as they struggle to find advertisers in a bearish market.

Media group Kirch has won its ongoing rights battle with German public broadcaster ARD after a Munich state court rejected the latter?s bid for the right to air footage of Bundesliga soccer games before they appeared on rights holder Kirch?s Sat.1.

Chrysalis, the media company which produces ITV?s coverage of Formula One in the UK, is looking to sell its minority stakes in two of its internet investments and pump the money from the disposals into its wholly owned internet sports network Rivals.net.

Dallas cut the ribbon on Friday on a new $420 million (?480m) downtown arena for the NBA Mavericks and NHL Stars, packed with luxuries and high technology that made it the nation's most expensive hockey and basketball facility.
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Asian sports broadcasting network ESPN Star Sports has renewed a deal for carriage of its channels on pay-TV operator Singapore Cable Vision (SCV) for a further five years.

John Magnier, the racehorse breeder who last week bought a 6.7 percent stake in English soccer club Manchester United, is reportedly interested in buying the offshore betting operation owned by Victor Chandler.

Tele-Cine, the builders of secure TV and internet production facilities, has signed a long-term contract to provide transmission services for the digital TV channel gobarkingmad - a live, 24-hour greyhound racing channel where punters can see a race every five to eight minutes.

UK broadcaster, BBC Radio has secured the commentary rights for the cricket World Cup until 2007 for its Radio Five Live station.

Australia and New Zealand may lose the 2003 World Cup to France because of arguments with the International Rugby Board (IRB) over television rights and profits, according to media reports.

Watch manufacturer Rolex has agreed to be a sponsor at golf?s next two Ryder Cups within Europe and of the 2003 European team when the matches are played in the United States.

Telecommunications giant Vodafone has signed a three-year sponsorship deal with the Ferrari Formula One team for an undisclosed sum.

Online betting shop Coral Eurobet has signed a deal with loss-making mobile entertainment company 12snap to allow punters to place bets using mobile phone text messaging services.