Media
SMG INVESTS MILLIONS IN SCOTTISH SOCCER CLUB
Scottish Media Group Plc said it is investing #8milion($12.86m) in Edinburgh soccer club Hearts in a deal which could ultimately give it a stake of up to 37.4 percent.
ANOTHER OLYMPICS BLOW AS SEVEN SUSPENDS AD CONTRACT
The beleaguered organisers of the Sydney 2000 Olympic Games have suffered a second blow in two days when the official broadcaster suspended its advertising contract.
PREMIER LEAGUE CLUB ISSUES BOND
London Stock Exchange-listed Premier League club, Newcastle United Plc, has become the first club in football to securitise its commercial revenue streams by issuing a #55m bond.
LA FRANCHISE BIDDER PULLS OUT
Billionaire oilman Marvin Davis has pulled out of his bid to set up an NFL expansion franchise based at Hollywood Park, Inglewood.
ISM TO LAUNCH ONLINE SPORTS BETTING SITE
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.
GARBER JOINS PVI BOARD
Don Garber, the recently named commissioner of Major League Soccer has been nominated to serve on the board of directors for Princton Video Image ? the virtual advertising specialists.
SPORTSLINE USA REPORTS RECORD QUARTELY RESULTS
SportsLine USA, the leading global Internet sports media company and publisher of CBS SportsLine, has announced record revenue and site traffic for the third quarter ended September 30, 1999.
SANEX SET TO SPONSOR WTA TOUR
The WTA Tour is close to completing a five-year title sponsorship contract worth more than $40 million with Sanex, a subsidiary of the Sara Lee Corp, according to a report in the US advertising and media magazine Brandweek.
TOTAL SPORTS TO RAISE $57.5M IN IPO
Total Sports Inc., a provider of online coverage of sporting events, has filed with regulators to raise as much as $57.5 million in an initial public offering.
BT TO BID FOR PREMIER LEAGUE RIGHTS – REPORT
BT are reported to be set to enter the English soccer TV rights battle.
GREEN TO HEAD SKY SPORTS VENTURES
British broadcaster BSkyB has appointed Simon Green as general manager of Sky Sports Ventures.
HOTJOBS.COM ENHANCES SUPER BOWL CAMPAIGN
HotJobs.com's second ad campaign focussed on the Super Bowl will culminate in two 30-second spots airing during ABC's Super Bowl XXXIV telecast.
SPORTAL IN DEAL WITH DIGITAL TV PLATFORM
Sportal has announced it has signed a landmark deal with the UK?s Cable & Wireless Communications to provide sports-related content to its digital television platform.
MURDOCH SELLS ON CHAMPIONS LEAGUE TV RIGHTS – SAYS REPORT
International media magnate Rupert Murdoch has agreed to sell the German television rights to European Champions' League soccer for the next three seasons, the Sueddeutsche Zeitung newspaper has reported..
BEER GIANT SIGNS BROADCAST SPONSOR DEAL
UK commercial broadcast network ITV has signed a deal with beer firm Carlsberg to sponsor its coverage of soccer?s Euro 2000 tournament this summer.
BAYERN COMMERCIAL CHIEF BACKS PAY-PER-VIEW PLANS
Uli Hoeness, commercial manager of Germany's richest football club, Bayern Munich, has backed a decision by the German Football Association to allow pay-per-view broadcasts of Bundesliga soccer matches.
WEB SITE DEFIES LEGAL MOVES
iCraveTV.com Inc. this week broadcast two National Football League playoff games, the second-highest rated football program after the Superbowl, despite a landmark lawsuit launched against the upstart web company last week by US TV and movie heavyweights, including the NFL.
NEWS DIGITAL MEDIA ACQUIRES STATS COMPANY
News Digital Media, the interactive arm of News Corp., has acquired Stats Inc., a privately held supplier of sports scores, statistics and other analysis, according to a report in Variety magazine.