Media

Investment bank Dresdner Kleinwort Wasserstein (DKW) has distributed a research note claiming that Manchester United plc has been the subject of bid speculation.

The NASCAR Winston Cup series has continued to record impressive television ratings with the latest race at the new Chicagoland Speedway attracting an audience of 21 million.

The PGA Tour will receive about $900 million from six US broadcast and a cable networks to show its tournaments from 2003 though 2007, according to The Wall Street Journal.

US sports network ESPN is to diversify its range of content after its newly created Original Entertainment Division announced a raft of initiatives including sports-based reality TV shows and a made-for-television sports movie.

Sports rights and marketing companies World Sport Group (WSG) and Parallel Media Group International (PMI) are to merge.

The gambling industry in the UK will come under scrutiny today when a government-sponsored report led by the former chief economic adviser to the Tresury, Sir Alan Budd, is published.

Pay-TV sports network PSN, which operates across Latin America, was the highest ranked cable channel for sports in Argentina during June.
Pay Per View Sport in Europe: A new report from SportBusiness Group: Click here

US television executives have said that Tiger Woods' popularity was not a significant factor in their new deals with the PGA Tour.

According to reports in the Wall Street Journal, EchoStar Communications has abandoned its merger bid for US satellite platform DirecTV, leaving the way clear for Rupert Murdoch?s News Corporation to acquire the Hughes Electronics-owned subsidiary.

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.

Hockey?s governing body, the Federation Internationale de Hockey, has launched its new website.

Fox Sports has handed an experienced network consultant in the shape of Dan Harrison the role of senior vice-president of programming and strategic planning.

SportsLine.com has decided to extend its association with Tiger Woods despite the company?s CEO Michael Levy stating at the IOC New Media conference only six months ago that player sites were yet to see profitability.

UK terrestrial broadcaster ITV has hired design consultancy FutureBrand English & Pockett to create the brand and on-screen identity for the new ITV Sport Channel scheduled for launch on August 11.

Fox Sports International has teamed up with Argentine broadcaster TeleRed Imagen to launch a Spanish language sports television network serving both the Latin American and US markets.

Sportbusiness.com has learnt that the disappointing financial results of German film rights and media company Kinowelt Medien AG will not jeopardise the future of multi-soccer club owner Sportwelt, in which Kinowelt owns a 10 per cent stake.