Media
DIRECTV ON VERGE OF ECHOSTAR MERGER
A report out tomorrow from US broker SG Cowen is expected to say that a much anticipated merger between EchoStar Communications and DirecTV would not break antitrust laws.
EVERTON MEDIA DEAL COLLAPSES
English Premier League soccer club Everton will have to sell players before making any new signings after a major media deal collapsed, the club's deputy chairman and main financial backer Bill Kenwright has revealed.
SRI LANKAN LEGAL ROW `WILL NOT AFFECT CRICKET TOURS?
Legal battles that have left Sri Lanka's cricket board in financial limbo will not affect tours by India and New Zealand this summer, a top sports official has said.
TEAMTALK `UNLIKELY TO RECOVER QUICKLY?
Bill Wilson, chairman and chief executive of Teamtalk, the independent online sports content provider, has told sportbusiness.com that his company will not move out of the red until 2003.
POLICE SWOOP ON SOCCER BETTING RING
Police have arrested 40 people for illegal soccer bookmaking after extensive raids across Hong Kong in the run up to the Champions League final this week.
MOBILE PHONE BETTING BECOMES REALITY
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.
E-COMSPORT REPORTS LOSS AND STRATEGY SHIFT
e-comsport Group plc, the Alternative Investment Market (AIM)-listed sports marketing business, has announced a loss for the year ended 31 December 2000 of #4.5m ($6.41m).
NPOWER PULLS THE PLUG ON PREMIERSHIP BACKING
Utilities firm npower will not be renewing its second-tier sponsorship deal with the FA Premiership next season after the league demanded a minimum three-year commitment.
E-COMSPORT SIGN JUVENTUS DEAL
British online sports marketing firm e-comsport Group has signed a three-year contract with Italian Serie A football club Juventus for its skill-square game product.
RFU: `NO DECISION ON BROADCASTING RIGHTS UNTIL NEXT WEEK?
The UK?s Rugby Football Union (RFU) has told sportbusiness.com a decision on whether the BBC or BSkyB would be awarded the broadcasting rights to England?s domestic and international rugby matches would not be made until next week.
ONDIGITAL LAUNCHES PUB SOCCER PACKAGE
Having significantly increased its portfolio of soccer content, UK cable network ONdigital has thrown down the gauntlet to rival broadcaster BSkyB by launching a significantly cheaper subscription package for bars and entertainment venues.
FOX BUYS UP MOTOR RACING NETWORK
US-based Fox Cable Networks Group, a division of Rupert Murdoch?s News Corporation, has agreed a transfer of programming interests with rival cable firm Comcast. The deal will see Fox sell its stakes in the Golf Channel and the Outdoor Life Network (OLN) to Comcast in exchange for ownership of motor racing network Speedvision in which Fox currently holds a minority stake.
NTL DENIES SALE OF BRITISH EUROSPORT STAKE
Eurosport and Premium TV, the sports rights and content subsidiary of NTL, have rebutted an article published in the business section of UK newspaper The Sunday Telegraph (20 May 2001) claiming that NTL is trying to sell its stake in British Eurosport.
CHANNEL 4 SIGNS FRENCH HORSERACING DEAL
Channel 4 Television has signed a one-year deal for UK terrestrial rights to French horseracing.
CORRUPTION REPORT PAINTS DISTURBING PICTURE FOR CRICKET
A conspiracy of silence has surrounded corruption in world cricket, the first report of the International Cricket Council's (ICC) anti-corruption unit has said.
TYSON V LEWIS FIGHT ? BROADCASTERS IN TALKS
Rival cable television broadcasters HBO and Showtime are negotiating to present a fight between former champions Mike Tyson and Lennox Lewis.
JAPAN BLASTS WCC POSTPONEMENT
The postponement of this year's FIFA World Club Championship in Spain could damage soccer?s credibility in Japan, according to the president of J. League club Jubilo Iwata.
COMPANIES SEEK NEW WAYS TO AFFORD SPORTS RIGHTS
The ever-increasing cost of sports rights is forcing potential bidders to look at new ways to raise money, according to broadcast analysts responding to the merger of RTL Group, Vivendi Universal and Groupe Jean-Claude Darmon.