Media

Brand management will become increasingly important against the twin threats of recession and media clutter according to a panel of leading industry figures speaking during the first day?s final session at SportBusiness 2001.

UK commercial television company ITV is still interested in securing television rights for the 2003 Rugby Union World Cup despite claims that the broadcaster has pulled out of the bidding according to the International Rugby Board.

The BBC has warned sporting bodies that they threaten the future of their respective sports by increasingly favouring pay-TV companies over free-to-air broadcasters when securing television rights deals.

In a bid to counter the match-fixing scandals that have besmirched international cricket over the past year, the England and Wales Cricket Board (ECB) has drawn up strict new contracts for all players and personnel linked to county cricket clubs in the UK.

Championship Auto Racing Teams (CART) has forecast total revenues of approximately $75 - $78 million for the year 2001 and a pre-tax profit for the year expected to be approximately 32 per cent of total revenues.

Broadcast technology innovator InMotion Technologies decided to change its name to Dartfish.

F2 Broadcast Network has signed an endorsement deal with PGA Tour member Brian Gay.

Bayern Munich is ready to invest in several players to build a new, stronger team, club president Franz Beckenbauer said on Tuesday.

The Flora London Marathon contributes almost #66 million ($94.3m) to the UK economy annually, according to a new report.

US sports website Rivals.com is to close with the loss of 80 jobs, reports the Seattle Times. The news comes after protracted talks with Yahoo failed to result in a sale of the struggling network. Rivals chief executive Saul Gamoran told the west coast newspaper; ?We tried very hard to effect a sale of the company, and we came pretty close, but we were unable to cross the finish line.?

Italy's Serie A side Fiorentina and Investment bank Morgan Stanley are in talks which could lead to the purchase of the Florence club, Italian newspapers reported on Tuesday.

Tickets to this year?s Goodwill Games in Brisbane, Australia will be sold on a first-come, first-served basis.

News Corp. is in talks with a group of cable operators and other investors to potentially buy out their stakes in cable TV channels Outdoor Life Network LLC and Speedvision Network LLC the Wall Street Journal reported in its online edition on Monday.

Race on Sunday, sell on Monday. That is why car makers and sponsors are spending hundreds of millions of dollars on backing Formula One world championship racing cars.

The first Afro-Asian Games will go ahead in New Delhi in November as scheduled, the Indian Olympic Association (IOA) president has said.

The ISMM Group ? parent company of ISL ? has failed in its bid to postpone bankruptcy proceedings.