Media

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.

AmeriSuites has signed a new three-year sponsorship of American Spirit Racing's (ASR) team in the BF Goodrich Trans-Am Series.

The NHL has signed a deal with online video firm Virage to develop and distribute personalised player and team video highlights coverage of the 2001 Stanley Cup Playoffs on NHL.com.

French media giant Vivendi may yet pull out of its bid to take control of troubled Swiss marketing giant ISL.

TNN, which holds the US broadcast rights to the Arena Football League, kicks off its 2001 15 game regular season schedule with a rematch of last year's Arena Bowl XIV in a special primetime telecast featuring the Nashville Kats and the Orlando Predators.

One of the world?s most valuable sport stars of all time, Michael Jordan is set to return to the NBA next season, according to press reports.

The Football League has announced a #12m ($17.3m) three-year extension to its sponsorship deal with Nationwide.

Asian internet sports portal, Sportalasia, has selected Digital Island to provide content delivery and streaming media services to sports fans globally.

Golf sensation Tiger Woods? sensational display at the weekend is set to see his potential in the commercial market boom ? with many now suggesting he could be set to land more than a billion dollars in sponsorship and advertising. For the full story see the FEATURES section of sportbusiness.com.

Shares in soccer side AS Roma fell sharply on Monday after the Italian first division leaders lost 3-1 to Fiorentina, recording only their third league defeat of the season.

The prospect of the XFL surviving a second season is now officially against the odds ? according to a major US gambling firm.

The UK government may still permit the broadcast rights of certain World Cup 2002 matches to be sold to pay-TV operators ? despite a statement last week claiming all 64 matches are listed events.

The French soccer league (LNF) has rejected bids from TF1 and Metropole Television (M6) for the right to broadcast highlights of soccer games on Sunday mornings.

Sir Rodney Walker, chairman of Wembley National Stadium Limited (WNSL), is believed to have told a senior UK government official that he cannot guarantee the stadium will open by May 2005 as planned.

The Gaelic Athletic Association has voted not to allow soccer matches to be played at Dublin?s Croke Park venue.