Media
PPV SOCCER RIGHTS DOOM SPANISH DIGITAL DEAL
In a surprising move, Spanish telephone company Telefonica has broken off talks with Sogecable to merge the country's two digital platforms, the Telefonica-led Via Digital and Sogecable's CanalSatelite Digital (CSD).
STREET SPECULATES ON NEWS CORP., CBS IPOS
Stock prices of both News Corp. and CBS Corp. fell Tuesday as expectations grew that stock offerings planned by offshoots of both companies are likely to be postponed.
UEFA GETS BACKING OF TOP CLUBS FOR EXPANDED LEAGUE
Real Madrid and AC Milan have thrown their support behind UEFA's plans for a revamped Champions' League after another meeting between 12 of Europe's top clubs and their governing body.
SYDNEY AIRPORT CAN HANDLE OLYMPICS – AIRPORT CHIEF
Sydney Airport would be able to handle the Olympics in year 2000, Tony Stuart, the chief executive of Sydney Airports Corp, has said.
STERN ON VERGE OF CANCELLING SEASON
On the eve of a pivotal bargaining session, NBA commissioner David Stern, speaking on ESPN's "Up Close," said cancellation of the entire season is a very real possibility.
MIXED RESPONSE TO STADIUM PLAN
The decision by the Melbourne and Olympic Parks Trust to seek naming rights sponsors for two of Victoria's premier sporting facilities has caused a mixed reaction among tenants.
GERMAN BANK LAUNCHES BID IN F1 BOND SAGA
A German bank has offered to purchase all of motor racing tycoon Bernie Ecclestone's planned bond issue provided conditions including a reduction in the deal's size are met, bankers in London has said.
BLATTER DEFENDS WORLD CUP PLANS
FIFA president Sepp Blatter on Monday rebutted criticism from other soccer leaders over his call for the World Cup finals to be staged every two years.
SAMARANCH TO STAY BUT OTHER IOC HEADS ALL SET TO ROLL
Olympic heads are almost certain to roll when a probe into alleged bribery is concluded at the weekend but Juan Antonio Samaranch, the most powerful man in the movement, will not be one of them, according to a Reuters report.
BIG MONEY FIRST TIMERS PREPARE FOR SUPERBOWL
Though the Super Bowl is traditionally a showcase for top advertisers, a number of lesser-known companies are wagering big bucks on this Sunday's game.
NAGANO HAD "EXCESSES" IN OLYMPIC BID, SAYS OFFICIAL
A top Japanese Olympics official has said there were "excesses" in Nagano's winning bid for the 1998 Winter Games but that a probe was being hampered because Olympic documents had been destroyed.
TV DEAL STRUCK FOR CHAMPIONS? LEAGUE
French pay television group Canal Plus says it and private terrestrial TV company TF1 have agreed to share broadcasting rights for the European football Champions' League for matches played from September to May from 1999 to 2003.
WEMBLEY PROFITS BOOST
Wembley plc, the gaming and leisure operator, has announced another year of record profits.
MURDOCH WINS GERMAN CHAMPIONS LEAGUE RIGHTS
Media mogul Rupert Murdoch, long stymied in the German media market, now has the chance to become a major player thanks to a bold back door deal, predict analysts.
GERMANY TO LEGISLATE ON VIRTUAL ADVERTISING
The German government's media commission, the Landesmedienanstalten has decided to regulate on virtual advertising.
PELE CONFIRMS MEDIA PARTNERS SUPER LEAGUE TALKS
Brazilian soccer legend Pele has confirmed he has been in discussions with Media Partners over the possibility of forming a Brazilian Super League.
NBC/TURNER TALK TO NEW US FOOTBALL LEAGUE
The proposed spring US Football League, the International Football Federation (IFF), have held preliminary discussions with NBC and Turner Broadcasting, the networks that lost out in the $18 billion NFL contract negotiated in 1998.
BBC APPOINT SPORTS-MINDED D-G
Greg Dyke, the former Head of Sport with commercial network ITV and a current director of Manchester United has been appointed director-general of the BBC, the most powerful job in British broadcasting.