Media

The Commercial Bank of Greece has said it has reached a preliminary agreement with the Athens suburb hosting much of the 2004 Olympic Games to finance up to 1.5 billion euros in real estate development.

The supervisory board chief of German media group EM.TV & Merchandising has said he would not block a deal for cross-town peer Kirch to buy a stake in EM.TV as the two companies appeared eager to reach an agreement.

The NBA, the WNBA and SportsLine.com, have signed a multi-year global partnership encompassing a variety of strategic initiatives.

The Japanese motorsport venue the Suzuka Circuit has announced plans to modernise the current facilities, create better safety features on the track and improve the services offered to the spectators.

The NFL?s wireless service has already attracted more than 10,000 users.

September's Sydney Olympics should be a financial success after being praised worldwide as the greatest Games in history, Olympic leaders said on Tuesday.

A former senior 2004 Athens Games official has accused the organising committee (ATHOC) of cultivating "virtual reality instead of substance and essence" and its president Gianna Angelopoulos of inertia.

A leading executive with Olympic TOP sponsors Coca-Cola has called on the IOC and NBC to jointly design a new model for leveraging the advertising power of new media.

Interactive-television concern OpenTV Corp has announced its first deal with an American cable outfit, USA Media Group.

A virtual sports institute is to be created to give Britain's top sportsmen and women access to the best advice and services wherever they are in the world.

Churchill Downs has established a record for total wagering during its 2000 Fall Meet, which ended its 24-day run on Saturday.

ESPN International is to broadcast live coverage of all four rounds of the 2000 World Golf Championship ? EMC World Cup.

CBS Television and Mitsubishi Digital Electronics America, Inc. (MDEA) have entered into an agreement in which MDEA will sponsor high definition television coverage of the 2000 Thanksgiving Day football game between the New England Patriots and Detroit Lions.

Rivals.com, the online sports content network catering for the dedicated fan, has announced a $500,000 advertising campaign to be broadcast on Fox Sports and Fox Sports Net.

CART has appointed Minneapolis-based public relations agency the Tunheim Group as its public relations agency.

Sportvision, Inc., the US-based sports media technology, has appointed Steven F. Roberts to executive vice president, Product Management, and promoted Russell Quy to executive producer and vice president, Media Production.

Athens organisers have picked a shortlist of five banks as sponsors for the 2004 Olympics Games.

European online auction house QXL.com Plc has launched QXL.tv to deliver live auction programming via television and the internet.