Media

Pan-american Sports Network (PSN), the 24 hour sports channel, has signed a multiyear partnership with soccer legend Pele.

Seven Scottish first division clubs agreed on Wednesday to quit the 111-year-old Scottish League in a bid to secure their economic survival.

Following on from our news story yesterday, we take a closer look at plans to insert virtual advertising in this year?s Super Bowl.

News Corp. has named Brian Mulligan, a former top executive at both Universal Pictures and its Seagram Co. parent, chairman of its Fox Television unit.

All new videos on the Eurosport.com websites are now sponsored by Intel.

The North American Broadcasters Association (NABA) announced that veteran Canadian broadcaster Michael McEwen has been appointed as their new Secretary-General.

WNBA basketball will bounce from Lifetime to ESPN2 next season. Although Lifetime still has two more years left on its six-year deal with the WNBA, both parties decided the games would fare better on an all-sports network than the women's cable channel.

Ladbrokes, the betting and gaming division of Hilton Group plc, has launched a betting and gaming internet service at ladbrokes.co.uk, and at its tax-free international site ladbrokes.com.

Deutsche Bank AG has declined to comment on media reports that one of the investment funds it manages had taken a big paper loss on a stake in ailing German media company EM.TV AG .

Eurosport.com has signed a new strategic partnership with tennis.net, part of the Umbrella Media group.

Germany's EM.TV & Merchandising said on Monday that privately owned media giant Kirch Group had agreed to acquire a minority stake in the group and take over 49 percent of the company's shares in Formula One holding company SLEC.

Boston Media Corporation, a Boston-based internet advertising, media and technology firm, has launched an online sports advertising network.

Speculation is growing that the US-based TV Guide Channel is to launch a "Sportsview" segment to be hosted by Fox Sports Net anchors.

Greece has pledged speed up the completion of key 2004 Olympic venues to please an International Olympic Committee (IOC) team who are in Athens to inspect preparations for the troubled Games.

Steve Fugitte has been appointed vice president, new media, for Churchill Downs Inc. ? the company which owns the home of the Kentucky Derby.

The Sports Authority of Thailand has received Bt50 million ($1.1m) from the government to set up an IT network to disseminate information about sports activities around the nation.

Eurosport has won a bronze trophy at the `Olympic Golden Ring? Awards, organised by the IOC (International Olympic Committee).

German sports media firm Wige Media made a cautious stock market debut on Tuesday with the stock failing to draw much interest from institutional investors, traders said.