Media

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 .

German media giant Kirch and media group EM.TV & Merchandising could raise $1 billion to exercise an option to buy a further 25 percent stake in Formula One holding SLEC, Kirch vice president Dieter Hahn has said.

Media technology firm Sportvision has won the 2000 Horizon Award for "Sports Business Technology of the Year".

ARROWS SPONSOR DEAL IN DOUBT CLAIMS REPORT

OFEX quoted betting organisation Firststake Plc is to take on Bowman International Sports Ltd from founder Gary Bowman in a deal worth #12 million ($19m).

Yankees fans may love their team for winning four of the past five World Series, but others are fed up with the New York dynasty and crying foul, a U.S. Senate panel heard.

Broadband Sports, the US-based interactive sports media company, has acquired Action Sports Network, the internet portal offering information and pictures for skateboarding, snowboarding and surfing enthusiasts.

The English National Investment Company (ENIC) has reported a pre-tax profit of #11million for the year ending 30 June 2000 on a turnover of #47.2m, up 15.9% from last year.

US-based sports media company Broadband Sports has laid off 20 percent of its 250-person workforce.

European Union (EU) sports ministers have reached broad agreement on a declaration on sport's distinctive status to be adopted by EU leaders at their December summit.

UK commercial sport radio station, talkSPORT has recorded a rise in audience figures.