Media

Global foreign exchange company Travelex is to sponsor the Australian cricket team's shirt during the Ashes tour in the UK.

Rainbow Media Holdings, the subsidiary of Cablevision Systems Corporation and NBC, has promoted Andrea Greenberg to president, Rainbow Sports Networks.

Enic, the leisure and media company, which has stakes in a string of European soccer clubs, is planning to sell its retail and restaurant unit to concentrate on its sports interests.

Australia?s Queensland state government will increase poker machine tax by as much as 20 per cent to fund its $280 million (US$145m) plan to upgrade Lang Park football ground.

TVB, the free-to-air Hong Kong-based broadcaster, has gained the rights to the UEFA Cup and the European Super Cup for the next three years.

Sportbusiness.com can exclusively reveal that the California Public Employees' Retirement System (CalPERS) is to invest $122 in Sports Capital Partners, the private equity fund co-established by marketing giant IMG.

Virtual imaging company Orad has won a sports Emmy for its role in NBC?s coverage of the Sydney 2000 Olympic Games.

European high tech firms WIGE MIC and Swiss Timing will be the official timers at the Goodwill Games in Brisbane, Australia.

UK commercial television company ITV is still interested in securing television rights for the 2003 Rugby Union World Cup despite claims that the broadcaster has pulled out of the bidding according to the International Rugby Board.

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.

Formula One promoter Bernie Ecclestone has said that Europe's major carmakers could wreck top-level motor racing if they proceed with their plans to set up a rival championship to F1.

The NFL?s new media operation is considering subscription fees as a revenue source, following the slump in US ad sales.

The World Wrestling Federation has signed three new distribution agreements in Asia as part of its strategy to expand programming within the region.

Interactive sports content company Sportal has unveiled a demonstration version of an interactive broadband sports channel.

UK-based structural strands company Bridon International has secured a contract to supply structural cables for the roof structure of the Inchon Munhak World Cup Stadium in South Korea.

The British venue for the 2005 world athletics championships is not being built on the cheap despite costing #10 million ($14.29 million) less than expected, MPs were told on Wednesday.