Media
TALKSPORT OWNER UNVEILS IPO PLAN.
Kelvin MacKenzie, the owner and chief of the Wireless Group, has unveiled plans to raise #35 million ($54.77 million) to #40 million through a placement of shares. The Wireless Group owns talkSport, the UK?s only dedicated sports radio station. Mackenzie said the firm expected to list on the London market on May 25.
TRUCE CALLED ON ABC BLACKOUT
Time Warner and Walt Disney have called a temporary halt to feud that has blacked out the ABC cable network in 3.5million US homes since Monday.
TALKS CONTINUE FOR SPORTS INTERNET BID
The Financial Times has revealed further details of potential bidders for the UK-based on-line sports content company, Sports Internet. According to the newspaper, the internet group has admitted that it is in talks that could lead to a bid for the company.
PAKISTAN BOARD TO RECEIVE CORRUPTION REPORT
The Pakistan Cricket Board (PCB) will receive a much-awaited judicial commission report on match-fixing on Friday and it will be made public before the end of June, a top official said.
ICC DISMISS CORRUPTION CHARGES AGAINST DALMIYA
The International Cricket Council (ICC) has dismissed corruption allegations against its president Jagmohan Dalmiya on the opening day of a two-day meeting to discuss a match-fixing crisis.
SPORTS INTERNET CONFIRMS ACQUISITION OFFER
UK online betting and content provider Sports Internet has confirmed that it is in talks with an unnamed party which may lead to an offer being made for the company, reports Dow Jones International News.
ESPN.COM NOSES IN FRONT IN ONLINE HORSE RACE
ESPN.com has teamed up with Winnercomm and NTRA Productions to provide visitors to ESPN.com with expanded web coverage of horse racing.
KIRCH SIGNS BUNDESLIGA DEAL
The German Football Federation (DFB) has signed a lucrative deal with German media group Kirch under which all Bundesliga matches would be shown live on pay-TV or pay-per-view for the first time from next season.
VIRTUAL WORLD OF SPORTS SECURES LADIES GOLF SPONSORSHIP
Internet company Virtual World of Sports has secured a Au$9.2 million three-year naming rights sponsorship deal with The Australian Ladies Masters golf tournament. The sponsorship ensures that the tournament stays at Royal Pines on Australia?s Gold Coast until at least 2003.
STREAM CONTROLLED BY NEWS CORP, TELECOM ITALIA
Italian media mogul Vittorio Cecchi Gori has sold his 18% stake in the country's digital platform Stream to Rupert Murdoch?s News Corps and Telecom Italia. The 12% stake in Stream held by soccer consortium SDS, has also been sold. As a consequence, News Corp and Telecom Italia, each have a 50% stake in the pay-TV operator.
NEW DEALS IGNITE CONFERENCE
LOS ANGELES: Andrew Gellatly, SportBusiness.com new media editor, reports from the Interactive Sports 2000 conference.
NCAA POWERHOUSE WARNS OF CHARGES FOR DATA RIGHTS
LOS ANGELES: Andrew Gellatly, SportBusiness.com new media editor, reports from the Interactive Sports 2000 conference.
BRITTEN NAME NEW VP
Jim McManus has been appointed vice president, motorsports, at sports events signage and banner provider Britten Media.
COMMUNITY SPORTS SITES KEY TO WEATHERING STORMY EQUITY MARKETS
The turbulent stock market may be creating funding problems for the big sports web site players as they continue to burn through cash, but Rivals.com general manager Scott Ehrlich argues that sports community niche sites will prosper because they can market themselves using the already existing connections and affinities between fans and groups of sports participants.
`LEAGUE INTERNET RIGHTS ROLL-UPS WILL HINDER FANS? CLAIMS CABLE EXEC
LOS ANGELES: Andrew Gellatly, SportBusiness.com new media editor, reports from the Interactive Sports 2000 conference.
ONLINE SPORTS MARKET `NOT AS FAR ALONG AS WE LIKE TO BELIEVE?
Dr. Richard Luker, founder of the ESPN Sports Poll presented new research at the Interactive Sports 2000 conference in Los Angeles that suggests the internet sports market is "a market place still waiting for people to come through its doors".
FIRST ENTERTAINMENT STREAMS PGA?S COMPAQ CLASSIC
First Entertainment, a leading Multimedia Internet Entertainment Company, will stream live video of the PGA Compaq Classic of New Orleans on the company's F2 Sports Network. The live streaming will take place between May 1 - 7 from the English Tern Golf and Country Club in New Orleans.
CNBCSIGNS UP SR. PGA TOUR
CNBC, the financial news network, has signed a four-year deal with the PGA Tour to televise 33 Senior PGA Tour events domestically, beginning in 2001.