Media

Soccer club Manchester United is understood to be considering hiving off its multi-media division, focused around its manutd.com website, according to a report in the UK?s Guardian newspaper.

John Krimsky, former deputy secretary general and managing director business affairs of the United States Olympic Committee (USOC), has been named president of YankeeNets Properties and chief marketing officer of YankeeNets, the completed merger between the Yankees, New Jersey Nets and the recently affiliated New Jersey Devils.

Cablevision Systems may demolish and rebuild Madison Square Garden in order to generate more money.

Toyota Motorsport is to create a new marketing and communications group to support Toyota's entry into Formula One.

UK terrestrial broadcaster Channel 4 has signed a one-year deal worth #4m with StepStone, the European online recruitment agency, giving StepStone broadcast sponsorship of all sport coverage on Channel 4.

The Canadian Football League has struck a deal with Orad to use its virtual advertising systems on broadcasts over The Sports Network.

The European Commission is today expected to approve the DM2.9bn tie-up between UK and German pay-TV groups, BSkyB and Premiere World, reports The Financial Times.

Last Wednesday?s Champions League match between Manchester United and Fiorentina attracted 10 million viewers - or 43% of the national audience - for the UK?s commercial terrestrial channel, ITV.

German media company EM.TV is poised to take a 50% stake worth #1.2bn in Formula One motor racing, according to the UK?s Sunday Business newspaper.

Sportsworld Media Group has integrated its SSM Freesports within the group and appointed a new commercial head of its media division.

Australian Defence Minister John Moore has denied local media speculation that U.S. President Bill Clinton had decided not to attend the Sydney 2000 Olympic Games because of security concerns.

Galaxy Latin America has signed a deal to broadcast the Ultimate Fighting Championship to Latin America and the Caribbean on its satellite service DirecTV

Online gaming company VIP is calling for global self-regulation of the online betting industry and the creation of a new forum to promote consultation between governments and industry members.

Newsweek has signed with ISL Worldwide as an inaugural presenting partner for the Tennis Masters Series, the elite series on the ATP Tour.

On the day that Prisma Sport& Media announced its telephone-based joint venture with The Fantastic Corporation, Sportal.com has launched a WAP (Wireless Application Protocol) service to deliver breaking sports news.

X-Dream International has announced it is to change its name to Extreme International Ltd and revealed the formation of a new holding company.