Media

Glasgow Rangers have disclosed plans to float the business on the stock exchange and that talks are underway with a number of potential media investors.

BSkyB has offered #250million for exclusive UK television rights to the World Cup 2002, according to The Observer newspaper.

Internet company Pacific Century CyberWorks has snapped up the exclusive internet broadcasting rights to international cricket matches played in India.

European Rugby Cup Limited (ERC) and ISL Worldwide have mutually agreed to end their relationship with regard to the European Cup and European Shield competitions.

The New Zealand Rugby Football Union, whose All Blacks team is one of the world?s best recognised sports brands, has appointed Media Content Sports Media Advisors as television and media rights consultants.

Peter Velappan, the general secretary of the Asian Football Confederation, has attacked the decision by Saudi Arabian club Al Ahli to withdraw from the semifinals of this year's Asian Cup Winners' Cup.

Nike Inc. and Metastream Corp., a provider of marketing visualization solutions for the Web, have signed a viewer distribution agreement.

The British government has dismissed a report that England might team up with Germany in a bid to host soccer's 2006 World Cup rather than press its own case.

KVP Venture, a $250 million venture capital fund founded by Australian media tycoon Kerry Packer and two Indian partners, has decided to invest in four Indian startup companies focused on the internet and software, the fund has announced ? and a sporting venture is set to be among the first to benefit.

D.C United has attracted an offer from US cable company Discovery Communications to become a major sponsor of the MLS club in a one-year $150,000 (#95,000) deal, reports the soccer industry newsletter, the Soccer Investor Weekly Bulletin.

Internet bookmakers William Hill can expect a $10m pay-out if Tiger Woods wins this year's golfing Grand Slam and have slashed the odds about that happening from an opening quote of 250/1 to 33/1.

The chairman of soccer?s richest club ? English and European champions Manchester United ? has delayed his retirement so that he can be involved in the next round of bidding for the Premier League broadcasting rights.

The UK?s Channel 4 is set to join forces with cable giant NTL in a bid to win the rights to broadcast live England soccer internationals.

Media magnate, Rupert Murdoch, has been named the most powerful person in the world of sport, according to a ranking published in The Guardian newspaper.

Fox Sports Net (FSN) has bought the over-the-air television rights to MLB?s Texas Rangers and NHL?s Dallas Stars in a 10-year, $250 million deal, which could be extended for another five years, according to The Dallas Morning News newspaper.

Southern Company, the international energy company, is to launch a year-long national TV ad campaign, composed of four new 15-second commercials centering around the company's role as the Official Energy Company of the PGA TOUR.

Liberty Media Corporation has successfully completed its cash tender offer to acquire all outstanding shares of Ascent Entertainment Group, Inc.

A US company is mounting a challenge to a consortium made up of Channel 4, the BBC and cable firm NTL, for the Internet rights to British horseracing.