Media

When tenders for the new Premier League broadcast deals are tabled on April 3rd, UK clubs will be in an even stronger position to secure funds from finance houses against the value of those rights.

The Inland Revenue is planning to scrap betting duty and replace it with a new tax on bookmakers in response to offshore internet gambling, according to a Financial Times report.

South Korean sports site start?ups are proliferating and using US-based sports marketing models, according to a report from The Korean Times.

CART.com, the official web-site for the CART FedEx Championship Series has been given a new design and format by Quokka Sports Inc, in conjunction with CART.

SportSitio Inc., an online sports communications company, has completed the acquisition of TotalFutbol.com, the Latin American professional soccer news and information portal.

ISL Worldwide has signed Orad Hi-Tec Systems to provide Orad's IMadGINE virtual advertising for the Tennis Masters Series TV coverage. This is the first time that Orad will be providing virtual advertising to an ISL premium event.

German media production company EM.TV Merchandising AG has confirmed it has agreed to acquire a 50 percent stake in Formula One Motor Racing for $712.5 million.

In a deal that awaits final approval by the NFL and the IRS, Denise DeBartolo York has officially assumed

Columbia TriStar Advertiser Sales (CTAS) has appointed veteran sales executive Daniel Nunziata to serve as publisher of DIRECTV ON SPORTS, the monthly magazine for subscribers of DIRECTV.

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.