Media

Nasdaq-listed racetrack owners Churchill Downs Inc (CDI) will resume normal business operations at its six racetracks and nine off-track betting locations.

MP Web, the new media company of Milan-based sports marketers Media Partners Group, and Italian Serie A soccer club AC Parma have signed an exclusive management agreement for the official website of AC Parma until 2009.

English Rugby League team the London Broncos confirmed to sportbusiness.com that, contrary to earlier reports, no decision on who would take over from Virgin as the new owners of the club would be made until next week.

Leading Greek soccer club Olympiakos is planning to build a new stadium following the break down of talks with the club’s current stadium owners, the Greek Olympic Committee (GOC).

The Union of European Basketball Leagues (ULEB) has hit back at FIBA’s decision to pull out of Europe’s premier club tournament, the Euroleague.

England Rugby, the new joint venture between the Rugby Football Union and Premier Rugby, has appointed the largest independent television production company in the UK, TWI, to handle its sales of international television rights in overseas markets.

Opinion is hardening in the City against the sports-led strategy of the listed UK commercial television companies Carlton and Granada, the backers of ITV Digital, ITV1 and the ITV Sports Channel.

The managing director of race track owner Arena Leisure has spoken of an historic six months for his company when he presented Arena’s results for the half year ending June 30.

London stock market-listed Sportsworld Media Group plc has issued a statement reiterating its confidence in meeting market expectations for the year ended 30 June 2001, despite a 20% fall (from a weekly high of 373.5p 312.5p) in its share price over recent days.

The New York Yankees has created its own television company called YES with hopes of doubling its broadcast revenues.

Spanish soccer club Athletic de Bilbao has taken a pioneering step in Spain by launching its own brand of kit bearing the brand name "Athletic".

Britain's betting taxes will be scrapped in October and replaced by a tax on bookmakers' gross profits, the government said on Friday.

ITV, the UK terrestrial television network, has rejected claims that it will have to reschedule its Saturday evening Premier League highlights following objections from satellite operator BSkyB.

World soccer’s ruling body FIFA has snapped up the rights to the official films of all the World Cups from 1954 through to 1990, sportbusiness.com can reveal.

The following profiles show the strengths and weaknesses of the five candidates seeking to take over from Juan Antonio Samaranch when he retires after 21 years in charge of the International Olympic Committee (IOC) in July.

USA Network’s coverage of Wednesday’s US Open quarter final between Pete Sampras and Andre Agassi defeated the premiere of CBS's reality show “The Amazing Race” in ratings for New York DMA TV homes.