Media
EM.TV SET TO SLASH 2000 EARNINGS FORECAST
EM.TV & Merchandising is set to cut its forecast for 2000 earnings before interest and tax (EBIT) - originally set at 600 million marks - by several hundred million marks.
EM.TV TO GET F1 FINANCIAL LIFELINE?
Private German media giant Kirch Group is in talks to acquire a majority stake in EM.TV & Merchandising AG, the Munich-based firm, industry sources said on Tuesday.
TIANANMEN SQUARE PREPARES FOR BEACH VOLLEYBALL
Chairman Mao Zedong will share the spotlight with beach volleyball if the 2008 Olympics come to Beijing.
CHINA CONSIDERS TIANANMEN SQUARE FOR 2008 BID
China is contemplating throwing Tiananmen Square - mostly known to the outside world for the 1989 massacre of pro-democracy demonstrators - into its 2008 Olympic bid as the venue for beach volleyball.
MEDIA CONTENT TO OPEN ASIAN OFFICE
AIM-listed sports media advisory firm Media Content is to open a new office in Hong Kong.
SPORTSWORLD ACQUIRES ACTION SPORTS AGENCY
Sportsworld Media Group, the sports TV production, sponsorship and event marketing company, has acquired Infinite Management Solutions Ltd. (IMS) for A$850,000 ($442,000 ), of which A$450,000 ($234,000) will be paid in Sportsworld shares.
TALKSPORT MAKES FESTIVE MOVE INTO E-COMMERCE
UK commercial radio station talkSPORT has made moved into the online merchandise market with an internet Christmas gift store.
IOC UNVEILS ?SPORT AND NEW MEDIA? CONFERENCE SPEAKERS
The IOC has announced a roster of over 40 industry leaders from sport and new media to speak at ?The IOC World Conference on Sport and New Media? taking place in Lausanne, Switzerland, December 4 and 5.
CHANNEL 4 LEADS RACE FOR BRITISH HORSE-RACING
Channel 4 has made a joint submission with BSkyB and Arena for the rights to televise British horseracing. The bid is worth a projected #750m over 10 years.
EIGHT ITALIAN PLAYERS FOUND GUILTY OF MATCH-FIXING
The Italian Football Federation (FIGC) has reported finding eight first and second division soccer players guilty of match-fixing.
NBA TO LAUNCH NEW INTERACTIVE SHOW
The NBA is set to launch a new interactive talk show ? set to be streamed live on to its web site.
?ESPN FOX SPORTS NETWORK? CREATED FOR BRAZIL
ESPN Inc., Globosat Programmadora Ltda., and Fox Sports International have reached an agreement to create a new 24-hour total sports network serving Brazil.
FT WRITER GETS TOP MANCHESTER UNITED PR POST
Sport Business columnist Patrick Harverson has been appointed as the new director of communications of Manchester United.
WORLD TITLE TO BOOST SCHUMACHER?S INCOME BY $13.3 MILLION
Michael Schumacher's third Formula One title, secured last weekend at the Japanese Grand Prix, should add around 30 million German marks ($13.37 million) to the driver's already huge yearly income.
3COM PARK PROVIDES WIRELESS INTERNET SERVICE
3Com, which has just renewed its naming rights to the former Candlestick Park through next season, has set up about 50 transmitters in the stadium offering fans wireless internet access.
ORAD WINS EMMY FOR VIRTUAL TOOLS
Virtual technology company Orad Hi-Tec Systems has been recognised with an Emmy Award by the Academy of Television Arts & Sciences.
RAI, RCS LAUNCH SPORTS CONTENT JOINT VENTURE.
Italian public broadcaster RAI and publisher RCS Editori have launched Sport Set, a television and multimedia sports services joint venture.
NASCAR STORES PUT UP FOR SALE
Cable giant Viacom wants to sell off its racing-themed Nascar Thunder retail chain -and if a buyer isn?t found Viacom will close the 12 retail outlets.