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US telecommunications company Verizon is the leading contender to acquire internet company Yahoo’s online business following the closure of the first round of bidding, according to multiple reports.

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The Fox Sports division of US network Fox is reportedly close to acquiring media rights for the collegiate sports championships of the Big Ten Conference, a deal that would signal the end of sports broadcaster ESPN’s current agreement for the complete rights package.

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US college Arizona State has settled its long-running dispute with the IMG College agency over the multimedia rights contract that previously existed between the two parties.

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The Fox Sports division of US network Fox has agreed a one-season extension to its rights deal with the National Women’s Soccer League, the top division of women’s football in the United States.

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The World Flying Disc Federation has confirmed that US pay-television broadcaster CBS Sports Network will provide coverage of this year’s World Ultimate Championships.

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The CBS network and pay-television broadcaster Turner Broadcasting System have extended rights for the National Collegiate Athletic Association’s Division 1 men’s basketball championship, also known as March Madness.

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Outfront Media Sports, the US marketing and media company that was previously known as CBS Collegiate Sports Properties and operated as part of the CBS network, has extended its multimedia rights deal with the athletics division of Louisiana State University.

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Pay-television broadcaster beIN Sports has acquired rights in the US to domestic motorcycling series MotoAmerica.

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US telecommunications company Verizon plans to submit a takeover bid for internet company Yahoo’s online business next week, according to the Bloomberg news agency.

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Digital services firm Omnigon has been selected by the Rugby International Marketing arm of national governing body USA Rugby to develop its new OTT platform, The Rugby Channel.

New North American Soccer League franchise Miami FC has claimed a first for the football competition by stating it will be the only club to broadcast all its matches internationally.

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Organisers of US golf major the Masters have said the 2016 edition of the tournament will be afforded live virtual reality streaming and 4K coverage.

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The NBC Sports Group division of US media company NBCUniversal has renewed its rights deal with the Association of Volleyball Professionals Pro Beach Volleyball Tour.

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The North American Soccer League has agreed a rights partnership with CBS Sports Network, under which the US pay-television broadcaster will show 12 games live during the upcoming 2016 season.

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Sports production and host broadcasting company HBS has been named a production partner of the 2016 Copa América Centenario national team football tournament, which will be staged this summer in the United States.

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US network NBC has surpassed $1bn (€910m) in advertising sales for its coverage of the 2016 summer Olympic Games in Rio de Janeiro.

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New York Supreme Court Justice Lawrence Marks has ordered Major League Baseball franchises the Baltimore Orioles and Washington Nationals to mediate over a long-running dispute that centres on US regional cable-television broadcaster MASN.

Major League Baseball commissioner Rob Manfred and Los Angeles Mayor Eric Garcetti have called for a resolution to be reached in the carriage dispute that is restricting the broadcast of Los Angeles Dodgers games in the team’s local region.