News
IOC agrees China deal
Chinese state broadcaster CCTV is paying $100 million in the deal, almost seven times what it paid for the 2006 and 2008 Games, held in Beijing.
CCTV was estimated to have generated $394 million in advertising revenue around its Beijing coverage.
US football market booming
Fox, in which Rupert Murdoch owns a 49-per-cent stake, beat long-term incumbent ESPN for the Latin American rights outside Brazil for the Champions League and Europa League from 2009-10 to 2011-12.