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Golf: US network NBC signed a six-year extension to its deal with the US Golf Association which gives it the live rights for the US Open, one of golf’s four Majors.

Formula 1: Grand Prix Entertainment, a company created by DIC Entertainment and the Wasserman Media Group, acquired Formula 1 rights in the US.

Television rights deals with incumbent partners ABC/ESPN and TNT likely to be the most valuable of the year.

Decision to hand back golf rights allows rival to recover monopoly on top Tour golf and launch golf channel.