Quote of the Day

"Anyone in finance will tell you that they always want more (money) for a project. "
-- Africa Cup of Nations LOC CEO Mvuso Mbebe, on organizers not getting all the money they had expected from the South African government. (SOWETAN LIVE, 11/1)
Friday November 2, 2012 Vol. 1 — No. 103 Print This Issue

Top Stories

  • More Of The Market

    Rupert Murdoch's News Corp. boosted its share of Australia's pay-TV market after shareholders in Consolidated Media Holdings "voted in favor" of a A$2B ($2.1B) takeover offer from News," according to Victoria Thieberger of REUTERS. The deal will "double the stake" of News Corp.'s Australian arm in dominant pay-TV operator Foxtel to 50% and give it 100% of content provider Fox Sports. Citi Analyst Justin Diddams said, "Foxtel and Fox Sports are going to be two cornerstone assets in the News Corp. publishing business after the demerger, and I assume the market will put fairly healthy multiples on those assets."

  • Trading Places

    Swiss National League A has now signed 19 transplanted NHL players.

  • Shared Space

    West Ham says it's willing to share London's Olympic Stadium with NFL.

  • Game On

    BBC's Test Match Special allowed to broadcast from test venues during India-England series.

  • Christmas Cheer

    Pakistan to play cricket series in India beginning Christmas Day.

  • Capital Investment

    The RFU will put $42M into developing rugby ahead of the 2015 World Cup.

  • Olympic Hangover

    The London Games dropped BSkyB's third-quarter ad revenue by 10%.

  • Hitting The Road

    Qatari Emir is working to bring Barça to Gaza.

  • A Hot Ticket

    Tickets for the 2014 Ryder Cup in Scotland are expected to be in high demand.

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