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03/27/15
Channels Set High Rates For India-Australia Match

TV channels bet big "with higher spot rates for the India-Australia World Cup clash," according to Vijayakumar & Subbu of THE HINDU. Brands paid up to Rs 25 lakh ($40,000) for a 10-second advertisement slot on TV "to be associated with the country’s favourite sport." The spot rates that br ...

Tags: Media, India

03/26/15
ChemChina To Buy Into Pirelli For $7.7B

China National Chemical Corp. is to buy into Pirelli, the world's fifth-largest tire maker, in a €7.1B ($7.7B) deal that "will put the 143-year-old Italian company in Chinese hands," according to Arosio & Masoni of REUTERS. The deal "is the latest in a series of takeovers in Italy by cash-r ...

Tags: Finance, Europe, China

03/26/15
Hornets To Play Clippers In China

The NBA Hornets will play its first games in China this fall, as the NBA announced that the team will play the Clippers as part of the league’s Global Games China schedule. The two teams will play in Shenzhen on Oct. 11 at the Shenzhen Universiade Sports Center and on Oct. 14 at the Mercedes-B ...

Tags: Events and Attractions, China

03/26/15
Nomura Joins Tokyo 2020 Sponsors

Nomura Holdings, Inc. "will support the 2020 Tokyo Olympics as the only securities firm among top-tier domestic sponsors," according to Takahiko Hyuga of BLOOMBERG. Japan’s biggest brokerage said that the role as a so-called gold partner "allows Nomura to market its support for the summer and ...

Tags: Marketing and Sponsorship, Japan

03/25/15
IOC Evaluators Visit Beijing 2022 Bid Sites

IOC evaluators "began a five-day inspection tour of Beijing's bid for the 2022 Winter Olympics on Tuesday as Chinese organizers fired back at critics of the government's human rights record," according to Christopher Bodeen of the AP. The IOC inspection "is a key test of Beijing's status as a front- ...

Tags: Olympics, China

03/25/15
Female Pundits To Commentate In IPL

The procession of Australians to the Indian Premier League "has been given a twist for the upcoming season, with former Southern Stars players Lisa Sthalekar and Mel Jones hired as TV commentators for the world's biggest Twenty20 competition," according to Jesse Hogan of THE AGE. Jones "has been a m ...

Tags: Media, Australia, India

03/23/15
China Looks For Share In Winter Sports

China's real estate companies are looking forward to having a slice of a "booming winter sports market that followed Beijing's joint bid with neighboring Zhangjiakou for the 2022 Winter Olympic Games," according to XINHUA. The past decade saw China's winter sports market "attract enormous investment ...

Tags: Finance, China, Asia

03/23/15
Winter Games A Spur To Fight Smog

A senior official said that Beijing's bid to host the 2022 Winter Olympics "will spur the city in its fight against a serious air pollution," putting an overall figure of $7.6B on efforts to tackle the issue, according to Ben Blanchard of REUTERS. Beijing 2022 Olympic Winter Games Bid Committee spok ...

Tags: Olympics, Asia, China

03/23/15
WTF To Launch Pro Taekwondo League

In the near future, viewers "may be able to enjoy watching professional taekwondo practitioners' fierce battles on television," according to Nam Hyun-woo of the KOREA TIMES. World Taekwondo Federation President Choue Chung-won said that the governing body "is seeking to launch an international pro-t ...

Tags: Leagues and Governing Bodies, Asia

03/23/15
J.League Revenue Climbs In '14

Revenue at the J.League organization grew 6% to 12.3B yen ($101.5M) last season, thanks to higher income from broadcasting, merchandise and expansion to a third division, with stronger growth on the cards for this year. Merchandising income jumped 14%, largely due to a number of big clubs vying for ...

Tags: Finance, Japan

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