Sportsworld Australia, earlier a part of the Sportsworld Media Group, has changed ownership and is now christened Sportsbrand Media Group.
Sportsbrand carries forward the heritage of over 10 years in creation and production of quality sports programming and reflects the growing importance for producers to understand brand communications, says an official release.

The programming portfolio, that is envisaged to increase over the coming months will be driven by the demands of broadcasters and advertisers‘ requirements, it adds.

Says Sportsbrand Media Australasia MD Matthew Pearce, "Our name change does not mean cultural or personnel change. Our team remain committed to service of the highest standard."

Sanjay Dosi has put in his papers as CEO of Balaji Telefilms.
The company that posted a net profit of Rs 290.15 million for FY 2001-02, now has a new CEO in the form of Shobha Kapoor, actor Jeetendra‘s wife, who has so far been operating in the capacity of managing director.

Dosi‘s resignation was accepted at the company‘s board meeting on 24 May, according to reports. The company has informed the Bombay Stock Exchange that Kapoor has taken over as the CEO and that the company is on the lookout for a chief financial officer.

The media firm is riding high on the BSE today with the stock up 4 per cent or Rs 21.75, at Rs 565.25. The stock opened at Rs 568 today, against Friday‘s clsoe of Rs 543.50. The company has registered a massive 666.25 per cent net profit jump over last year‘s figures, and the board has recommended final dividend of 50 per cent.

Beginning 28 May, Bloomberg Television will globally simulcast financial coverage of US, Asian and European markets on a daily show, The Bloomberg World Financial Report.

Marshalling the global resources of Bloomberg News with reporters live in London, Paris, Frankfurt, Tokyo and Hong Kong, The World Financial Report, to be telecast from 9 -11 pm BST (4 - 6 pm NY time, and 5 -7 am Tokyo time), will be on for Indian viewers at 1.30 am. Anchored by Suzy Assaad from Bloomberg‘s headquarters in New York, the daily live show will air simultaneously on Bloomberg Television networks in London, Europe, Asia and Latin America making the programme available to 140 million households worldwide, according to an official release.

Global in focus, Bloomberg‘s World Financial Report will look at the top business and economic stories of the day in the US and their implications on the broader markets. Examining U.S. stock, bond and currency market action, the show will cover market projections for the trading day ahead from Tokyo to London, and will feature ‘The Bloomberg Edge‘, a special report with analysis and data from the Bloomberg terminal.

The World Financial Report is designed to provide in-depth, up to the minute information and analysis of the world markets through live updates from the NYSE, NASDAQ MarketSite, as well as Bloomberg news bureaus in London, Asia, Paris, Frankfurt, Tokyo and Hong Kong and news breaks elsewhere in the world. The show will connect live with Bloomberg reporters in Europe and Asia to cover breaking international news and conduct interviews with leading CEOs, fund managers, money managers and newsmakers. The show will also have a new look with the debut of the all-new set of Bloomberg Television in New York, the release says.

Bloomberg Television managing editor Marty Schenker says the show will also follow the big stories and trends outside the US that are expected to move markets, stocks and industry groups the following day, using 1,500 reporters in 85 bureaus worldwide.