Latest in Olympics

The Tokyo Olympics will take place between July 23 – August 8 2021, following the postponement of this year’s event due to the coronavirus outbreak. The International Olympic Committee confirmed the news today. This year’s Olympics were due to begin on July 24 and run to August 9. "These new dates give the health…

As Americans shelter in place with many spending most or all of each day at home, three new streaming services are prepping for launch: Quibi, Peacock and HBO Max. They are hitting the market at a stomach-churningly weird time for the world and for the companies – and investors – that own them. As it turns out…

Discovery is the latest big media company to withdraw financial guidance and boost its cash cushion in uncertain times, tapping $500 million of a $2.5 billion revolving credit facility to “maximize flexibility in light of the current uncertainty” surrounding the impact of the coronavirus pandemic on its…

Comcast’s NBCUniversal said it’s working with advertisers on the fate of $1.25 billion in ad sales already committed to the just-postponed Tokyo Summer Olympics. Official sponsorship revenue flowing to International Olympic Committee, which industry experts calculate at around $6 billion but is separately from Comcast…

The Summer Olympics in Tokyo have been postponed due to the coronavirus pandemic. Set to take place from July 24 to August 9, they will be held by next summer, the International Olympics Committee said Tuesday morning. The Olympics have never been rescheduled in peacetime. It’s the last and biggest event to bite the…

UPDATED, 11:06 AM: A veteran member of the International Olympic Committee told USA Today this morning that the 2020 Tokyo Olympic Games are going to be postponed, likely to 2021. Dick Pound told the paper that the details to be worked out during the next month. "On the basis of the information the IOC has…

UPDATE SUNDAY MARCH 22: Various media outlets, citing sources in the Japanese government, indicate that several plans for a postponed Olympics are now under consideration. No details have been provided and no official word from the government has been issued. EARLIER: The chorus to postpone the 2020 Tokyo Olympic…

The traditional Lighting Ceremony of the Olympic Flame in Greece that kicks off the Olympics season will be held Thursday without spectators owing to coronavirus concerns, organizers said Monday. The Hellenic Olympic Committee also urged local communities to “follow the instructions of the Ministry of Health and the…

UPDATED with comments on Olympic advertising: Dan Lovinger, EVP, Ad Sales, NBC Sports Group said the division recently surpassed $1.25 billion in national advertising for the upcoming summer Olympics in Tokyo, which exceeds sales total for Rio in 2016 and has set a new Olympic record. In statement Tuesday afternoon he…

In a potentially seismic event postponement, Japan’s Olympic minister has said that the Tokyo 2020 Games could be moved from the summer until later in the year due to the coronavirus. Speaking in Japan’s parliament, Seiko Hashimoto said Tokyo’s contract with the International Olympic Committee (IOC) “calls for the…

If you are on the Westside of Los Angeles today, you might want to use lunch to start that commute home early, because Donald Trump's whirlwind visit to town today is going to make a. parking lot out of the area very soon. With the former Celebrity Apprentice host expected to touch down at LAX around 3:25 p.m., the LAP…

"With 190 days to go to Tokyo, we can proudly say, let the games begin," declared Mike Tirico today at the Peacock Investors Day in the most streamlined offering from the new additions to the streaming wars so far. The competition was clearly more than the Summer Games of the XXXII Olympiad, if you know what I mean…