MUMBAI: US broadcaster Bounce TV which targets African-American audiences has completed its first year on-the-air. Bounce TV says that it is already seen in 80 per cent of African American homes, 17 of the top 20 African American markets and over 60 per cent of the US television households.

 Martin Luther King III, a member of Bounce TV?s board of directors said, "I am very proud of our network and the amazing growth it has enjoyed. Bounce TV?s rapid expansion validates the need for free programming for our under-served community".

 Bounce TV has made a few announcements including:

• Its first motion picture licensing agreement with Lionsgate that will bring a package of African American-skewing Lionsgate movies to the network. Among the titles are ?Monster?s Ball?; ?Boat Trip? and ?Murder of Crows?.
• A sports rights renewal agreement to televise both football and basketball games from the nation?s largest African American athletic conference, the Central Intercollegiate Athletic Association (CIAA)
• The network is in the final stages of discussions with Nielsen and anticipates having national Nielsen ratings in the fourth quarter of this year.
• Toyota and Nissan have renewed sponsorship agreements while General Motors and Chrysler will become sponsors for year two.

MUMBAI: IMG Worldwide, the global sports, fashion and media company, has signed an exclusive agreement with F1 driver Heikki Kovalainen to manage and represent his commercial interests.

Kovalainen, 30, from Finland, is entering his third season racing for Caterham F1 Team, formerly Team Lotus, having previously raced for McLaren and Renault.

IMG will provide full client management services, including contractual negotiation, partnerships, legal services, PR and marketing expertise. He will be looked after and accompanied at F1 races by Martin Anayi, who also manages the interests of former three time F1 champion Sir Jackie Stewart.

The move strengthens IMG?s top level driver management stable where Kovalainen also joins Danica Patrick, the only woman to win in the IndyCar Series, and who now competes in the Nascar Nationwide Series in the US.

Martin Anayi, who is a senior executive in IMG Motorsport, said, "We are delighted to have been appointed to represent Heikki. He is a very talented and marketable driver who has competed at the top level since 2007. We are looking forward to assisting and supporting him to achieve further success both on and off the track."

Kovalainen was supported by the Renault Driver Development programme early in his racing career, during which he won the World Series by Nissan Championship and finished runner-up in the GP2 series. Renault signed him on as a full-time F1 test driver for 2006 and then promoted him to race for them the following year.

He gained his first podium by finishing second in the Japanese Grand Prix in 2007. He then moved to McLaren for two seasons during which he claimed his first victory at the Hungaroring. In 2010 he moved to Lotus Racing, the team who competed under the Team Lotus name in 2011 and are now Caterham F1 Team for 2012 and beyond, where he has worked his way to become a respected leader for the team.