24 Sep 2017
Live Post
India-focused OTT production entity Golden Karavan launched
Woman alleges gang rape by two men in SUV
Film producer Karim Morani surrenders in rape case
Ryan school murder case: CBI team reaches school, starts probe
Karti closed many foreign accounts, shifted money: CBI
Pakistan shells border posts, hamlets in J&K; BSF jawans among 7 injured
Sushma Swaraj raises issue of terrorism, H1-B with US Secretary of State
Tags : bcci

Lachlan Murdoch confident of achieving $1 bn EBITDA target in India despite costly IPL bid

21st Century Fox executive chairman Lachlan Murdoch has said that the company’s India unit will hit the $1 bn EBITDA target by calendar year 2020 despite the expensive bid for the IPL media rights.

Spotting a few trends from IPL media rights auction

After Star’s record bid of Rs 16,347.5o cr, ad rates for IPL could see a surge. Viewers may have to pay more. Digital value will see a boost.

Sun TV to gain from Star’s record bid of Rs 16,347.5 cr for IPL media rights

With Star bagging the 5-year IPL media rights for a whopping Rs 16,347.5 cr, Sun TV Network will stand to gain materially as it owns Sunrisers Hyderabad IPL team. BCCI shares revenues from media rights with the franchises.

Star India wins IPL media rights for Rs 16,347.5 cr

Star has won the IPL media rights with a consolidated bid of Rs 16,347.5 crore. The broadcaster will thus get the 5-year TV and digital rights for India and the rest of the world.

SC rejects Swamy’s plea for e-auction of IPL media rights

BCCI can go ahead with its existing method of granting media rights for the IPL through a bidding process, as the Supreme Court has dismissed BJP MP Subramanian Swamy’s plea to direct the BCCI to award media rights through e-auction.

IPL media rights likely to get deferred as SC asks CoA to file affidavit clarifying stand on bidding process

The IPL media rights auction process is likely to get deferred as the SC has directed the CoA to clarify its stand on the bidding process for the IPL media rights.

IPL TV rights could go for $1.8 bn, digital rights for $210 mn: Duff & Phelps

IPL TV rights for IPL could fetch BCCI $1.8 bn, according to an estimate by Duff & Phelps. The internet and mobile rights could go for $210 mn.

Jawahar Goel complains to I&B minister, CCI against Star’s cricket monopoly

In a letter to I&B minister Smriti Irani, CCI and BCCI, Dish TV CMD Jawahar Goel has hit out at Star India for trying to create a monopoly in sports broadcasting that is set to hurt not only distribution platforms such as DTH and cable TV but also consumers. He wants Star to be kept out of the IPL rights as it will lead to an absolute monopoly in cricket broadcasting.

How should IPL media rights be decided

Several potential bidders of the upcoming IPL media rights prefer e-auction to determine the winners while BCCI officials feel that the current system of traditional sealed tender would enable the cricket board to earn maximum revenue.

SC seeks BCCI response on why e-auction not to decide fate of IPL media rights

SC seeks BCCI response on why IPL media rights should not be e-auctioned to bring out the best price and transparency in the bidding process.