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BCCI to release IPL media rights tender on 21 July
MUMBAI: The Board of Control for Cricket in India (BCCI) has pushed the release of invitation to tender (ITT) document for Indian Premier League (IPL) media rights to 21 July. The earlier date was 17 July.
The last date for seeking clarifications on ITT is 5 August while the last date for purchase is 24 August.
Bids for the five-year media rights cycle will have to be submitted on 28 August. The winners of IPL media rights will also be announced on the same day.
Even as BJP MP Subramanian Swamy had moved the Supreme Court demanding e-auction of IPL media rights, the BCCI has reiterated that the tender process is the best approach to sell the rights, as has been the case till now for all its properties. Chief Justice JS Khehar has said that the matter would be taken up at a later date.
“The IPL Governing Council at its meeting held on 11 July 2017 evaluated the IPL media rights ITT and reconfirmed that the existing BCCI tender process is the best approach, both in terms of absolute transparency and a free and fair price discovery, for the IPL media rights,” said BCCI secretary Amitabh Choudhary.
The BCCI also said that the entities that had purchased the tender documents of the IPL media rights, which was scheduled for 25 October 2016, would be provided with the tender documents of the present IPL media rights on their release without any additional cost/charges.
Earlier, the BCCI under former president Anurag Thakur had begun the process of selling IPL media rights. However, the process got cancelled after the Supreme Court-appointed Lodha Committe, which was formed to reform the BCCI, refused to give it the permission to go ahead with the process.
Thakur was removed as the BCCI president and an SC-appointed committee of administrators headed by Vinod Rai was roped in to look into the day-to-day functioning of the BCCI.
Eighteen companies including Star India, Amazon Seller Services, Followon Interactive Media, Taj TV India, Sony Pictures Networks, Times Internet, Supersport International, Reliance Jio Digital Services, Gulf DTH FZ, GroupM Media India, beIN IP, Econet Media, SKY UK, ESPN Digital Media (India), BTG Legal Services, BT, Twitter and Facebook had bought tenders.
The BCCI had split the IPL media rights into three different packages. The Indian sub-continent TV rights were for 10 years from 2018 to 2027 while the Indian sub-continent digital rights were for five years from 2018 to 2022. The rest of the world (ROW) media rights were for five years from 2018 to 2022.