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It has been a big pay day for the Board of Control for Cricket in India (BCCI) as the lucrative media rights for the Indian Premier League has raked in the expected billions for the cricket board. After the fate of the all important packages A (TV rights) and B (Digital rights) were decided on Monday, broadcasters slugged it out for package C, which has a select non-exclusive rights deal.
Indian tycoon Mukesh Ambani has seen off competition from global media giants to bag the rights to stream the IPL for 2.6 billion dollars, a source at India's cricket board told AFP on Tuesday. Star India meanwhile, owned by US behemoth Disney, retained the television rights for the next five seasons of the Indian Premier League, one of the world's most-watched sporting events, media reports said. Together the two deals are reportedly worth about $5.65 billion, dwarfing the $2.55 billion that Star paid in 2017 for digital and TV rights for the previous five seasons of the annual two-month T20 contest.
The media rights for the lucrative Indian Premier League (IPL) for the next five-year cycle from 2023 to 2027 is currently being hotly contested by some of the country's top sports broadcasters. According to sources, the Package A and B of the right, which includes TV and Digital, has been sold for a humungous amount of Rs 43,050 crore. This puts the valuation of each IPL match, at a cost of above Rs 100 crore, something that is unheard of in Indian sports.
The media rights e-auction for the Indian Premier League for the 2023 to 2027 cycle began on Sunday with sources saying that the combined bid for TV and digital right has gone past the Rs 40,000 crore-mark. There are four specific packages in which e-auction are being conducted for 74 games per season for a five-year period from 2023-2027 with a provision of increasing the number of matches to 94 in the final two years. The process has been divided into a total of four packages (A, B, C and D). The package A is exclusive for TV for the Indian subcontinent while package B is for digital only grouping for the same region.
The highly-awaited media rights auction for the Indian Premier League is likely to see four bidders including Viacom18, Disney Star, Zee and Sony. The successful bidders will have the rights to broadcast the matches. The e-auction for the media rights from 2023 to 2027 will be held on June 12. "Four firms have been shortlisted for bidding as they filed their final bids and soon we will reveal the name of winner. The four shortlisted are Viacom 18, Disney Star, Sony and Zee," a source told ANI.
Online retailer Amazon has pulled out of the bidding race for the Indian Premier League media rights for 2023-2027 cycle, sources told NDTV on Friday. Amazon's pull out means the likes of Mukesh Ambani's Reliance, Disney and Sony Group among others are in the box seat to win the rights to broadcast the cash-rich league.
India opening batter Shikhar Dhawan might have been overlooked for the upcoming T20I series against South Africa but that has not dimmed his spirits. Known for his jovial nature, Dhawan posted a video on his Instagram handle recently of him riding a horse. Dhawan can be seen wearing a "Cowboy Hat"as he rides the horse. From the looks of it, it seems that Dhawan is quite a regular at horse riding as he looked completely at ease.
Australia all-rounder Mitchell Marsh had a memorable Indian Premier League (IPL) 2022 campaign with Delhi Capitals, even as the franchise failed to make the play-offs. Marsh scored 251 runs from 8 matches, with two half-centuries and was one of DC's better players in the season. In recent seasons, Marsh has struggled with injuries whenever he has played in the IPL, and this year too, he came in to the tournament nursing an injury and after finally playing a match, he contracted COVID-19.