Pac-12 accelerates negotiations for media rights deals in wake of UCLA, USC exits
SAN FRANCISCO — The Pac-12 is pushing up negotiations for its next media rights agreements in the wake of the decision by UCLA and USC to leave for the Big Ten.
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"It's About Business And Not Cricket": Former Pakistan Captain On IPL Media Rights
The Indian Premier League (IPL) media rights for the 2023-27 cycle created a lot of hype recently as it was sold for over Rs 48,000 crore. At the IPL media rights e-auction Disney Star retained the TV telecast rights with a bid price of Rs 23,575 crore. Reliance's Viacom18, won the rights for package C with a Rs 3,258 crore winning bid. As a result of this, Viacom, who also won the rights for Package B with a pay out of Rs 20,500 crore (Rs 50 crore per match for 410 matches), ended up paying Rs 23,758 crore for the entire bouquet of digital rights. The Package D, which included rights for the Rest of the world, was won for a bid of Rs 1058 crore.
Value Of IPL Media Rights Will Double Again In Next Cycle: Lalit Modi To NDTV
Days after the BCCI bagged a whopping amount of over Rs 48,000 crore for the Indian Premier League (IPL) media rights for the 2023-27 cycle, former IPL chairman Lalit Modi, in an exclusive interview to NDTV, said the IPL will become the No. 1 sports league in the world. The former chairman of the franchise cricket league added that he believes that IPL media rights valuation will double again in the next cycle.
ICC Media Rights: Global body offers 3 packages for 711 games
The packages include multiple women's U-19 T20 World Cups Unlike BCCI which held an e-auction across three days to rake up a record USD 6.2 billion (Rs 48,390 crore) from its IPL media Rights, the ICC will be following the conventional sealed bid process with separate bids for both men and women matches. The ICC has also kept the process much more linear than the BCCI with three specific packages for both men and women.
ICC Media Rights to come out soon; Broadcasters have lot of questions but few answers
BCCI has raised the bar for transparency by hosting the sale of Indian Premier League (IPL) media rights through an e-auction process, the International Cricket Council (ICC) is asking broadcasters to submit a closed bid when the global governing body's rights tender comes up for sale very soon. The chatter around IPL media rights selling for a boggling Rs 44,390 crore hasn't slowed down yet and it is time already for another big-ticket 'cricket rights tender' to hit the market. In less than 10 days from now, the ICC will come out with its own tender for global rights.
It's a deal! - Everything you need to know about final IPL media rights figures
media rights auction is now officially over. The winner of the various bids have been announced for the next 5 year cycle - 2023 to 2027.
IPL media rights sealed at Rs 48,390 crore: Disney-Star get TV, Viacom digital; Times Internet gets overseas rights
Walt Disney Co., Viacom18-led JV and Times Internet have turned out to be the big winners in the Indian Premier League (IPL) media rights e-auction for the 2023-27 cycle that concluded over a period of three days on Tuesday evening. By the time the e-auction was done, the BCCI - parent body that runs the IPL - was laughing its way to the bank, having pocketed a handsome Rs 48,390 crore across the four buckets sold. IPL MEDIA RIGHTS AUCTION: AS IT HAPPENEDDisney and Viacom had won Packages A and B - TV and digital in India - on the morning of Day Two of the auction for Rs 44,075 crore with Disney bidding at Rs 57.5 crore per game (total of Rs 23,575) for TV and Viacom bidding Rs 50 crore per game (total of Rs 20,500 crore) for digital. Later, between Day Two and Three, Viacom grabbed Package C - the set of 98 non-exclusive matches on digital across five years - at Rs 33.24 crore per match (total of Rs 3,258). Disney, along with the Zee Group, began bidding heavily for Package C on Day Three, taking the price up from a base price of Rs 16 crore per game but Viacom had "made up its mind" to as much premium it would take and retain the package. Exclusivity, say those in the know, remained everything between Packages B & C.
IPL media rights: Jay Shah praises drafting of tender document
IPL media rights, BCCI secretary Jay Shah said it is the drafting of the tender document that paved the way for the show. "The tender drafted by the BCCI for this process was an excellent one. It allowed optimum price discovery and the eventual figure is a telling note on what the property (IPL) is all about," Shah told TOI.