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Star India - IPL Media Rights: At Rs 104 crore, IPL overtakes EPL in per match value - timesofindia.indiatimes.com - Britain - Usa - India

IPL Media Rights: At Rs 104 crore, IPL overtakes EPL in per match value

IPL's media rights for the next five-year cycle (2023-27) concluded on Sunday, it was clear BCCI was in for one of the biggest media rights bonanzas in the world of sports. The day saw the cricket board pocket Rs 43,050 crore (around $5. 5 billion)-a Rs 26,050-crore ($3. 3 billion) hike from the previous rights cycle-taking IPL's per match value at over Rs 104 crore ($13. 4 million) past English Premier League's corresponding figure of $11 million. Thus, IPL is now only the second after the US's NFL ($17 million) in terms of per match value; it is already ahead of other top leagues in the world like NBA and MLB. Day Two of the e-auction is set to throw up bigger numbers. 'Insane bidding' gives IPL more financial muscleThe much-anticipated bidding for the rights began at 11 am on Sunday with four of the seven bidders in the fray - the Viacom-led JV, Disney+Hotstar, Culver Max Entertainment (earlier, Sony Pictures) and the Zee Group - jumping into the process right away for Packages A & B. Package A is for India's television rights alone, with the base price set at Rs 49 crore. Package B is for India's digital rights with the base price set at Rs 33 crore.

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IPL Media Rights Auction: IPL per match value crosses Rs 100 crore mark on Day 1, Digital Rights rule the roost - timesofindia.indiatimes.com - India

IPL Media Rights Auction: IPL per match value crosses Rs 100 crore mark on Day 1, Digital Rights rule the roost

Indian Premier League's media rights auction witnessed a robust bidding for TV and Digital rights of the Indian sub-continent with the valuation of per match of the cash-rich league being earmarked at more than a whopping Rs 100 crore. With the bidding going into the second day, the cumulative valuation of the media rights could well touch a staggering Rs 50,000 crore mark, which will be one of the biggest in terms of global rights across any sport. Four out of the seven players in the fray --- Viacom18, Disney-Star, Sony and Zee were involved in a near seven hour slugfest that remained inconclusive with Package A (India TV Rights) and Package B (India Digital Rights) cumulatively fetching upwards of 42,000 crore ($5.37 billion approximately) and still counting.

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IPL Media Rights: IPL per match value crosses Rs 100 crore mark on Day 1, Digital Rights rule the roost - timesofindia.indiatimes.com - India

IPL Media Rights: IPL per match value crosses Rs 100 crore mark on Day 1, Digital Rights rule the roost

Indian Premier League's media rights auction witnessed a robust bidding for TV and Digital rights of the Indian sub-continent with the valuation of per match of the cash-rich league being earmarked at more than a whopping Rs 100 crore. With the bidding going into the second day, the cumulative valuation of the media rights could well touch a staggering Rs 50,000 crore mark, which will be one of the biggest in terms of global rights across any sport. Four out of the seven players in the fray --- Viacom18, Disney-Star, Sony and Zee were involved in a near seven hour slugfest that remained inconclusive with Package A (India TV Rights) and Package B (India Digital Rights) cumulatively fetching upwards of 42,000 crore ($5.37 billion approximately) and still counting.

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Star India - Indian cricket media rights bidding war spills over to Monday - channelnewsasia.com - India - Ahmedabad - Mumbai - New Delhi

Indian cricket media rights bidding war spills over to Monday

MUMBAI/NEW DELHI :The bidding war for media rights to the Indian Premier League (IPL) will continue on Monday with Disney, Sony and India's Reliance in contention for what could fetch the Indian cricket board up to $6 billion.

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Star India - Bidding for IPL media rights goes past Rs 42,000 crore - timesofindia.indiatimes.com - India

Bidding for IPL media rights goes past Rs 42,000 crore

IPL media rights value for the 2023-2027 cycle has gone past Rs 42,000 crore and is expected to go even higher as per sources in BCCI. This is nearly three times more than what Star India paid in the year 2017. The details of who bid what are yet to come but the value for per match TV, and digital rights value have surpassed Rs 100 crore mark. The process has been divided into a total of four packages (A, B, C and D). Package A is exclusive for TV (broadcast) for the Indian subcontinent while package B is for digital-only grouping for the same region.

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Star India - Combined Bid For IPL TV And Digital Rights Goes Past Rs 40,000 Crore: Sources - sports.ndtv.com - India

Combined Bid For IPL TV And Digital Rights Goes Past Rs 40,000 Crore: Sources

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.

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Seven firms in the race for Indian Premier League TV rights - timesofindia.indiatimes.com - India - Mumbai

Seven firms in the race for Indian Premier League TV rights

BCCI last raised the stakes in the IPL, selling its media broadcast rights across television and digital for India and the rest of the world in excess of Rs 16,347 cr, they’re back to the auction table toup the game. Moving away from the long-held practice to call for closed bids, BCCI has opted for an e-auction for the first time ever. The e-auction began at 11am on Sunday. A total of 12 companies had picked up the Invitation To Tender (ITT) less than two months ago and seven – Viacom-led JV, Disney+Hotstar, Culver Max Entertainment earlier, Sony Pictures), Zee Group, Supersport, Times Internet and Fun Asia – have decided to come to the bidding table. These potential bidders submitted their technical bids in Mumbai on Friday and have been cleared to log-in on Sunday morning when the e-auction begins. E-commerce and digital streaming giants Amazon were also among the 12 companies to pick the ITT but, despite speculation that they would bid heavily for digital rights, have decided to stay away.

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IPL Media Rights E-Auction For 2023-27 Cycle Begins - sports.ndtv.com - India

IPL Media Rights E-Auction For 2023-27 Cycle Begins

The e-auction for the media rights for the Indian Premier League (IPL) for the years 2023 to 2027 began on Sunday. There are four specific packages in which e-auction will be conducted or 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.

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