Star retains BCCI Media rights in a record ₹6138 cr deal

Star retains BCCI Media rights in a record ₹6138 cr deal

The rights covers at least 102 matches by the men's team, women's internationals and domestic fixtures like Ranji Trophy and Irani Cup. On Wednesday, the top bid was Rs 6061.05 crores.

In the e-auction of television and digital rights, Star won the battle for a period from 2018 to 2023. The highest bid touched Rs 6032.5 crore at the end of the day.

Last year, Star India beat previous rights holder Sony by paying a record-breaking $2.55 billion for 10-year rights to the popular Indian Premier League cricket property, which kicks off this weekend.

It also showed that India games remain undisputed as the BCCI will fetch even more than the IPL matches (which is Rs 55 crore approximately at Rs 16,347.50 crore for 300 matches in the five-year cycle). We are focussing more on consolidated rights.

Philippines' Boracay tourist island closed for 6 months
Many businesses on the island have been releasing wastewater directly into the sea, violating rules on wastewater management, according to Environment Secretary Roy Cimatu.

Uday Shankar, Chairman, Star India and President, 21st Century Fox Asia, has a passion for sport, indeed, but when it comes to cricket, he has shown the inclination to give it a long shot. "It took time to understand but it was a very scientific and transparent process".

In this five-season cycle, India are scheduled to play 102 global matches across formats (subject to FTP clearance by the ICC). Disney, who owns Marvel, Lucas Films and other important entertainment franchises will now add the entirety of Indian cricket to its collection.

During 2018-2023, the BCCI will host a total of 102 matches in accordance with the ICC's Future Tours Programme: 22 Tests, 45 ODIs and 35 T20s.

"The bidding mark has reached 60.32 billion rupees and it will certainly be a landmark deal", a senior Board of Control for Cricket in India (BCCI) official told AFP on condition of anonymity. Moreover, they also hold the rights for the games played in New Zealand and the Indian team are scheduled to play there in January-February 2019. The e-auction was contested between the likes of Sony, Reliance Jio, Google and Facebook who were all engaged in an intense tussle to own the rights.

Related Articles