IPL MEDIA RIGHT
Ness Wadia backs Juhi Chawla's proposal to start IPL in January, says cricket calendar must allow change
Ness Wadia agrees with Juhi Chawla's suggestion of starting the IPL in January, stressing that it is reliant on the cricketing schedule worldwide. He believes that an earlier start could ease challenges posed by heat and rain in typical months. While he appreciates the idea, he cautioned against adding more teams at this point. Wadia emphasized the IPL's potential for growth, noting its relative youth among international leagues.
Shah Rukh Khan's Rs 10,000 crore business empire: How the actor makes money beyond films
Shah Rukh Khan Net Worth on Birthday: Shah Rukh Khan's, also known as King Khan, turns 61 on his birthday today Novermber 2. Shah Rukh Khan's wealth extends beyond Bollywood. From Red Chillies Entertainment and Kolkata Knight Riders to brand endorsements, international cricket and investments, here's how the actor has built his business empire.
IPL teams score big in the global valuation game
The Indian Premier League's 10 franchises are valued at an average of $1.7 billion each, with a revenue multiple of 22.9 times, the highest among major global sports leagues, according to Sportico. Mumbai Indians lead the rankings at $2.1 billion, followed by Royal Challengers Bengaluru at $1.85 billion. The valuations reflect the league's strong central revenue pool, lucrative media rights and growing investor interest.
Anirudh Ravichander-Kavya Maran wedding: Did a tarot reader predict music composer’s future wife 10 years ago?
Recently, a captivating tarot reading predicting Anirudh Ravichander's future wife's profile has resurfaced on social media. This intriguing reading hints at her educational and professional journey. Amid rumors of their wedding plans, including a reception invitation and a possible ceremony in Greece, discussions about their relationship have been ongoing since 2025, although Anirudh has previously quashed marriage speculation.
'Investors must have a long-term view to unlock India's sports market potential': JioStar VC Uday Shankar
Uday Shankar highlights that India's sports industry presents substantial long-term investment opportunities, particularly in cricket and others. He urges potential investors to adopt a longer timeframe beyond five years for returns. Shankar also notes that while cricket remains dominant, other sports are gaining significant audiences as well. The challenges include rising media-rights costs and competition with technology platforms. Furthermore, simplifying cricket formats could enhance viewer enjoyment and excitement over time.
Beyond cricket! Investors game for sports’ next big bet
Investors in India's sports industry are diversifying their focus beyond cricket to include women's sports and emerging leagues. Companies like Capri Sports and JKC Sports are betting on developing sustainable sporting properties outside cricket. Streaming is also changing the landscape by allowing sports to engage audiences without traditional television dependence. As interest in women's sports grows, corporate investment is expected to rise in various disciplines.
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BCCI inks Rs 150 crore deal with Muthoot FinCorp for title sponsorship of Team India matches
BCCI has finalized a title sponsorship agreement with Muthoot FinCorp for international cricket matches through March 2028. The per-match payout of Rs 4.3 crore is slightly lower than BCCI's desired Rs 4.85 crore. Previous sponsor IDFC First paid Rs 4.2 crore per match over a larger cycle. Other sponsorship deals involving Campa, SBI Life, and ChatGPT have also been secured.
Pakistan Super League may move to January in 2027 to avoid clash with IPL
The Pakistan Super League is considering a shift to January-February next year. Media rights holders have reported limited advertising revenue during the traditional April-May timeframe. This change seeks to prevent conflicts with the Indian Premier League, as franchise owners have noted waning interest in the league. Discussions by the Governing Council included the introduction of esports and the possibility of a mid-year tournament.
IPL media rights value may hit $50 billion in 20 years, league's chairman says
IPL Chairman Arun Dhumal forecasts the league's media rights value to potentially hit $50 billion in 20 years, citing its growth and global appeal. Highlighting cricket's inclusion in the Olympics and the Women's Premier League, he remains optimistic about its future, expecting continued success based on its remarkable 15-year trajectory.
Future success of IPL media rights will depend on how they are packaged and segmented: Rajasthan Royals owner Manoj Badale
Manoj Badale, founder of Emerging Media and one of the early supporters of the Indian Premier League (IPL), believes that the BCCI and franchises need to enhance the fan experience to grow the league. He suggests that the BCCI should segment and package the IPL media rights, similar to American sports leagues, to maximize their value. Badale also highlights the growing interest in IPL among investors and the need to adapt to changing media consumption habits.
Amazon, Google wooed by India for $750 million cricket rights
BCCI is trying to lure global giants Amazon.com Inc. and Alphabet Inc. to bid in a media rights auction of its team’s games amid waning interest from firms who had recently competed fiercely for the wildly successful Indian Premier League. The sale process is running two weeks behind a timeline suggested by its adviser, Ernst & Young, under which auctions would have been completed by August end.
Putting IPL media rights sale numbers in perspective: Four key takeaways
Two things stand out in this year’s auction. One, the transparency of the whole process. No bidder has complained about anything unfair. Two, the e-auction was being followed globally, which showed how important the event has become as a property in the global pantheon of sports leagues.
IPL: DisneyStar bags India TV rights, Viacom18 gets digital
The auction for package C-non-exclusive India digital rights (18 matches)-started Monday evening and will resume Tuesday at 11 am. On Monday night, the last bid for package C was for Rs 18.75 crore per match, as against the base price of Rs 16 crore, ensuring at least Rs 1,837.50 crore.
IPL media rights sold for Rs 48,390 crore for a 5-year period: BCCI Secretary Jay Shah
Disney Star India won India TV rights with their bid of Rs 23,575 crores while Viacom18 bagged digital rights with its winning bid of Rs 23,758 cr. In total, BCCI got INR 48,390 cr value for IPL media rights through the three day auction that started this Sunday.
Industry experts divided over IPL media rights
The BCCI on Tuesday announced fetching of a whopping Rs 48,390 crore (USD 6.20 billion) through IPL media rights for five years, starting 2023. While Disney Star retained their Indian sub-continent TV rights by paying Rs 23,575 crore (Rs 57.5 crore/game), the most sought-after India digital rights deal was acquired for Rs 20,500 crore by the Reliance-backed Viacom18, which also won the non-exclusive Package C by paying Rs 2,991 crore more.
IPL TV and digital rights sold for Rs 44,075 crore; Reliance-backed Viacom 18 among winners
The TV rights have gone for Rs 57.5 crore per match while for digital the rights have been sold for Rs 48 crore per match.
IPL media rights: Bidders may not hit it out of the park
While some reports said the winning bids could hit the Rs 60,000-65,000 crore mark, experts polled by ET put them closer to Rs 48,000-50,000 crore for the 2023-27 rights cycle.
IPL media rights: At Rs 104 crore, IPL overtakes EPL in per match value
By the time the first day of e-auction for 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.
We have ensured that smaller players can also be part of IPL media rights bidding process: BCCI treasurer Arun Dhumal
The BCCI has set a combined base price of approximately Rs 33,000 crore for the media rights for 2023-2027, the double of what Star India paid for the existing rights.
BCCI invites tender for IPL media rights
Announcing the release of the ITT, Jay Shah, secretary, BCCI, tweeted, "I'm pleased to announce that @BCCI has issued the tender document for @IPL media rights for seasons 2023-27. With 2 new teams, more matches, more engagement, more venues, we are looking to take #TataIPL to newer and greater heights." He also wrote that the BCCI will be conducting an e-auction for the first time for the IPL media rights.
BCCI set for windfall at IPL media rights auction
As the Board of Control for Cricket in India (BCCI) is busy finalising the tender document - expected to be issued shortly - for the auction of its biggest cash cow, sports marketing experts, as well as some of the potential bidders, estimate the value of the rights will likely be more than three times what it was the last time.
Rs 54.5 crore per match is not insane, look at it in right context: Star India CEO Uday Shankar
Out of 24 interested parties that picked up the tender document for the media rights of the Indian Premier League, 14 had submitted bids.
We are expecting historic numbers from IPL media rights: Rahul Johri
The rights on offer are Indian sub-continental TV rights, which is the most coveted along with emerging Indian sub- continent digital rights.
Sony Pictures, Discovery to bid for IPL media rights
The last date for buying the bid documents is August 24 and the bidding process will close on August 28. The results will be announced on the same day.
Plea in Supreme Court seeking e-auctioning of IPL media rights
Subramanian Swamy also said that the amount involved in the award of IPL media rights is to the tune of Rs 30,000 crore and the issue should not be decided in an opaque manner.
The IPL media rights conundrum
Lodha Committee has asked details on contract value of each of the individual contracts; term of each of the proposed contracts; existing norms or guidelines.
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