Ipl media rights auction 2022

The Board of Control for Cricket in India (BCCI) is all set to decide who will take away the media rights for the Indian Premier League (IPL) in an e-auction, for the first time in history on June 12. In 2017, Star Sports acquired the media rights for the tournament, which is considered to be the biggest sporting festival in India by paying a huge amount of over 16,000 crore rupees, and the media rights for the next five years (2023-27) are expected to fetch a much bigger amount. Having said that, here’s a look at the 10-key things we need to know about the much-anticipated e-auction. First e-auction for media rights in IPL’s history This will be the first time in the history of IPL, since the tournament’s establishment in 2008, that the media rights will be bid in an e-auction. Contrasting to the closed bidding process of 2017, the participants will have to decide whether or not to continue participating after a particular stage during the e-auction. A look at the E-auction schedule The e-auction for the IPL media rights will be held on June 12 in Mumbai. The e-auction is scheduled to begin at 11 AM on Sunday and BCCI has not announced any deadline for the same. This implies that the process may extend into the next few days until all bids have been placed. Access to the bidding tender document The Initial Tender Document was available for purchase by bidders until May 10, for a price of INR 25 lakh. Possible IPL media right bidders Star held the IPL media rights for the ...

New Delhi:The Board of Control for Cricket in India (BCCI) is set to hold the next Indian Premier League (IPL) media rights e-auction on Sunday. The much-awaited e-auction for media rights from 2023 to 2027 will be held for the first time since the establishment of the IPL. BCCI will begin the online bidding for the rights at 11 am IST on Sunday, treasurer Arun Singh Dhumal told Reuters. Results are expected later on Sunday. "IPL is the hottest property in cricket and it has just been expanded to a 10-team tournament, which means there will be more matches," Dhumal said. "All of it should reflect in the value of the new media rights, which we expect to be significantly higher than our previous deal." It is expected to be held for two days -June 12 and 13, reported PTI. However, there is no deadline as the BCCI has left the possibility of the e-auction extending into the next few days. The auction will continue until all bids have been placed. Which companies are in the fray? Viacom18 JV (Joint Venture) with Lupa Systems (Uday Shankar and James Murdoch), Walt Disney (Star), Zee, Sony (both India media and digital rights). Bezos-funded Amazon was expected to be one of the biggest bidders in digital space but pulled out of the race without revealing the reason, reported PTI. ALSO READ: Times Internet, Fan Code, FunAsia, Dream11 (only digital rights). Supersport (South Africa) and Sky Sports (UK) vying for Overseas TV and Digital rights. What is the number of matches per seaso...

Last Updated: 14th June, 2022 07:35 IST IPL Media Rights Auction: Disney Star Gets TV Deal For 23,575 Crore, Viacom18 Bags Digital For Rs 20,500 Crore The BCCI is set to laugh its way to the bank after selling its IPL TV and digital rights for the Indian sub-continent for a combined amount of Rs 44,075 crore, making it one of the richest entities in the sporting world. "Star has retained Indian TV rights of IPL for next five years while Viacom18 has got the digital rights. The combined per match value only from Indian TV and digital rights per game is 107.5 crore. With these bids, monopoly of one broadcaster in IPL ends," a senior BCCI functionary told PTI on the condition of anonymity. As per information received, Package A (Indian sub-continent TV Rights) for 410 IPL matches across five seasons from 2023 to 2027 has been sold for Rs 23,575 crore, which is effectively Rs 57.5 crore per game. However, it is the India sub-continent's digital rights that stole the thunder with Rs 50 crore per game being offered by Viacom18 (with Uday Shankar and James Murdoch's Lupa Systems) after Star as the winner of Package A challenged them. The Package B fetched Rs 20,500 crore and thus cumulatively the BCCI is now richer by Rs 44,075 crore after selling the two packages. When the auctions stopped on the second day, another Rs 2000 crore was bid for Package C, which has a select non-exclusive digital rights deal. The auction, which has moved into the third day, will resume with Package ...

IPL Media Rights E-Auction: Jay Shah Confirms The Winners, Check Here Check the latest updates of the IPL Media Rights E-Auction Day 3 Live: As the e-auction, which began on Sunday moves to its third day on Tuesday, two different broadcasters won the TV (package A) and digital rights (package B) for the Indian subcontinent in the e-auction of the media rights for the Indian Premier League (IPL) cycle 2023 to 2027. IPL Media Rights Auction 2022 Live Updates | New Delhi Two different broadcasters won the TV (package A) and digital rights (package B) for the Indian subcontinent in the e-auction of the media rights for the Indian Premier League (IPL) cycle 2023 to 2027 in the second day of the auction on Monday. As the e-auction, which began on Sunday moves to its third day on Tuesday, one of the biggest highlights was with 410 matches to be broadcasted in the five-year cycle, the total value per match for every IPL game is at INR 107.5 crore. Tuesday might see the bidding of packages C and D being completed and could mean that the names of the winning companies be revealed officially by the Board of Control for Cricket in India (BCCI). According to a report by Cricbuzz, the yet-to-be identified company which has bagged TV rights for INR 57.5 crore per game had challenged the company bidding INR 48 crore per game for digital rights. "But looks like the bids for digital have ended at INR 50 crore per game and it is understood to have been bagged by Jio (Viacom18)," said the rep...

IPL 2022: Media Rights To Be Awarded Through E-Auction, Level Of Interest Is Huge - Jay Shah Close Search for: Search • Open dropdown menu • • • • • • • • Open dropdown menu • • • • • • • Open dropdown menu • • • • • • • • • • • • • Open dropdown menu • • • • • • • • • • • • Facebook • Twitter • Instagram • Youtube Close • Click to share on Facebook (Opens in new window) • Click to share on Twitter (Opens in new window) • Click to share on WhatsApp (Opens in new window) • Click to share on Telegram (Opens in new window) • Click to share on LinkedIn (Opens in new window) • Click to email a link to a friend (Opens in new window) • Tata IPL Trophy. (Photo: BCCI) “ That is one of the reasons why the media rights will be awarded through an e-auction. You can gauge the popularity of the league and the confidence of the investors from the interest it generated and the valuation that the two teams attracted,” Shah told TOI. “The revenue generated from the IPL goes back into the game”– Jay Shah Shah further mentioned that the money generated from the “ The level of interest in securing this property is huge. We had deliberations and analysed different ways to conduct the tender process. We were very clear that the process we shortlist should fetch the league the right value it deserves while the process must remain transparent throughout. The e-auction will provide bidders with an equal and fair platform to stake their claims.” MS Dhoni. (Photo: IPL) “ At BCCI, the growth of the ga...

In a historic first, the sale earnings of the digital rights of the Indian Premier League (IPL) have overshadowed the earnings from the TV rights. The BCCI has BCCI secretary Jay Shah made the announcement via social media on Tuesday evening, the third day of the e-auction. While Disney Star retained their Indian sub-continent TV rights, the most sought-after India digital rights deal was acquired by the Reliance backed Viacom18, which also won the non-exclusive Package C. Package D with a base price of Rs 3 crore per game with overseas TV and Digital Rights on offer was sold to Viacom18 and Times Internet. The total earnings from IPL's digital rights (Package B and Package C) will now be Rs 23,775.16 crore (Rs 57.94 crore per match) while the revenue from the sale of the TV rights (Package A) is Rs 23,575 crore (Rs 57.5 crore per match). Package D will earn the BCCI Rs 1,058 crores (Rs 2.6 crore per match) The Four packages: Package A: Sole TV rights for the Indian subcontinent only - Star India. Package B: Only Digital rights & exclusively for the Indian subcontinent - Viacom 18 Package C: Digital rights for a special bouquet of matches, including the playoffs, for the Indian subcontinent only - Viacom 18 Package D: Rights for the Rest of the World for both TV and digital, is divided into two sub-categories: Combined ROW or five individual regions - Viacom 18 and Times Internet Viacom18 entered the fray through a consortium which has former Star India head Uday Shankar (...