Accusing the Board of Control for Cricket in India (BCCI) of adopting double-standards on price negotiations over cricket telecast rights, Subhash Chandra's Zee Telefilms has decided to pull out of its five-year deal, estimated at $200 million (about Rs 800 crore), for 25 one-day international matches involving India at neutral international venues. |
Zee TV has accused the BCCI of favouring Nimbus Communications, the telecast rights holder for all matches held in India, over Zee Sports by agreeing to reduce its five-year telecast rights fee by 15 per cent (from $612 million to $520 million) following the government's "must-share" sports Bill. |
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The Sports Broadcasting Signals Bill, which was passed by Parliament last month, makes it mandatory for every sports broadcaster to share its signals "live" with Doordarshan. |
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Confirming the move, Ashish Kaul, senior vice-president (corporate brand development), Zee Network, said, "We have been requesting the BCCI for a dialogue to re-negotiate terms with us for the last six months, but in vain. Therefore, Zee has decided to pull out of the deal." |
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He further said, "When the BCCI can re-negotiate its deal with Nimbus Communications (operator of NEO Sports), why can't it reconsider the deal with Zee?" |
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Sources in the BCCI said Zee's move to form a separate cricket league (India Cricket League) had irked top BCCI officials, which is why they did not agree to re-negotiate on the telecast rights fee. |
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"Zee's move to launch ICL and its open offer to several current Indian cricketers has irked the board. This may also be a reason for the spat between BCCI and Zee, leading to Zee pulling out of its 25-match agreement," a source close to the development said. |
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As a direct result of Zee's pullout, the BCCI will now have to find a host broadcaster for the three-ODI series between India and South Africa in Belfast, Ireland. |
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