BCCI Media Rights

BCCI's 2022-23 annual report shows that IPL 2023 revenue surged 78% year-on-year to Rs 11,769 crore, with expenses increasing 66 per cent to Rs 6,648 crore

While the value of IPL has increased by 433%, the salary cap of the franchise has only increased from Rs 20 crore in 2008 to Rs 100 crore in 2024

The Board of Control for Cricket in India (BCCI) on Saturday awarded the title sponsorship rights for the Indian Premier League (IPL) to TATA Group for a period of five years

Industry experts have said that India is hosting the Cricket World Cup entirely for the first time and the cricket body (ICC) is likely to earn $120-150 million by way of sponsorship fees

Viacom18 will continue to exclusively telecast and stream the matches in India after acquiring the rights

Leading media & entertainment firm Viacom18 on Saturday said it has bagged streaming and broadcast rights for all domestic and international cricket in India for five years from September 2023 to March 2028 for a consideration of Rs 5,963 crore. The Reliance Industries-controlled media house, which earlier this year disrupted the market by live streaming the IPL matches through its OTT platform JioCinema, was competing with rival media houses such as Star India and Sony for the five-year rights. The e-auction of media rights was held on August 31. "Viacom18 secured exclusive Media Rights for the BCCI International and Domestic matches for September 2023-March 2028. The network won both the Indian sub-continent and global television and digital rights for the next five years for a cumulative figure of INR 5,963 crore," said a Viacom18 statement. Reliance-backed Viacom18 had earlier acquired digital rights for IPL for the 2023-27 cycle for a whopping Rs 20,500 crore. After ...

This has come as a shot in the arm, as Viacom 18 already has the digital rights for the IPL

In 2018, Star Sports won the BCCI TV and digital rights for Rs 6,138.1 crore. It had outbid Reliance and Sony to win the media rights.

BCCI media rights news: Earlier this month, the BCCI had released the e-auction tender to sell rights for all formats of international cricket India will play at home in the next 5 years

The bank has acquired these rights at a cost of Rs 4.2 crore per international match

In 2018, Disney Star retained the BCCI media rights by paying Rs 6,138 crore for the five-year cycle (2018-23)

According to media reports, Zee Entertainment Enterprises is in talks with the creditors to repay its debt and clear the last obstacle in completing its merger with Sony Pictures Network India

This comes after the same template used for the broadcasting rights of the Indian Premier League (IPL) for five years fetched the BCCI $6 billion last year

The BCCI will set the ball rolling for the sale of the media rights for bilateral cricket at home and commence the process to appoint the head coach of Indian women's cricket team at its Apex Council meeting on Sunday. After the Rs 48,390 windfall from the IPL media rights, the BCCI will have high expectations for the home season rights for 2023-2027 cycle. With the entry of Viacom in Indian cricket's ecosystem, it will be a three-way battle between them, Star and Sony. The BCCI reaped huge benefits from selling the broadcast and digital rights separately for the IPL and it is expected to follow that for the international games at home. Star had paid Rs 6,138.1 crore for the previous cycle that ended on March 31. Appointment of women's team support staff =========================== The Indian women's cricket team played the recent T20 World Cup in South Africa without a head coach. Batting coach Hrishikesh Kanitkar had taken charge of the team following the sacking of head coach .

Attention shifts to auction for five teams in the Women's IPL on January 25; bids accepted till Jan 23

Since 2020, the value of IPL has jumped 75 per cent in dollar terms from $6.2 billion to $10.9 billion

The winning bid of $3 bn by Star-Disney was double the base price of $1.44 billion set by the ICC, while BCCI raked Rs 48,390 crore for IPL's 2023-27 cycle

Broadcasters Disney-Star, Sony, Zee and Viacom18 have submitted their bids, it is reliably learnt, after protesting about the lack of transparency in a closed-loop exercise

Says the cricket governing body must explain PwC's exit from the auction process

This comes as the governing body of world cricket is auctioning Indian media rights separately from global media rights as India is the largest market for cricket