BCCI predicted to be richer by Rs 20,000 crore from IPL media rights

Agencies
September 3, 2017

Mumbai, Sept 3: The Board of Control for Cricket in India (BCCI) Chief Executive Officer (CEO) Rahul Johri says the revenue generation from the upcoming Indian Premier League (IPL) media rights auction could be “historic”, considering the huge interest shown by various stakeholders.

“Monday’s auction could produce historic numbers. While I am not in a position to predict numbers, our primary focus is to deliver a transparent and robust bidding process for each and every stakeholder,” Johri said ahead of the auction.

“We are extremely grateful to the Honourable Supreme Court and the Committee of Administrators (COA) for having faith in our existing system,” he added.

The bidding for various media rights auction of the cash-rich league for a five-year period from 2018-2022 will take place in Mumbai on Monday.

The rights have been segregated in two categories -- broadcast and digital (internet and mobile) rights.

The rights on offer are Indian sub-continental TV rights, which is the most coveted along with emerging Indian sub-continent digital rights.

There is also rest of the world media rights on offer which includes key international markets like the Middle East, Africa, Europe, USA, Australia and New Zealand.

There are predictions that BCCI could be richer by more than Rs 20,000 crore through their earnings from the rights.

In 2008, Sony Pictures Network won the IPL media rights for a period of 10 years with a bid of Rs 8200 crore. The global digital rights of IPL for a period of three years was awarded to Novi Digital in 2015 for 302.2 crore.

“The IPL is one of the biggest cricketing property globally. That the best companies in the global market have shown interest is a testimony to the value that it brings in for the investors,” said Johri.

The digital rights market for Indian sub-continent could see a three-way battle between Reliance Jio Digital Services, and Airtel.

Johri agreed that digital rights could throw up interesting numbers.

“You have to understand digital market is growing very rapidly. The increase in bandwidth and connectivity for all the major digital players have also helped. The IPL is a catalyst for the growth of their business,” said the CEO of India’s richest sporting body.

There could be a possibility that some of the major players may get into a consortium (association of companies) to place bid for the global rights.

Asked if any major Indian company with interest in broadcast gets into a tie-up with an international player vying for digital rights for the rest of the world, Johri said that the possibility cannot be ruled out.

“Any combination as far as consortium is concerned is possible. We have to provide the best service to the stakeholders. A particular company may have a strong presence in one of the markets but may like to have an association with a company that has strong foothold in another market. If they come together and become the highest bidder, they are welcome,” Johri said.

Johri also explained the reason why the period of rights has been reduced from 10 years to five years.

“A period of 10 years was too long a period from a buyer’s perspective as well as seller’s perspective. In an ever changing world, a decade is a very long period which restricts the property (IPL) from growing.

“Now we have digital rights for five years. Currently, digital feed (live streaming) is a delayed but we don’t know how scenario will change after five years,” he stated.

The notable companies that have picked up tender document are Star India, Amazon Seller Services, Followon Interactive Media, Taj TV India, Sony Pictures Networks, Times Internet, Supersport International, Reliance Jio Digital, Gulf DTH FZ LLC, GroupM Media, beIN, Econet Media, SKY UK, ESPN Digital Media, BTG Legal Services, BT PLC, Twitter, Facebook Inc, BamTech, YuppTV, Discovery, Oath (Yahoo), Airtel, DAZN Perform Group.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
January 8,2020

Indore, Jan 8: Skipper Virat Kohli struck an unbeaten 30 as India beat Sri Lanka by seven wickets in the second Twenty20 international in Indore on Tuesday.

The hosts rode a 71-run opening stand between KL Rahul, who hit 45, and Shikhar Dhawan, who made 32, to chase down their target of 143 in 17.3 overs and take a 1-0 lead in the three-match series after the first match was rained off.

Leg-spinner Wanindu Hasaranga took the wickets of the Indian openers but Shreyas Iyer, who scored 34 before falling to paceman Lahiru Kumara, and Kohli, who hit the winning six, got the team home.

The third match is on Friday in Pune.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
January 30,2020

Jan 30: Three days after Los Angeles basketball great Kobe Bryant, his 13-year-old daughter and seven others perished in a helicopter crash, his wife, Vanessa, broke her silence with an Instagram message saying she was “completely devastated” by their loss.

The social media text was posted alongside a recent family photo of Kobe and Vanessa Bryant with all four of their daughters - Gianna, who died with her father, along with the couple’s eldest, Natalia, 17, 3-year-old Bianka, and the youngest, Capri, born in June 2019.

Kobe Bryant and the couple’s second daughter, knicknamed Gigi, died on Sunday when the helicopter they were flying in en route to the Mamba Sports Academy for a girl’s basketball tournament crashed in foggy weather on a hillside northwest of Los Angeles.

Gianna Bryant was a member of the Mamba team due to compete that day. Her father, who retired from the National Basketball Association in 2016 after 20 years with the Los Angeles Lakers, was the coach of his daughter’s team. ]

The pilot and six more passengers were also killed - two other 13-year-old girls involved in the tournament, three of their parents and another coach. The cause of the crash remains under investigation.

The death of Bryant, 41, an 18-time NBA all-star, five-time Lakers champion and one of the world’s most admired sports figures, unleashed an outpouring of grief and tributes from fans, fellow athletes and politicians around the globe.

“My girls and I want to thank the millions of people who’ve shown support and love during this horrific time,” Vanessa Bryant, 37, a former model, wrote on her Instagram account.

“We are completely devastated by the sudden loss of my adoring husband, Kobe — the amazing father of our children; and my beautiful, sweet Gianna — a loving, thoughtful, and wonderful daughter, and amazing sister to Natalia, Bianka, and Capri,” she added.

The message goes on to say: “We are also devastated for the families who lost their loved ones on Sunday, and we share in their grief intimately. There aren’t enough words to describe our pain right now.

“I take comfort in knowing that Kobe and Gigi both knew that they were so deeply loved. We were so incredibly blessed to have them in our lives. I wish they were here with us forever. They were our beautiful blessings taken from us too soon.”

She directed anyone wishing to “further Kobe and Gianna’s legacy in youth sports” to visit the site MambaSports Foundation.org.

There has been no word yet on funeral arrangements.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
June 10,2020

New Delhi, Jun 10: Former India skipper Rahul Dravid has praised the batting of MS Dhoni during the backend of a match, saying that the wicket-keeper often played during the period as if the result did not really matter to him.

Dravid also said that in pressure-cooker situations, not worrying about consequences can help players bring out the best in themselves.

"You watch MS Dhoni play during the backend of a match when he was at his best, you always felt like that he is doing something really important to him but he is playing it like the result does not really matter to him," Dravid told Sanjay Manjrekar during a videocast hosted by ESPNCricinfo.

"I think you need to have that or you need to train for it. It is a skill that I never had. The consequences of any decision mattered to me. It would be interesting to ask MS Dhoni that is this something that has come naturally to him or did he work on this during his career," he added.

Dhoni made his ODI debut against Bangladesh in 2004, but he truly arrived in the series against Pakistan in 2005 when he scored 148 runs in the second ODI of the six-match series at Vishakapatnam.

He is the only captain to win all major ICC trophies (50-over World Cup, T20 World Cup, and Champions Trophy). Under his leadership, India also managed to attain the number one ranking in Test cricket.

He first led an inexperienced Indian side to the T20 World Cup triumph in 2007. He then took over ODI captaincy, but he had to wait for leading the Test side as Anil Kumble was doing the duties in the longest format.

Over his career, Dhoni has been reowned for his finishing skills and he is often viewed as the best finisher that the game has ever seen.

In December 2014, Dhoni announced his retirement from the longest format of the game.

Then in 2017, Dhoni handed over the captaincy reins to Virat Kohli in the 50-over format.

Dhoni was slated to return to the cricket field on March 29 in the IPL's opening match between CSK and Mumbai Indians. However, the tournament has been suspended indefinitely as a precautionary measure against coronavirus.

Thirty-eight-year-old Dhoni has been currently enjoying some time away from the game. He last played competitive cricket during the 2019 World Cup.

Dhoni recently had to face criticism for his slow batting approach during India's matches.

Earlier this year, Dhoni did not find a place in the list of BCCI's centrally contracted players from October 2019 to September 2020.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.