Star India Bags Indian Premier League Media Rights With Record Rs 16,347 Crore Bid

Agencies
September 4, 2017

Sept 4: Star India edged out Sony Pictures to secure the Indian Premier League's media rights with a bid of Rs 16,347.50 crore on Monday. The bidding for various media rights of the cash-rich league was held in Mumbai for a five-year period from 2018-2022.

The rights on offer were Indian sub-continental TV rights, which is the most coveted along with emerging Indian sub-continent digital rights. With this deal, the cost of an IPL match has become more than an average Team India game, as the former would be tagged at around Rs. 55 crore, as opposed to an India game, which brings in about Rs. 43 crore, making an IPL match the hottest property in Indian cricket from 2018 onwards. Earlier, each IPL game had the value of around Rs. 15 crore, which will now spike by three-and-a-half times to Rs 15 crore.

There were 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.

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.

"India, cricket and IPL have changed dramatically since its inception (in 2008) and this bid is a reflection of that," Star CEO Uday Shankar told reporters.

Interestingly, rival Sony's individual bid for broadcast (TV rights) this time was Rs 11,050 crore compared to Star's Rs 6,196 crore.

However, as per rule, the companies could form a consortium and if its consolidated global bid happened to be greater than the sum total parts of every individual bid they stand to win the rights.

Accordingly, the sum total of other bids, excluding Star consortium, was Rs 15,819.51 crore which is at least Rs 500 crore less than Star India's consolidated bid.

It is expected that Star India's digital vertical HotStar would be used for live streaming of IPL matches in India. Shankar admitted that they might not have won the bid had the amount been slightly lesser.

"Even if it was slightly less, we would not have got the rights. In every category, it was so competitive," Shankar added.

The BCCI has been embroiled in a pool of controversies having not implemented the Lodha Reforms and its current office-bearers are facing the wrath of the country's apex court.

But Shankar said that popularity of the game is such that watching cricket still is the favourite pastime of the Indians.

"Despite the off-field issues of BCCI, watching a cricket match in India remains an amazing experience," Shankar said. BCCI CEO Rahul Johri, on his part, said: "Our main endeavour to the stakeholders was to provide a transparent process where there should not be any iota of doubt," he said.

The IPL bid however, if seen on the world level, still has a way to go.

The National Football League (NFL) in the US has a budget of US dollars 6 billion per year, while Premier League football in England is marked around the US dollar 5 million mark during the same time frame.

The National Basketball Association (NBA) in the US has a price tag of US dollar 2.66 billion per annum.

The American Major League Baseball (MLB) is around US dollars 1.55 billion.

The IPL, which was sold for around US dollars 2.55 billion, would be around the 500-million mark every year.

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Agencies
June 2,2020

New Delhi, Jun 2: Expressing solidarity with the 'Black Lives Matter' campaign, star West Indies batsman Chris Gayle has alleged that he faced racist remarks during his career and cricket is not free of the menace.

Gayle did not elaborate when he faced racial remarks but hinted it might have been during his stints at global T20 leagues.

"I have travelled the globe and experienced racial remarks towards me because I am black, believe me, the list goes on," he posted on instagram on Monday night.

"Racism is not only in football, it's in cricket too. Even within teams as a black man, I get the end of the stick. Black and powerful. Black and proud," he said.

The big-hitting batsman's comments came in the backdrop of African-American George Floyd's death in the USA after a white police officer, Derek Chauvin, pressed his knee on the handcuffed man's neck as he gasped for breath.

The incident has sparked violent protests across the USA.

"Black lives matter just like any other life. Black people matter, p***k all racist people, stop taking black people for fools, even our own black people wise the p***k up and stop bringing down your own!," Gayle wrote.

Racism in cricket was drew attention most recently last year when England pacer Jofra Archer was abused by a spectator in New Zealand.

New Zealand's top players and the cricket board had offered apologies for the incident to the Englishman.

Also on Monday night, the England cricket team's official twitter handle posted a message denouncing racism.

"We stand for diversity, We stand against racism," the message read.

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Agencies
February 26,2020

It could be Virat Kohli versus Faf du Plessis in the Asia XI-World XI two-match T20 series that has been organised by the Bangladesh Cricket Board (BCB) on March 18 and 21 -- subject to the India skipper confirming his availability.

The matches will be played to celebrate the 100th anniversary of their founding father Sheikh Mujibur Rahman. The BCB is awaiting a confirmation from Kohli as well as K.L. Rahul for the March 18 game as India are set to play South Africa on the same day in the final ODI of a three-match series at the Eden Gardens in Kolkata.

Agencies had earlier reported that the Board of Control for Cricket in India (BCCI) President Sourav Ganguly had sent the names of Kohli, Mohammed Shami, Shikhar Dhawan and Kuldeep Yadav to the BCB for the two matches. And they all feature in the Asia XI team with the addition of wicket-keeper Rishabh Pant and Rahul.

Announcing the names, BCB President Nazmul Hassan said: "We have already received four names from India. We haven't signed contracts but Rishabh Pant, Kuldeep Yadav, Shikhar Dhawan and Mohammed Shami are supposed to come. They have said K.L. Rahul and Virat Kohli will play one game each, but that hasn't been finalised.

"Players like Rashid Khan and Mujeeb Ur Rahman have finalised with us, from Afghanistan. Nepal's Sandeep Lamichhane will play while from Sri Lanka, we will have Lasith Malinga and Thisara Perera. From Bangladesh, we will have Tamim Iqbal, Mushfiqur Rahim, Mustafizur Rahman, Mahmudullah and Liton Das.

"I don't remember all the names, but we will have three or four players from South Africa. Definitely, there will be the same number of players from West Indies. Australia and New Zealand will be playing but we will try to find some (players). Bairstow is definitely coming. Ngidi is coming. Chris Gayle is supposed to play. Faf du Plessis. We will have some of the best players around. We are uncertain about Pakistan since the PSL is will be ongoing. We will invite some of the cricketing greats."

Squads: Asia XI: Virat Kohli*, K.L. Rahul*, Rishabh Pant, Kuldeep Yadav, Mohammed Shami, Shikhar Dhawan, Tamim Iqbal, Liton Das, Mushfiqur Rahim, Thisara Perera, Rashid Khan, Mustifizur Rehman, Sandeep Lamichhane, Lasith Malinga, Muzeeb ur Rehman

World XI: Alex Hales, Chris Gayle, Faf du Plessis (Captain), Nicholas Pooran, Ross Taylor, Jonny Bairstow, Kieron Pollard, Adil Rashid, Sheldon Cottrell, Lungi Ngidi, Andrew Tye, Mitchell McClenaghan. (Coach: Tom Moody)

Note: (*) For one game; Kohli's selection subject to confirmation.

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Agencies
April 12,2020

London, Apr 12: Former Formula 1 legendary driver Stirling Moss died at the age of 90 on Sunday.

"All at F1 send our heartfelt condolences to Lady Susie and Sir Stirling's family and friends," Formula 1 said in a statement.

Often referred to as the greatest driver never to win the world championship, Moss contested 66 Grands Prix from 1951 to 1961, driving for the likes of Vanwall, Maserati and Mercedes, where he famously formed a contented and ruthlessly effective partnership with lead driver Juan Manuel Fangio.

In his 10-year-long stint at the tracks, Moss took 16 wins, some of which rank among the truly iconic drives in the sport's history - his 1961 victories in Monaco and Germany in particular often held up as all-time classics.

Moss won the 1955 Mille Miglia on public roads for Mercedes at an average speed of close to 100mph, while he also competed in rallies and land-speed attempts.

Following an enforced retirement from racing (barring a brief comeback in saloon cars in the 1980s) after a major crash at Goodwood in 1962, Moss maintained a presence in Formula 1 as both a sports correspondent and an interested observer, before retiring from public life in January of 2018.

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