India's cricket board said Tuesday it has sold the broadcast rights of the IPL tournament for the next five seasons to global media giants for an ...
tweeted Jay Shah, Board of Control for Cricket in India (BCCI) secretary, announcing the results of a hotly contested three-day online auction. But the digital rights were auctioned off for even more -- $3.04 billion -- reflecting the expectation that more people in India and abroad will watch the matches on digital devices. The amount paid for the rights to one of the world's most watched sports contests dwarfs the $2.55 billion that Star India paid in 2017 for the previous five seasons to 2022.
The Indian Premier League is among the world's richest sports leagues, deepening the pockets of the all-conquering Indian cricket board, but the the sport's ...
Test cricket - even though the ICC and its all-powerful board remain determined to protect the primacy of the long format - will almost surely be played by just five or six countries in the not too distant future. There is a steady increase in games over the next cycle in the 10-team IPL, which expanded by two sides in its most recent edition. We have World Cups coming up, that's a priority with us. “We just can't afford Test cricket. But Barclay, who admittedly shouldn’t have come across as so defeatist, was merely parroting what many in and around the ICC have accepted. After such a monster deal for a league still in its infancy, with this likely the tip of the iceberg, close observers are bracing for the IPL to eventually start mimicking the major leagues in the world and be played over a much longer time span.
The IPL ignores inflation, ignores Covid-induced slowdown, and seems to have carved out a kingdom of its own in the sporting landscape, independent of the ...
Then there is the question of the number of teams and matches. Old certainties no longer hold; the difference between the result of the previous rights cycle and the current one is not one of degree, but one of kind. The IPL long ago reached the stage when it was too big to fail; now it is flirting with a more dangerous possibility — that of succeeding so well that the next round of rights cannot be sustained. Will the IPL be guaranteed a better class of commentator? That is the nature of the beast. The pressure is now on the viewers to watch the IPL. Any drop in viewership may be construed as lack of interest and discourage advertisers.
The auction cemented the league's position among the world's most valuable sports properties, as a once-staid game has become a commercial juggernaut.
Disney-owned Star India paid $2.09 billion for television and digital broadcasting rights in a five-year deal that ended this season. The N.B.A. and the English Premier League have expanded their businesses through a broader appeal, with sales of global television rights now a cornerstone of their growth strategies. Mr. Ambani owns the league’s most valuable team, the Mumbai Indians, which has won five titles and is valued at $1.3 billion. In recent years, broadcast subscriptions have jumped by millions of new viewers, pulling in huge advertising revenue. In 2013, an investigation into illegal betting resulted in two teams being suspended from play for two seasons. Its founder, Lalit Modi, fled the country after being dismissed in 2010 over financial irregularities. The deal consists of two major parts, one being television rights for the Indian subcontinent, which Star India, the local Disney subsidiary, purchased for $3.02 billion. The I.P.L., however, has attracted foreign investor interest, with wealthy sports owners and private equity companies drawn to its rising profile and skyrocketing television deals. Well-known figures like Mr. Ambani and the Bollywood star Shah Rukh Khan began to buy franchises. At the time, it was a highly contentious move in a sport that cherished tradition. Even as the league’s broadcasting rights have become a rich source of revenue for the Board of Control for Cricket in India, the board has been dogged by scandal. Pradeep Magazine, a longtime sports editor and a historian of cricket, said the league had made the Indian cricket board one of the richest sports regulatory bodies in the world.
Viacom18 and Disney redraw battle lines in the Indian media landscape after dividing up a $6.2 billion IPL cricket rights package.
The winner of the main rights package also had the option to rebid for the non-exclusive digital package. It offered four different packages, with the winners of the TV category allowed to outbid or haggle with the winner of the main digital rights package. Some analysts have calculated that with the total value of the Indian rights packages being $6.2 billion, the mean value of each IPL match is $13.7 million. But this typically rises during the IPL tournament and was well over 100 million in the second quarter. Nevertheless, any dent in Disney+ Hotstar’s sports content offering will also affect the platform’s number of casual and ad-supported viewers. Disney feels that the rights its has secured will still act as a locomotive for other content. “We made a reasonable bid, considering all the expected returns. We chose not to proceed with the digital rights given the price required to secure that package. During the last Disney earnings call it was revealed that Hotstar had over 50 million paying subscribers, or some 35% of Disney+’s worldwide subscriber total. Viacom18, a TV and streaming group backed by billionaire industrialist Mukesh Ambani, has paid $3 billion to win an online auction for two packages of digital rights to Indian Premier League (IPL) cricket. Now revamped and rebranded as Disney+ Hotstar, the platform has leveraged live sports to become India’s largest streamer in a highly competitive field that includes multinational conglomerates, local studios and cross-border joint ventures. Consultancy, Media Partners Asia has previously reported that Disney earned $775 million from IPL this year.
The explosion of Indian Premier League (IPL) cricket in recent years just paid off in a major way. On Tuesday, the IPL announced its new broadcast partners ...
There’s every chance that when the IPL rights are big on again in 2027 the USA could be a major growth area, should the MLC venture see success, and non-traditional fans begin to buy into the sport. However, this next deal could just be a litmus test for the swelling popularity of the largest global cricket league, and we could see movement in the next deal. On Tuesday, the IPL announced its new broadcast partners for 2023-27, and with it a staggering $6.2 billion price tag.
The cost to acquire media rights for the Indian Premier League tripled to 483.9 billion rupees ($6.2 billion), catapulting the cricket tournament over the ...
Viacom18 Media Pvt., a joint venture between Paramount Global and Mukesh Ambani’s Reliance Industries Ltd., won digital streaming rights for 238 billion rupees, Jay Shah, secretary of the Board of Control for Cricket in India, said on Twitter Tuesday. Walt Disney Co. bagged television rights for about 236 billion rupees.
Viacom18 partnership between Paramount Global and Reliance Industries outbids Disney for digital rights and will stream popular sports league's matches.
- Opinion: DeSantis Weathers a ‘Spasm’ of the Woke You may cancel your subscription at anytime by calling Customer Service. The winning bid for streaming rights from Viacom18, a joint venture between Paramount Global , Indian billionaire Mukesh Ambani’s Reliance Industries Ltd. and others, was $2.6 billion, the cricket board said.
Aggressive bidding for the rights for India's most-watched cricket tournament has made the competition more expensive to broadcast than England's top-flight ...
Aggressive bidding for the rights for India’s most-watched cricket tournament has made the competition more expensive to broadcast than England’s top-flight football.
Disney lost out on streaming rights to the Indian Premier League's cricket matches from 2023-2027, but said it will keep the broadcast rights. Photo: Arun ...
- Saks Fifth Avenue:$20 off sitewide + free shipping - Saks Fifth Avenue coupon You may cancel your subscription at anytime by calling Customer Service. The entertainment giant said Tuesday that it will keep the broadcast rights to the Indian Premier League’s cricket seasons from 2023-2027.
Viacom18 has bagged digital rights for the Indian Premier League and international rights for three other big cricketing nations.
It has been a big factor in the growth of the game.” The e-auction’s over, and as became clear yesterday, Viacom18 is the big winner of Indian Premier League cricket rights. For Disney, whose Star India subsidiary previously owned all Indian subcontinent rights, losing streamed matches with inevitably cost Disney+ Hotstar subscribers but will save it a huge chunk of cash.
Disney lost out on streaming rights to the Indian Premier League's cricket matches from 2023-2027, but said it will keep the broadcast rights. Photo: Arun ...
- JCPenney:JCPenney Biggest Sale of the Season - Up to 65% off 1,000s of deals The entertainment giant said Tuesday that it will keep the broadcast rights to the Indian Premier League’s cricket seasons from 2023-2027. You may cancel your subscription at anytime by calling Customer Service.
Manish Tiwary had only been in his new job as head of Amazon.com Inc.'s India business a couple of months when he faced a weighty decision: How aggressively ...
Tiwary and senior management in Seattle decided those billions would be better spent on Amazon’s e-commerce business. Manish Tiwary had only been in his new job as head of Amazon.com Inc.’s India business a couple of months when he faced a weighty decision: How aggressively should the US e-commerce giant bid for media rights to the Indian Premier League?
A venture backed by Ambani has won the digital rights to air the Indian Premier League (IPL), one of the world's most valuable sports properties. Viacom18 — a ...
On cost-per-match terms, IPL has now overtaken the English Viacom18 — a joint venture between Paramount and Ambani's Reliance Industries — has secured the streaming rights for about 238 billion rupees ($3.05 billion), Jay Shah, secretary of the Board of Control for Cricket in India, said on Twitter A venture backed by Ambani has won the digital rights to air the Indian Premier League (IPL), one of the world's most valuable sports properties.
Coming from Kunwarpur - a tiny village in Uttarakhand's Garhwal region Kanyal scored a century in his Ranji Trophy debut against Maharashtra.
It was only when I started doing well that I felt like I could play for India. If I do really well in the next few years, maybe I might get into India A or IPL. Belonging to a state like Uttarakhand, it's very difficult to play for India directly. I was only looking forward to come back and play - only looking at the solution to get back fit at the earliest, not the problem that I was facing." (Everyone would tell me the story of how Yuvraj Singh beat cancer and returned to play cricket)," the cricketer said. "But in the 10-odd days when I would return home, I was pampered. The thought of wanting to go back and play cricket gave me the fighting spirit to beat cancer. I beat cancer because I wanted to play cricket,” the 21-year-old told Cricbuzz.
Kamal Singh, an opening batter for Uttarakhand, doesn't like to carry the burden of the past. It's a part of his personality, much like the way he views his ...
It was only when I started doing well that I felt like I could play for India. If I do really well in the next few years, maybe I might get into India A or IPL. Belonging to a state like Uttarakhand, it's very difficult to play for India directly. I was only looking forward to come back and play - only looking at the solution to get back fit at the earliest, not the problem that I was facing." "But in the 10-odd days when I would return home, I was pampered. But there are enough people to remind me that the time has passed, there is no point thinking about it." "There really wasn't a lot to do in the hospital, I would be sleeping all the time. At times, I would walk towards the window and stare at people walking outside or watch cricket on the television. The thought of wanting to go back and play cricket gave me the fighting spirit to beat cancer. When I found out that it was cancer, I was already so used to what was happening that it didn't bother me. He doesn't like to carry the burden of the past with him, he says. "We found out that the platelet count was very low. "At that age, I didn't realise the enormity of the disease. Much like it was for his team, Uttarakhand, who were at the receiving end of a record 725-run thrashing against Mumbai in their maiden quarterfinal appearance.
Kamal Singh made a century on his first-class debut against Maharashtra and also became his team's leading run-scorer in the 2020-21 Vijay Hazare Trophy.
I was only looking forward to coming back and playing - only looking at the solution to get back fit at the earliest, not the problem that I was facing," Kamal added. The thought of wanting to go back and play cricket gave me the fighting spirit to beat cancer. Uttarakhand left-handed batter Kamal Singh went down the memory lane and talked about his battles with cancer when he was in his early teens.
BENGALURU -- Indian conglomerate Reliance Industries seized a weapon that may help it win its battle with Disney for the top spot in the country's hug.
Viacom18 acquired the rights to stream the Indian Premier League matches digitally in the Indian sub-continent for the 2023 to 2027 seasons.
With these IPL rights, Viacom18 will be able to take India’s biggest sporting event to every nook and corner of the country," the statement said. The digital platforms utilise a combination of top-class content as well as digital prowess through big data analytics and predictive algorithms to offer contextualised It also won the India digital rights for a special package of 18 games in every season.
Argus Partners has advised the Board of Control for Cricket in India (BCCI) in the media rights auction to broadcast the Indian Premier League, ...
The deal fetched the BCCI $6.2 billion. Disney-owned Star India retained the television broadcast rights to the IPL for 235.75 billion ($3.02 billion), while Viacom18, a broadcasting joint venture run by Mukesh Ambani's Reliance Industries won digital streaming rights from 2023 to 2027, for 237.58 billion Indian rupees, Reuters reported. Argus Partners has advised the Board of Control for Cricket in India (BCCI) in the media rights auction to broadcast the Indian Premier League, the world's richest cricket competition, for the next five years.
Indian billionaire Mukesh Ambani has now added a massive cricket deal to his empire. A venture backed by Ambani has won the digital rights to air the Indian ...
Its massive popularity in India is seen as a foolproof way to expand in the country's flourishing online media space. On cost-per-match terms, IPL has now overtaken the English Premier League, and ranks behind only the National Football League in the United States, Bloomberg said. That puts the total value of IPL's media rights at a record $6.2 billion.
The digital rights have been acquired for Rs 23758 crore, surpassing the TV rights acquired by Disney Star for Rs 23575 crore.
Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary. "With these IPL rights, Viacom18 will be able to take India’s biggest sporting event to every nook and corner of the country. "Sports entertain us, inspire us, and bring us together.
And when we're not all agog for Trent Boult vs James Anderson, we're waiting to see whether Jay-Z will bring Brooklyn's finest PR skills to our game.
We understand that we are experts in developing talent and in cricket," said CSA CEO Pholetsi Moseki, placing the definition of the word "expert" under all sorts of strain. Let's just always try to be better," he said ahead of the aforementioned Trent Bridge Test. "I don't know how you make positive more positive but I think you know what I mean." "The message from me to everyone is to look to be even more positive than we were last week. ButTrent Boulthas, by his own admission, spent his ten and a half years as a Test cricketer slowly reeling in Muthiah Muralidaran's record, finally getting there amid the familiar flurry of jabs, squawks and feints that makes his batting a piece of performance art. Tallying up the most runs ever scored by a No. 11 is very much in keeping with the you-don't-have-to-be-crazy-to-work-here-but-it-helps mood that sets cricket apart from most other sports. Nothing beats the timeless verities of the five-day game,the crucible of white-hot competition between the greatest, most-skilled practitionersof our beloved sport.
Disney lost out on streaming rights to the Indian Premier League's cricket matches from 2023-2027, but said it will keep the broadcast rights. Photo: Arun ...
- Target:Up to 60% off - Target Promo Code You may cancel your subscription at anytime by calling Customer Service. The entertainment giant said Tuesday that it will keep the broadcast rights to the Indian Premier League’s cricket seasons from 2023-2027.
Ambani-backed Viacom18 bagged digital rights to stream IPL at a per match price of ₹88.69 core.
“The IPL rights make Viacom18 and its platforms one of the largest sporting destinations in the country,” said the press note. Just like with everything we do, our mission is to take the joyful experience of IPL to cricket fans wherever they are — in every part of our country and around the world,” said Nita Ambani. Cricket and IPL personify the best of sport and the best of India, which is why we are proud to be deepening our association with this great game and this wonderful league.
Cricket - Third One Day International - South Africa v India - Newlands Cricket Ground, Cape Town, South Africa - January 23, 2022 India's Virat Kohli in action REUTERS/Sumaya Hisham - UP1EI1N11VMSL. Argus Partners has advised the Board of Control for ...
The deal fetched the BCCI $6.2 billion. Disney-owned Star India retained the television broadcast rights to the IPL for 235.75 billion rupees ($3.02 billion), while Viacom18, a broadcasting joint venture run by Mukesh Ambani's Reliance Industries won digital streaming rights from 2023 to 2027, for 237.58 billion rupees, Reuters reported. Argus Partners has advised the Board of Control for Cricket in India (BCCI) in the media rights auction to broadcast the Indian Premier League, the world's richest cricket competition, for the next five years.
Disney lost out on streaming rights to the Indian Premier League's cricket matches from 2023-2027, but said it will keep the broadcast rights. Photo: Arun ...
- Saks Fifth Avenue:$20 off sitewide + free shipping - Saks Fifth Avenue coupon You may cancel your subscription at anytime by calling Customer Service. The entertainment giant said Tuesday that it will keep the broadcast rights to the Indian Premier League’s cricket seasons from 2023-2027.
BENGALURU -- Indian conglomerate Reliance Industries seized a weapon that may help it win its battle with Disney for the top spot in the country's hug.