IPL media rights: Sky Sports activities UK, SA’s SuperSport might bid for international rights

The IPL media rights for the subsequent five-year cycle, which might fetch BCCI over Rs 50,000 crore, has additionally attracted curiosity from worldwide broadcasters similar to Sky Sports activities UK and South Africa’s SuperSport, who’ve reportedly picked up bid paperwork. .

Among the identified names which have already raised ITT (Invitation to Tender) are Viacom-18, Zee Leisure (allowed after withdrawal of circumstances towards BCCI), Sony, Dream11, Star (present rights holder), thereby It changed into an intense battle.

Taking the ITT doc (Invitation for Tender) doesn’t imply that the broadcasting large will make the ultimate bid, however the BCCI has separated the media rights into 4 separate packages, with no composite bidding allowed like final time , Sky and Supersport can bid. For the ‘remainder of the world’ TV rights.

It needs to be talked about that this time there are 4 classes for rights and they’re: TV rights, digital rights for the Indian sub-continent, 18 video games (opening sport, weekend double header, 4 play-off video games) and remainder of the world.

The bottom value is Rs 32,890 crore and therefore the good segregation of digital consumption and packages will certainly take the valuation above USD 7 billion regardless of viewers fatigue resulting from falling TRP numbers.

Not like final time when Star’s general bid of Rs 16,347 crore had given them the rights, this time the rights will probably be given to the best bidder in every particular person class.

“Sure, Sky and Supersport have purchased the bidding paperwork, however that’s the case with a variety of corporations who wish to research the bids and the Rs 25 lakh isn’t a lot for them. However sure, the IPL is value a lot that these giants wish to take a look at them. water,” a senior BCCI official instructed PTI on situation of anonymity.

The final date for getting the bidding paperwork is Might 10 and if this occurs, the e-auction will happen after the IPL.

(Solely the title and picture of this report might have been reworked by Enterprise Normal workers; the remainder of the content material is generated routinely from a syndicated feed.)

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