IPL Media Rights: Money will rain on BCCI, the names of the winners of the IPL package will be announced today


Posted on 14th Jun 2022 10:22 am by rohit kumar

The BCCI has so far earned over Rs 46000 crore through the TV and digital rights of IPL, making it one of the richest leagues in the sports world. According to the information received so far, the TV rights of the Indian subcontinent in Package-A for 410 IPL matches between 2023 and 2027 have been sold for Rs 23575 crore i.e. the price per match will be Rs 57.5 crore.

 

Package-B i.e. digital rights for the Indian subcontinent was sold for Rs 50 crore per match, which was bought by one of the bidders after facing the challenge of getting Package-A. Rs 20500 crore has been received from Package-B i.e. after selling two packages, Rs 44075 crore has come in BCCI's bag. By the time the auction stopped on the second day, Rs 2000 crore had been bid for Package-C. Now on the third day, the bidding will take place. In this way, the board has earned Rs 46000 crore so far, which is more than two and a half times the Rs 16347 crore received in 2018. While BCCI will earn more from this auction, it has also decided to increase the pension of former India cricketers and former umpires.

 

The base price for TV was Rs 49 crore and for digital rights was Rs 33 crore. A BCCI source said, “Getting Rs 50 crore per match for digital rights is a big deal. The second day's auction ended at 6 pm and we are currently on Package C, which includes the non-exclusive digital rights of 98 matches for five years. Then there will be Package-D, which is for foreign TV and digital rights.

 

The combined amount of Rs 107.5 crores per match has put IPL on the list of the most expensive leagues in the world. Sources said that the TV and digital media rights have been acquired by two different media companies. The names of these companies are not yet officially known. The names of the winners of the IPL package cannot be announced before the auction process is over. However, sources revealed that Star Disney has been able to retain the TV rights again, while the digital rights have been acquired by Viacom-18, a subsidiary of Reliance.

 

In this way, media rights are divided into four packages-

 

- TV rights for the Indian subcontinent in Package-A

 

- Digital rights for the Indian subcontinent in Package-B

 

Package-C will include digital broadcast rights for select 18 matches per season, including the first match of the season, the evening match in each double header on the weekend, and four playoff matches.

 

- TV and digital broadcast rights outside the Indian subcontinent in Package-D

 

Also Read: India is losing, Kohli-Rohit are celebrating holidays: Foreign players played in IPL join the team, senior players of India need rest

1 Like 0 Dislike
Previous news Next news
Other news

Weather Update: Possibility of heavy rain in the Northeast including UP, and Bihar for the next three days, low pressure area formed over Bengal.

A low-pressure area has formed over North-West Bengal. Due to its effect, there was heavy rain on

Chief Minister Yogi Adityanath's OSD Motilal dies in a road accident, wife seriously injured

Motilal Singh, the camp office in charge of Chief Minister Yogi Adityanath's Gorakhnath temple, d

Project Shakti: Google's 'power' seen during Lok Sabha elections 2024, more than 300 journalists and fact-checkers joined this initiative.

Whenever India is mentioned in the country or abroad, it is almost always called the 'world's lar

INS Mormugao: Navy's destroyer equipped with excellent features, makes missiles like BrahMos and Barak deadly

The strength of the Indian Navy's fleet is going to increase further. Stealth Guided Missile Dest

Men are not visible in the streets and restaurants of Moscow: Lakhs left the country, 2 lakh reached Kazakhstan for fear of being sent to war

Moscow with a population of 12 million looks a bit empty. The restaurant is not as crowded as bef

PM Modi In Tamil Nadu: 'Many schemes in our name and scams in their name', PM Modi lashed out at the opposition in Tamil Nadu

Prime Minister Narendra Modi is on a tour of South India for preparations for the Lok Sabha elect

T20 World Cup 2024: New Zealand team announced for T20 World Cup, Conway returns, Williamson will captain

New Zealand has announced its 15-member squad for the upcoming T20 World Cup 2024. Experienced Ka

World Cup: India in the final after 12 years, took revenge for the 2019 defeat from New Zealand; Shami dominates after Kohli-Iyer

India has made it to the finals of the World Cup. They defeated New Zealand by 70 runs in a thril

'His place is in Tihar jail', CM Saini attacked Kejriwal; called him a black spot for Haryana.

Haryana Chief Minister Nayab Singh Saini on Sunday fiercely targeted former Delhi Chief Minister

IPL Auction 2025 Streaming: What time will the auction start? On which TV channel and mobile app will it be live? Know everything

The bugle for the 18th season of the Indian Premier League i.e. IPL 2025 has been blown. The mega

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash