iPhone | iPad
Android
Huawei
As soaring temperatures across England forced the need for water breaks at all this weekend's Premier League games, it was City who were on fire at the Etihad as promoted Bournemouth were blown away
KT APPDOWNLOAD
IPL media rights auction to continue on Tuesday with $5.1b already in the bag
The source declined to say which companies had won the two bids for TV and digital rights
Kolkata Knight Riders, co-owned by Shah Rukh Khan, have won the IPL twice in 2012 and 2014. — Reuters
The media rights auction for the Indian Premier League (IPL), the world’s richest cricket league, spilled over into a third day, with broadcast and digital rights for the Indian subcontinent already fetching the Board of Control for Cricket in India (BCCI) almost $5.1 billion, two sources told Reuters on Monday.
The online auction, which began on Sunday, is yet to conclude bidding for another set of media rights, including a bespoke package that includes rights for high-value matches as well as rights to broadcast the IPL in foreign territories.
The bidding for television broadcast and online streaming of the matches in the subcontinent concluded on Monday, one of the sources said. A top BCCI official said the TV rights for the Indian sub-continent had attracted the highest bid of 575 million rupees ($7.36 million) per match. The highest bid for the digital rights for the region was 500 million rupees for each game.
Based on 74 games each season for the next five years, the combined TV and digital rights for the sub-continent rights is worth 397.75 billion rupees ($5.09 billion).
The source declined to say which companies had won the two bids, but media giants like Sony Corp’s India unit, Reliance Industries’ broadcasting JV Viacom18 and Disney, which currently holds the rights, were all in the fray.
“The bidding went well and it’s not over yet,” the BCCI official told Reuters. “It’s been fairly satisfying and we are confident of an impressive number tomorrow.”
A second BCCI source confirmed the bidding amounts.
The online auction for television and digital broadcast rights from 2023 to 2027 of the IPL, the hugely popular two-month cricket league that draws top television ratings, began on Sunday morning and continued all day on Monday as well.
The current digital and television rights are held by Star India, now owned by Walt Disney Co, which paid 163.48 billion rupees ($2.09 billion) in 2017.
* ($1 = 78.0918 Indian rupees)
More news from Sports
Goals from Danny Ings and Emi Buendia eased the pressure on Gerrard after a run of two wins in their previous 12 games dating back to last season
Spurs lost four times to Chelsea last season, including three defeats, two in the League Cup semifinal followed by one in the league, in January
French international striker Karim Benzema is the overwhelming favourite after being the architect of Real Madrid’s 14th Champions League title
The Aspire control and command centre will monitor all stadiums at once, as Qatar pulls out all the technical stops to keep an eye on the anticipated one million plus visitors from the moment they get off the plane to moment they leave
Kieron Pollard, Dwayne Bravo, Nicholas Pooran and Trent Boult are set to join ahead of the inaugural edition
Ahmed flew to Switzerland for what he thought was a training programme with his coach
Held under the slogan “To the Summits, People of Determination”, the 2022 edition featured 280 activities, most notably sports events