HomeSPORTSEyeing $6 billion windfall, BCCI floats IPL media rights tender | Cricket...

Eyeing $6 billion windfall, BCCI floats IPL media rights tender | Cricket Information

MUMBAI: Eyeing a windfall of near Rs 50,000 crore, the Indian Cricket Board on Tuesday floated the media rights tender for the 2023-2027 IPL seasons.
The BCCI will prepare an e-auction for the brand new bidders for the primary time in IPL historical past and it’ll begin from June 12, the board’s secretary Jay Shah mentioned.

“With two new groups, extra matches, extra engagement, extra venues, we wish to take #TataIPL to newer and higher heights,” Shah posted on his Twitter deal with.

“I’ve no doubts that with this course of there is not going to solely be income maximisation but in addition worth maximisation, which can profit India Cricket immensely.”
Disney Plus Hostar is the one stay streaming platform of the IPL in India.
With the growth of IPL from 60 to 74 matches after the inclusion of the Gujarat and Lucknow franchises, there may be prone to be a bidding warfare from its friends which embrace Zee-Sony and Reliance Viacom 18.
The BCCI is anticipating aggressive bidding for the digital area between the likes of Amazon Prime, Meta and YouTube.
The detailed phrases and situations are talked about in ‘Invitation to Tender’ (ITT) which shall be made obtainable on receipt of fee of non-refundable payment of Rs 25 lakh excluding GST, the BCCI mentioned in a press release.
The ITT shall be obtainable for buy until Might 10.
events are requested to e-mail the small print of fee made for the acquisition of the ITT to [email protected], it added.



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