The BCCI is set for a windfall of gigantic proportions as the IPL broadcast rights (TV and digital) could fetch the Board up to USD 5 billion for the next five-year cycle (2023-2027) while some high-profile interest is being seen in the bidding process for the two new teams. The current five-year rights (TV and digital) for IPL from 2018 to 2022 are with Star India but, according to people who are in decision-making capacity, the valuation, which is at Rs 16,347.50 crore (USD 2.55 billion) right now, could more than double and reach USD 5 billion (around Rs 36,000 crore approx at current exchange rate). “There is a well-known US based company which did send BCCI feelers some time back, expressing their serious interest in bidding for IPL media rights. With 10 teams playing IPL from 2022, the matches will go up to 74 and in any case, the valuation of the property increases,” a senior BCCI said.
Indian Americans
Indian community mourns tragic death of 4 compatriots who drowned at unpatrolled beach in Phillip Island, Australia
MELBOURNE (TIP) : The Indian community in Australia is mourning the tragic death of four compatriots, including three women, who drowned at an unpatrolled beach in Phillip Island this week. Jagjeet Singh Anand, a 23-year-old […]
Science & Technology
Google unveils new next-gen Nest cameras, doorbell
San Francisco (TIP): With an aim to offer more security and privacy to its users, Google on Thursday unveiled a new line of home security cameras and a doorbell under its Nest brand. The new […]
United States
Society has ‘polarized’ during last nine years: Congress leader Sam Pitroda
WASHINGTON, D.C. (TIP): In the last nine years, the country has “polarized” and a very small percentage of people have really concentrated power and wealth, senior Congress leader Sam Pitroda has alleged. Pitroda is the […]
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