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.
Related Articles
Bollywood
Mast Mein Rehne Ka: Jackie and Neena Gupta film is feel-good and effortless
Leave aside good messaging or bad, strong filmmaking or not — we’re witnessing a spanking-new mini-renaissance in Hindi cinema. After the staid and occasionally engaging Sam Bahadur and baffling monstrosity that was Animal, two films […]
India
AAP picks Maliwal for RS, Sanjay Singh renominated
New Delhi (TIP) – The Aam Aadmi Party (AAP) on Friday, January 5, nominated Delhi Commission for Women (DCW) chairperson Swati Maliwal to the Rajya Sabha, and renominated sitting parliamentarians Sanjay Singh and ND Gupta […]
Indian Americans
Indian American Himesh Gandhi appointed to Texas public accountancy board
AUSTIN (TIP): Texas Governor Greg Abbott has appointed Indian American attorney Himesh Gandhi to the Texas State Board of Public Accountancy that ensures that certified public accountants (CPAs) have the necessary skills and competence. Gandhi […]

1 Trackback / Pingback