Cricket India: Star Group won US$750 million broadcasting deal for 6 years

Cricket India: Star Group won US$750 million broadcasting deal for 6 years

Mumbai : India | Apr 02, 2012 at 3:29 AM PDT
Views: Pending

MUMBAI, India (Mon, Apr 02) – Star TV India has won BCCI deal for domestic TV rights in India. Star Group, owned by Rupert Murdoch, have won the right for a period of about 6 years from 2012-2018 for US$750 million (approximately Rs 3851 crore). The deal also includes internet and mobile rights of 96 matches to be played during this 6-year period.

The bid will cost US$7.86 million (about 40 crore) per match to Star Group, which is US$1.48 million more than the previous broadcaster – Nimbus, paying US$6.38 per match.

The other major bidder in contention was Sony, which presently owns the rights to broadcast the India Premier League (IPL) matches. The recent bid won by Star Group include all international cricket in India, and domestic competitions like the Ranji Trophy and Irani Trophy.

The BCCI has to issue a new tender after it discontinued its previous contract with Nimbus in December 2011, due to non-payment with respect to contract.

madn3wz is based in Faisalābād, Punjab, Pakistan, and is an Anchor on Allvoices.
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