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.
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| Star Group, owned by Rupert Murdoch, won 6-year deal to broadcast Indian Cricket for whopping Rs 3851 Crore |
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.
The matter has subsequently been referred for arbitration, with the Bombay High Court ruling that Nimbus must deposit Rs. 305 crores (approx US$60 million) with the court as security for the amount the BCCI claims it is owed by the company. Nimbus has also made a counter-claim of Rs. 600 crores (approx US$118 million) from the board.
The production rights, which were with Nimbus so far, have been scrapped by the BCCI. ESPNcricinfo understands that the BCCI might be thinking of owning the production rights itself instead of giving it to a private party. But a board official also made it clear that Star Group will have a far greater say in editorial matters compared to Nimbus. "They (Star) will not be taking things lying down like Nimbus. They have far greater experience in broadcasting and will want to have a bigger say in editorial matters," the board official told ESPNcricinfo.
The BCCI's marketing committee set the price for category A games at Rs. 31.25 crores per match (approx $6.1 million) plus Rs. 1 crore (approx $0.2 million) while category B games were set at Rs. 34 crores (approx $6.67 million) plus Rs. 1 crore. The contract with Nimbus had a base price of Rs. 31.25 crores (approx $6.1 million) per game for each of the three formats purely for the broadcast rights.
The board did attempt to sell the internet rights separately last year, but the tender found no takers at the initial base price of Rs. 3 crores (approx $0.6 million) or its subsequently reduced price of Rs. 2 crores (approx $0.4 million).
The production rights, which were with Nimbus so far, have been scrapped by the BCCI. ESPNcricinfo understands that the BCCI might be thinking of owning the production rights itself instead of giving it to a private party. But a board official also made it clear that Star Group will have a far greater say in editorial matters compared to Nimbus. "They (Star) will not be taking things lying down like Nimbus. They have far greater experience in broadcasting and will want to have a bigger say in editorial matters," the board official told ESPNcricinfo.
The BCCI's marketing committee set the price for category A games at Rs. 31.25 crores per match (approx $6.1 million) plus Rs. 1 crore (approx $0.2 million) while category B games were set at Rs. 34 crores (approx $6.67 million) plus Rs. 1 crore. The contract with Nimbus had a base price of Rs. 31.25 crores (approx $6.1 million) per game for each of the three formats purely for the broadcast rights.
The board did attempt to sell the internet rights separately last year, but the tender found no takers at the initial base price of Rs. 3 crores (approx $0.6 million) or its subsequently reduced price of Rs. 2 crores (approx $0.4 million).
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