Star India bags IPL media rights for Rs 3.02 billion

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MUMBAI: Novi Digital Entertainment, a wholly-owned subsidiary of Star India, has bagged the IPL media rights for Rs 302.2 crore (Rs 3.02 billion) from 2015-2017. The reserve price for the three-year rights was set at Rs 120 crore (Rs 1.2 billion). The BCCI had received bids from Times Internet, Multi Screen Media (MSM) and Novi Digital Entertainment. “Our partnership with Novi Digital Entertainment augurs well for the Pepsi IPL as well as the millions of fans who follow the tournament and we are delighted to commence an association with the organisation whose bid was found to be the most deserving,” BCCI secretary Sanjay Patel. In the previous four-year cycle, a consortium of Times Internet Ltd (TIL) and Nimbus Communications had won the rights for Rs 261.6 crore (Rs 2.62 billion). The BCCI had last month floated a tender for IPL media rights for 2015, 2016 and 2017 seasons. The package includes internet and mobile rights for Indian subcontinent and rest of the world, besides broadcast rights for certain territories.

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Novi Digital Entertainment, a wholly-
owned subsidiary of Star India, has bagged the
IPL media rights for Rs 302.2 crore (Rs 3.02
billion) from 2015-2017.

The reserve price for the three-year rights was
set at Rs 120 crore (Rs 1.2 billion).

The BCCI had received bids from Times Internet,
Multi Screen Media (MSM) and Novi Digital
Entertainment.

“Our partnership with Novi Digital Entertainment
augurs well for the Pepsi IPL as well as the
millions of fans who follow the tournament and
we are delighted to commence an association
with the organisation whose bid was found to be
the most deserving,” BCCI secretary Sanjay
Patel.

In the previous four-year cycle, a consortium of
Times Internet Ltd (TIL) and Nimbus
Communications had won the rights for Rs 261.6
crore (Rs 2.62 billion).

The BCCI had last month floated a tender for IPL
media rights for 2015, 2016 and 2017 seasons.
The package includes internet and mobile rights
for Indian subcontinent and rest of the world,
besides broadcast rights for certain territories.

Star India bags IPL media rights for Rs 3.02 billion | TelevisionPost.com
 
Sony Max HD will not b launched now becoz Star India got rights of IPL also..:tup :tup
 
Harry.S said:
Sony Max HD will not b launched now becoz Star India got rights of IPL also..:tup :tup

This is media rights not television broadcasting rights. Sony has the tv broadcasting rights till 10th season.
 
RE: What Star India’s acquisition of IPL 2015 digital rights mean for Cricket

:huh:huh:s:s:wall:no:k:lol
 
RE: What Star India’s acquisition of IPL 2015 digital rights mean for Cricket

SarfaRaZ said:
:huh:huh:s:s:wall:no:k[emoji38]
Whats happened bro,

Confused? ?
 
RE: What Star India’s acquisition of IPL 2015 digital rights mean for Cricket

Devesh said:
Whats happened bro,

Confused? ?

Yeah bhai 2-3 threads running on same topic :k
 
RE: What Star India’s acquisition of IPL 2015 digital rights mean for Cricket

SarfaRaZ said:
Yeah bhai 2-3 threads running on same topic :k
Me too confused...
 
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