Sony back as Indian Premier League broadcaster in new Rs 8,200-crore agreement
The domestic telecast rights for the second season of the Indian Premier League (IPL) will remain with Multi Screen Media (earlier known as Sony Entertainment Television). In a press release issued late on Wednesday, IPL announced that MSM and World Sports Group (WSG), the global rights holder, were now the official broadcast partners for the league.
Wednesday’s deal, worth a staggering Rs 8,200 crore—almost double last year’s ten year agreement—is valid for the next nine years through 2017 and provides MSM with the exclusive audio-visual rights for all 59 matches of the upcoming season, which is scheduled to start on April 18 in South Africa, the release said.
Telecast rights for the hugely popular cricket tournament have been in the news ever since Sony sued the Board of Control for Cricket in India (BCCI), owners of IPL, over the sudden termination of its agreement on March 15.
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Wednesday’s deal, worth a staggering Rs 8,200 crore—almost double last year’s ten year agreement—is valid for the next nine years through 2017 and provides MSM with the exclusive audio-visual rights for all 59 matches of the upcoming season, which is scheduled to start on April 18 in South Africa, the release said.
Telecast rights for the hugely popular cricket tournament have been in the news ever since Sony sued the Board of Control for Cricket in India (BCCI), owners of IPL, over the sudden termination of its agreement on March 15.
To read the full article, click here..
To read the ePaper, visit: http://epaper.financialexpress.com/
Labels: BCCI, IPL, IPL broadcaster, Multi Screen Media, popular cricket tournament, Sony Entertainment, South Africa, telecast rights
