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Wednesday, March 23, 2011

Times Internet bags IPL Internet rights deal

Times Internet Ltd, part of The Times of India group, has won the
global Internet,mobile and radio rights for the Indian Premier League
(IPL) cricket tournament for four years along with broadcast rights
for certain territories from 2011 to 2014, having bid Rs 261.6 crore.

Multi Screen Media, which owns the SET and MAX channels, has the
Indian Premier League television broadcasting rights for the Indian
sub-continent until 2017.

BCCI has been given Green signal to proceed with the tenders by the
Supreme Court for new global telecast rights for IPL 2011, beginning
from April 8 2011.Earlier BCCI had cancelled World Sports Group media
rights, on grounds of improper payment of a facilitation fee worth
4.25 billion. Facilitation fee controversy came to light when World
Sports Group India claimed worldwide telecast rights of Indian Premier
League from 2008 to 2017, in return for $1 billion. MSM secures
broadcasting rights in India from WSG Mauritius.WSG Apart from global
TV rights, also had other rights including the Internet,
live-streaming with delay and mobile rights.Google Inc's YouTube
platform also signed last year a two-year deal to stream the
matches.Global Cricket Ventures got deal from WSG after agreeing to
pay BCCI Rs 25 crore annually for the Google deal

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