IPL rights sell for $ 6.2 bn; winners Disney, Viacom18, Times Internet

IPL rights sell for $ 6.2 bn; winners Disney, Viacom18, Times Internet

The Indian cricket board BCCI on Tuesday reaffirmed its status as a cricketing behemoth by securing one of the biggest broadcast deals in the history of the sport, fetching an eye-popping Rs. 48,390 crore (USD 6.2 billion) through IPL media rights for a five-year period, starting 2023.


IPL: Numbers in line with estimates of Rs. 50k cr

IPL: Numbers in line with estimates of Rs. 50k cr

By Karan Taurani /Elara Caps  - As per media reports, Star has bagged TV media rights for IPL at around 23,500cr , which is a premium of 30% over the base price, in line with expectation as TV medium is largely matured and subject to tepid mid to high single digit ad growth; concerns persist on subs revenue front whi...


IPL TV & digital rights fetch BCCI Rs. 44,075 cr.

IPL TV & digital rights fetch BCCI Rs. 44,075 cr.

On the second day of bidding for TV and digital media rights of IPL cricket on Monday, the Indian cricket board, according to industry sources, bagged a whopping Rs. 44,075 crore for 410 matches.

Amidst rumours and, at times, some wild speculations on the successful bidders for the T...


MSD is Garuda Aerospace brand ambassador, investor

MSD is Garuda Aerospace brand ambassador, investor

Cricketer Mahendra Singh Dhoni has been picked as the brand ambassador of drone startup Garuda Aerospace, the company announced on June 6. He will also be one of their shareholders. Chennai-based Garuda Aerospace had recently announced its plans to support agriculture. The company said in April that it was working on a model to sell drones...


Sportrader appoints Oscar Brodkin as MD, APAC

Sportrader appoints Oscar Brodkin as MD, APAC

Sportradar announced the appointment of Oscar Brodkin as Managing Director, Asia Pacific (APAC). He will report directly to Eduard Blonk, Chief Commercial Officer. Based in Singapore, Brodkin’s new role as Managing Director APAC will oversee the business and sales functions at Sportradar and will be responsible for driving business strateg...