Monday, March 21, 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.

Related News On >> IPL News, IPL 2011

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