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IPL Media Rights Auction 2022 Highlights: Star India, Viacom18 and Times Internet win IPL media rights; total rights sold for Rs 48,390 crore

THE TIMES OF INDIA | Jun 14, 2022, 20:03:38 IST

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IPL Media Rights Auction 2022 Highlights: Star India, Viacom18 and Times Internet win IPL media rights; total rights sold for Rs 48,390 crore

IPL media rights auction highlights: The 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 48,390 crore (USD 6.20 billion) through IPL media rights for a five-year period, starting 2023. Stay updated with Times of India for all live updates of IPL Media Rights Auction 2022 on Times of India.

16:03 (IST) Jun 13

Bidding for Package C (non-exclusive digital package) and D (Overseas TV and digital rights) to begin in the next half an hour.

15:57 (IST) Jun 13

ICYMI | IPL TV and digital rights sold for Rs 44,075 crore

The IPL media rights value for the 2023-2027 cycle has been sold for a whopping Rs 44,075 crore for 410 matches on Monday as per sources in the ongoing e-auctions. According to the latest information with ANI, Package A of TV is sold at Rs 23,575 crore which is Rs 57.5 crore per match and Package B of Digital Rights for India is sold at Rs 20,500 crore which is Rs 50 crore per match. The details of who bid what is yet to come but the value for per match TV, and digital rights is Rs 107.5 crore. According to ANI sources, there are two media houses who have won the bid, one for TV and the other for digital. The media rights value has grown more than two and a half times than what Star India paid in the year 2017.

15:36 (IST) Jun 13

There is no official confirmation on who gets the Package A yet.

15:13 (IST) Jun 13

Viacom 18 takes Package B that covers digital rights for Indian sub-continent

14:54 (IST) Jun 13

TV goes at Rs 23,575 crore. Digital goes at Rs 20,500 crore. Total: Rs 44,075 crore for 410 matches. For packages A & B. IPL will have two separate broadcasters

14:44 (IST) Jun 13

A challenging B is over. Digital has touched Rs 50 crore per game. TV stays at Rs 57.5 crore. Total value Rs 107.5 crore

14:42 (IST) Jun 13

Just to remind that Star India were the current holders of the IPL rights for 2017-22 cycle, with a winning bid of Rs 16,347.50 crore for both TV and digital in September 2017. Previously, Sony Pictures Network won the IPL TV media rights for a period of 10 years during the inception of the tournament with a bid of Rs 8,200 crore

14:22 (IST) Jun 13

Apart from packages A and B, which are television and digital groupings for the Indian broadcast region, there are two more packages in fray as well -- like package C, which has 18-game non-exclusive special matches (base price of Rs 11 crore) and package D, which is rest of the world rights (base price of Rs 3 crore)

14:02 (IST) Jun 13

Bidding has started

13:55 (IST) Jun 13

IPL Media Rights Auction, Day 2: Bidding value for TV, digital goes up to Rs 43,255 crore

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13:49 (IST) Jun 13

There will be a re-bid between winners of TV and digital rights, starting shortly

13:49 (IST) Jun 13

The identity of the winners of the TV and digital rights bid is yet to be identified with no official word coming from the BCCI

13:42 (IST) Jun 13

The details of who bid what are yet to come but the value for per match TV, digital rights value surpasses Rs 105-crore mark. The media rights value grew two and a half times more than what Star India paid in the year 2017

12:33 (IST) Jun 13

A has gone to one party and B to another. So shootout will happen between A & B now before it moves to C

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12:25 (IST) Jun 13

Final prices for Packages A & B. A: 23575. B: 19680. Total value Rs 43,255 crore

12:16 (IST) Jun 13

Round Two for Package C should begin by 2 pm, if not earlier

12:14 (IST) Jun 13

Winner of Package A is all set to challenge winner of Package B at an incremental bid of Rs 1 crore. Will begin in some time from now

12:07 (IST) Jun 13

Just to confirm: Package A has Indian sub-continent exclusive TV (broadcast) rights while Package B covers digital rights for Indian sub-continent

12:07 (IST) Jun 13

Packages A (57.5) & B (48) haven't gone to the same Bidder or so it appears. Technically winner of A can challenge winner of B

12:06 (IST) Jun 13

Auction for Package A & B concludes. The figure stops at Rs 43,050 crore. Rs57 cr for TV. Rs 48cr for Digital

IPL Media Rights Auction 2022 Highlights: Star India, Viacom18 and Times Internet win IPL media rights; total rights sold for Rs 48,390 crore

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IPL Media Rights Auction 2022 Highlights: Star India, Viacom18 and Times Internet win IPL media rights; total rights sold for Rs 48,390 crore

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