Amazon out of IPL Media Rights race
Media rights winner announced on June 12
BCCI hopes to earn crores
The winner of the media rights will be announced on June 12, at a time when the IPL media rights movement is in full swing. BCCI expects to earn thousands of crores from it.
Only 4 companies are left in this race.
Take a look at the latest updates on IPL media rights
Following the IPL, BCCI has issued tenders for media rights from 2023 to 2027. So far, media rights have been held by Star Disney, but now another company is also in the race, including Reliance, Amazon, Star Disney, Sony and Zee.
However, yesterday Amazon dropped itself out of the race so now only 4 companies are in the race.
Tender in four different packages
However, media rights action is also important as tenders for TV and digital rights have been issued. This time different tenders have been issued which include TV rights, digital rights, overseas rights, playoff, match rights.
The four different packages are decided in such a way that 70 matches will be played per season for the first 5 years while 94 matches will be played per season in the last 2 seasons. The 6 companies that are in the race have asked for the rights of both TV and digital. There are many other companies that are excited about digital rights including Times Internet, Fun Asia, Dream11 Fancode. At the same time, Sky Sports, Super Sports are not coming forward for the rights of overseas.
BCCI earned Rs 16,347 crore from media rights last time but this time the tender base has crossed Rs 32,000 crore. Has decreased.
