IPL media rights News: At present, the hype of IPL is overshadowed by every cricket lover. Every evening a large number of spectators watch the IPL with great enthusiasm. The IPL is being broadcast live on the Star Sports network, but for the next few seasons, it is going to be in the media rights auction once again.
The media rights for the next round (2023–27) of the Indian Premier League (IPL) have been classified into four packages. Many big brands- Sony, Disney, TV18-Viacom, Zee, and Amazon have also bought Invitation to Tender (ITT). These are the names of companies that have come to the fore so far, but there are many others that have not yet been confirmed.
Big bid for media rights
Apart from this, the deadline for buying ITT has been set as May 10. All the companies will bid for the rights in the e-auction to be held on June 12. The BCCI (Cricket Board of India) has fixed a combined base price of around Rs 33,000 crore for the media rights for 2023-2027, which is double the amount being paid by Star India for the existing rights.
Media rights divided into 4 packages
- According to news agency PTI, the base price of Package A (Indian Subcontinent TV Rights) is Rs 49 crore for each match.
- The base price of Package B (Indian Subcontinent Digital Rights) is Rs 33 crores per match whereas Package C (Non-Exclusive Digital Rights) has a base price of Rs 16 crores per match.
- Package C will have only 18 matches which includes playoffs and finals.
- The base price for Package D (TV and digital rights for the rest of the world) has been fixed at Rs 3 crore each match.