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Updated - 14 June 2022 6:21 pm Live

IPL Media Rights Tender LIVE UPDATES: OFFICIAL – Star bags TV rights, Viacom 18 secures digital

The e-auction is set to take place on June 12. Get all news and updates in this article.

SportsTiger Staff Administrator
14 June 2022 6:21 pm
IPL Media Rights Tender LIVE UPDATES: OFFICIAL – Star bags TV rights, Viacom 18 secures digital

The Indian Premier League (IPL) has gradually established itself as one of the biggest sporting leagues in the world. While it is certainly the biggest from the sport of cricket, across sport it still has some distance to cover before it can compete with the other lucrative leagues worldwide. For the same reason, a lot of eyes will be on IPL Media Rights Tender as the IPL broadcasting rights are set to be sold for a record number.

The Board has divided the whole process into a total of four packages (A, B, C, and D). Package A – TV exclusive rights only for the Indian subcontinent.

Package B – Digital only rights for the Indian subcontinent.

Package C – Non-exclusive matches rights which will include the the tournament opener, and couple of evening weekend games, final, and playoff matches. Out of 74 matches Package C will include a total of 18 games.

Package D – Rights to show the matches outside the Indian subcontinent.

The organising board – the Board of Control for Cricket in India (BCCI) is set to get a record-breaking sum in their e-auction for the IPL Broadcasting rights and have issued an IPL Media Rights Tender for the same. Even the International Cricket Council (ICC), Cricket Australia (CA) and England & Wales Cricket Board (ECB) among other boards and stakeholders are keeping a close eye on the developments.

Follow all the updates here.

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Updated - 14 June 2022 6:21 pm Live

IPL Media Rights Tender LIVE UPDATES: OFFICIAL – Star bags TV rights, Viacom 18 secures digital

The e-auction is set to take place on June 12. Get all news and updates in this article.

SportsTiger Staff Administrator
14 June 2022 6:21 pm
IPL Media Rights Tender LIVE UPDATES: OFFICIAL – Star bags TV rights, Viacom 18 secures digital

The Indian Premier League (IPL) has gradually established itself as one of the biggest sporting leagues in the world. While it is certainly the biggest from the sport of cricket, across sport it still has some distance to cover before it can compete with the other lucrative leagues worldwide. For the same reason, a lot of eyes will be on IPL Media Rights Tender as the IPL broadcasting rights are set to be sold for a record number.

The Board has divided the whole process into a total of four packages (A, B, C, and D). Package A – TV exclusive rights only for the Indian subcontinent.

Package B – Digital only rights for the Indian subcontinent.

Package C – Non-exclusive matches rights which will include the the tournament opener, and couple of evening weekend games, final, and playoff matches. Out of 74 matches Package C will include a total of 18 games.

Package D – Rights to show the matches outside the Indian subcontinent.

The organising board – the Board of Control for Cricket in India (BCCI) is set to get a record-breaking sum in their e-auction for the IPL Broadcasting rights and have issued an IPL Media Rights Tender for the same. Even the International Cricket Council (ICC), Cricket Australia (CA) and England & Wales Cricket Board (ECB) among other boards and stakeholders are keeping a close eye on the developments.

Follow all the updates here.

14 Jun 2022, 6:20 pm

IT’S OFFICIAL!! – Star bags TV rights, Viacom digital

14 Jun 2022, 4:15 pm

IPL Media Rights crosses 47 crore mark

Total Values Package A: INR 23,575 cr Package B: INR 20,500 cr Package C: INR 3,273 cr

14 Jun 2022, 3:53 pm

Package C closes at INR 33.24 crore per game: Reports

According to reports, Package C has been secured at INR 33.24 crore per game. Notably, the base price for Package C was 16 crore.

14 Jun 2022, 2:33 pm

Bidding for Package C touches 2400 crore mark

A tight tussle going on between Viacom and Disney for Package C. The Package is now touching INR 2,400 crore mark. The base price was INR 1568 crore.

14 Jun 2022, 2:03 pm

IPL overtakes EPL, MLB to become second costliest sports league in world

Media Rights of major Leagues around the world (per match)
NFL – $17m (approx. INR 132 crores)
IPL – $13.5m (approx. INR 105 crores)
EPL – $11m (approx. INR 85 crores)
MLB – $11m (approx. INR 85 crores)
NBA – $2m (approx. INR 15 crores)

14 Jun 2022, 11:46 am

Viacom secures Package D: Reports

According to reports, Viacom has secured Package D of IPL Media Rights.

14 Jun 2022, 11:30 am

The bid of IPL Media Rights crosses 46,000 crores

The bid of IPL Media Rights has crossed 46,000 crore mark. Currently, the bidding is going on for Package C.

14 Jun 2022, 11:10 am

Day 3 of IPL media rights auction is underway

Day 3 and probably the final day of IPL Media Rights Auction is underway. The bidding continues for Package C.

13 Jun 2022, 7:03 pm

Another twist in the IPL Media Rights race, Disney pips others to win package A

In another twist in the IPL Media Rights race, it is Disney who has pipped others to win the TV broadcast rights. There seems to be more clarity on the digital rights which has certainly been bagged by Viacom 18.

13 Jun 2022, 6:12 pm

Sony wins TV bid, Viacom 18 claims digital rights

Sources close to the development have confirmed that Sony has won the bid for TV while it is Viacom 18 who will have the streaming rights for the period 2023-27. As of now, Package A+B has fetched Rs 44,075 crore for 410 games.

13 Jun 2022, 4:06 pm

Confirmation expected by evening

An official confirmation regarding the names is expected by evening. It is pertinent to note that the e-auction is held in a confidential manner which means that speculations can turn out to be fiction in the end. Waiting for the official word.

13 Jun 2022, 3:40 pm

IPL to have two separate broadcasters

Meanwhile, it is clear from multiple sources that the biggest T20 league in the world will have two separate broadcasters. This means the winner of package A has not managed to get hold of package B implying a different broadcaster for TV rights and a separate broadcast group for the digital streaming rights.

13 Jun 2022, 3:23 pm

Viacom 18 gets digital streaming rights for IPL, claim unconfirmed media reports

Unverified media reports have claimed that it is Viacom 18 that will get the digital streaming rights for the Indian Premier League between the period 2023 to 2027. The bid was won at a valuation of 50 crore per match. A confirmation is awaited from the Board of Control for Cricket in India (BCCI).

13 Jun 2022, 2:59 pm

Packages A and B of IPL Media Rights sold

The broadcast and digital IPL Rights in Packages A and B are finally sold. Digital Rights have touched INR 50 Cr per match while the TV Rights remain stagnant at INR 57.5 Cr. The total value has now reached INR 107.5 Crore per game.

13 Jun 2022, 2:27 pm

Digital rights re-bidding begins

Re-bidding for the Package B which comprises digital rights has started.

13 Jun 2022, 1:30 pm

Winning bid for Package B challenged

Package A winner has challenged the winner of Package B. The auction will resume at 2 PM.

13 Jun 2022, 12:35 pm

IPL Media Rights Sold: 57.5 Cr for TV & 48 Cr for Digital | FULL UPDATE

Here is the full update about the sale of packages A and B in the IPL Media Rights tender auction.

13 Jun 2022, 12:25 pm

Can it be bid further? Here’s what can be done

Although we have the Package A & B winners, the Package A winner can still challenge the Package B winner for the Digital Rights. In case this happens, the RE-BIDDING for the Package will be done post 2 PM.

13 Jun 2022, 12:24 pm

IPL TV and Digital Rights sold

The TV and Digital Rights for India are sold now. INR 57.5 Cr for TV and INR 48 Cr per match for digital have been set for the IPL Media Rights. However, it is not yet known that who has taken these rights.

13 Jun 2022, 12:07 pm

Package A and B sold for overnight score

Package A – IPL Broadcast Rights Package SOLD at INR 57.5 CR Package B – IPL Digital Rights SOLD at INR 48 CR

13 Jun 2022, 11:35 am

Current reported prices for Package A & B

According to the latest information, Package A is currently at 23,370 Cr (57 Cr Per Match) and Package B of Digital Rights for India is at 19,700 Crore (48.04 Cr Per Match).

13 Jun 2022, 11:18 am

Day 2 Bidding process starts now

The second day of the e-auction has begun. Will we get the results today? Stay tuned for all the LIVE UPDATES around the ongoing IPL Media Rights Tender here

12 Jun 2022, 9:32 pm

It’s a wrap on Day 1

That's that from Day 1 of the Media Rights auction. We will be back tomorrow bringing everything in and around the bidding war. Who knows perhaps June 13 is the date we get to know the winner of the media rights? Stay tuned with SportsTiger for other news and updates until then.

12 Jun 2022, 6:22 pm

Day 1 of IPL Media Rights Auction has ended

Day 1 of the IPL Media Rights Auction has ended. The bidding tussle is set to resume at 11 am (IST) on Monday.

12 Jun 2022, 5:08 pm

Media rights bids currently at 43,000 crore, heading towards 50,000 crore

The media rights bids are reportedly standing at the 43,000 crore mark. While the IPL Digital Rights bid has crossed the 19,000 crore figure, the bids for the broadcastings rights is currently at 24,000 crore- implying a total of 43,000 crores. Notably, the figures are specified for the rights pertaining only to the Indian subcontinent.

12 Jun 2022, 3:38 pm

Broadcasting rights’ bids cross 40,000 crore mark: Reports

As per credible media reports and journalists, the bids have already crossed the 40,000 crore mark.

12 Jun 2022, 3:24 pm

IPL generates more revenue than English Premier League: Sourav Ganguly

In another massive claim made by the Board of Control for Cricket in India (BCCI) President Sourav Ganguly, the former India captain has said that the Indian Premier League generates more revenue than the English Premier League. "I've seen the game evolve, where players like me earned a few hundred and now have the potential of earning crores. This game is run by the fans, by the people of this country, and by the BCCI, which was formed by cricket fans. This sport is strong and will continue to evolve. The IPL generates more revenue than the English Premier League. It makes me feel happy and proud that the sport I love has evolved to become so strong," Ganguly said during his interaction at the India Leadership Council Event.  

12 Jun 2022, 2:51 pm

Lalit Modi makes bold prediction, suggests IPL rights can fetch $10 billion

The First Chairman of the Indian Premier League, Lalit Modi, made a bold prediction regarding the valuation of the ongoing media rights e-auction. He suggested that the bidding war could fetch up to 10 billion dollars, thanks to the digital boom in India. "The explosion in the digital space, which we first explored briefly back in 2010, is now a reality. Every life is dictated by the mobile phone and IPL will be no different. Linear TV is still very much the lifeline for an Indian audience. So that is going nowhere. Now add the digital boom and the strength of Linear TV, and we have close to 10 billion dollars," Modi wrote in his blog.

12 Jun 2022, 2:26 pm

1st day auction to go on till 6 PM IST

Day 1 of the e-auction is set to go on till 6 pm as per the Indian Standard Time (IST). Moreover, it has been reported that currently there is a short break which started from 01:30 pm. The bidding war will resume at 03:30 pm. BCCI officials have confirmed that all bidders are still pretty much in contention but refused to delve deep into any specific numbers.

12 Jun 2022, 2:16 pm

Winners of media rights unlikely to be announced on Sunday

Unlike the IPL player auctions which is a fast-paced process and the auctioneer is quick to put his hammer down, the media rights auction takes time. The parties are sometimes allowed a time of up to 30 minutes to make a bid before the hammer comes down. In this case, the process is easily expected to get over on Monday and hence an announcement of the winners will be made either late on Monday evening or Tuesday.