E-auction for broadcast of India's home games attracts massive bids


With no conclusive outcome by the end of the second day of bidding, the auction has been carried forward to Wednesday, April 5 when bidding will resume at 11 am. "I write on behalf of the BCCI, the owner and licensor of media rights for the IPL 2018 ("the Event"). But yes, it should end at something around Rs 55-60 crore per match", the official said.

The top bid in the online auction of the Indian cricket board's worldwide and domestic media rights for the period April 15, 2018-March 31, 2023 stands at Rs 4,244 crores, it was revealed on Tuesday. It is still not known who actually is leading the bidding war but the difference between the top two is only about Rs 28 crores.

First day of e-auction stops at Rs 4442 crore Star India had bought the consolidated rights for the property in September past year for an eye-popping Rs 16,347.5 Cr. At present, the BCCI was getting Rs 43 crore per match based on the previous TV rights.

Trump Seeks to Resolve Stormy Daniels Lawsuit in Arbitration
They want the federal court to enforce the Federal Arbitration Act in their favor and push the salacious case back behind closed doors.

This has left Star, Sony and Jio as the only bidders in fray for the five-year rights.

The participants got an hour to raise their bid, after every round, until 6PM. The identity of the bidder is also kept secret and the bids can be seen only by those participating in the auction.

While six companies showed intent to bid, only the three now involved in the bid process chose to bid actively.

Prince Harry & Meghan Markle Make Another Big Decision for Their Wedding Day
Morton claims that Engelson can "barely contain his anger" towards his ex despite the fact they split five years ago. The duchess-to-be's signature sunnies pretty much instantly sold out when she was first spotted in them.

The Star network has already acquired rights for the IPL. Not to forget new player Jio. The GCR is one consolidated bid for the 102 matches to be played between April 1, 2018 to March 31, 2023 and it includes both TV and digital rights.

The bidding process, that began at 2PM IST, saw three packages of rights on sale - Global Television and Rest of the World Digital Rights (GTVRD), Indian Subcontinent Digital Rights (ID), and the Global Consolidated Rights (GCR).

For the next four years, the base price is Rs 40 crore for consolidated global rights with Rs 33 crore for global TV/RoW digital rights, and Rs 7 crore for the Indian sub-continent rights.

Near North chair confident province will fund high school consolidation work
The rally is happening after hundreds of teachers called in sick Friday to protest last-minute changes to their pension system. I got another shock when I met Mickey Miller, a high school economics teacher in Tulsa and co-founder of the OTU with Cagle.

Related news:

Hot News

isis-killer-beheading-video-story-top Saban says "Shop Talk" will continue despite LeBron James complaint
Apr 05, 2018 - 08:16
It features James and friends, business associates, and sports and pop culture figures conversations while getting haircuts. I didn't know anybody owned that.

isis-killer-beheading-video-story-top Day 2 of Oklahoma teacher protest
Apr 05, 2018 - 08:15
With the kids out of school, different options on where they can go while parents are at work have been popping up. But some educators - who haven't seen a pay increase in 10 years - say that isn't good enough and walked out.

isis-killer-beheading-video-story-top Cynthia Nixon talks politics with Wendy Williams
Apr 05, 2018 - 08:10
Since then she's had minor roles in series, most notably Broad City , but has really taken a new path since running for NY governor.

isis-killer-beheading-video-story-top Facebook VP justified bullying, terrorism as costs of network's 'growth'
Apr 04, 2018 - 00:31
Zuckerberg stood by Bosworth, who goes by the nickname Boz, while distancing himself from the memo's contents. At least some Facebook critics accepted Bosworth's defense that he'd merely been trying to provoke.

isis-killer-beheading-video-story-top Tiangong-1: Pioneer of China's space station
Apr 04, 2018 - 00:30
Such a practice, frowned upon in the global space community, has been written off as a major blot on China's space program . And finally, a rain of whatever remained sprinkled the South Pacific, northwest of Tahiti and fairly close to Samoa.

isis-killer-beheading-video-story-top Washington Wizards: The return of John Wall and how much he means
Apr 04, 2018 - 00:28
The Wizards have six games left before the playoffs begin, and each game matters as they continue to fight for seeding. Are they a force to be reckoned with going forward? "I've been doing this for too long".

isis-killer-beheading-video-story-top One Dead After Using Synthetic Marijuana
Apr 04, 2018 - 00:26
Synthetic cannabinoids are sold in convenience stores, gas stations, drug paraphernalia shops, novelty stores and even online. Allison Arwady, chief medical officer at the Chicago Department of Public Health.

isis-killer-beheading-video-story-top India team doctor reprimanded for Commonwealth Games needle infringement
Apr 04, 2018 - 00:25
Cayman is one of 14 Caribbean countries and territories participating in the Games, and one of 71 from across the globe. It's a norm that randomly many athletes are tested before the Games begin.

isis-killer-beheading-video-story-top Elise Hance: US still not doing enough to address opioid crisis
Apr 04, 2018 - 00:23
"There Are a Lot of Us": Share that you are one of millions (maybe a hundred million Americans) who suffer from chronic pain. This happens because opioids release a hormone in the brain, called dopamine, which gives a person the feeling of a high.

isis-killer-beheading-video-story-top ESPN's New Streaming Service, ESPN+, Is Set To Launch On April 12
Apr 03, 2018 - 01:52
A Disney branded service featuring content from Disney , Pixar , Marvel & Lucas Film is scheduled to launch next year. ESPN unveiled its new streaming service, which it's calling " ESPN +", on Thursday, April 12.

isis-killer-beheading-video-story-top Hill Street Blues Creator Loses Cancer Battle
Apr 03, 2018 - 01:51
NY producer and screenwriter Steven Bochco , remembered for series as a sad song on Hill Street Blues , Law of Los Angeles (L.A. Law) and NYPD ( NYPD Blue ), has died on Monday at 74 years, as reported media Locals, quoting ir close friends .

isis-killer-beheading-video-story-top Kremlin Aide: Trump Invited Putin To White House During Phone Call
Apr 03, 2018 - 01:50
He expressed the hope that Russian Federation and the United States could return to "constructive and serious dialogue". Trump and other officials will take turns reading books and a station for kids to make greeting cards for USA troops.

isis-killer-beheading-video-story-top May Institute Promotes Awareness, Acceptance, and Appreciation of Individuals with Autism
Apr 03, 2018 - 01:49
This is what the special educators had to say to News Today today, which is observed as World Autism Awareness Day (2 April). Fifteen-year-old Marshall Scarpulla is one of three children in his family with autism .

isis-killer-beheading-video-story-top Zidane tells Real Madrid players not to expect Cardiff's miracle against Juve
Apr 03, 2018 - 01:49
They trail leaders Barcelona by 13 points in the league and were knocked out of the Copa del Rey by Leganes. But the former French World Cup victor added: "I would have liked to avoid Juventus , for lots of reasons".

isis-killer-beheading-video-story-top President Trump congratulates Egypt's President Sisi on election win: MENA
Apr 03, 2018 - 01:49
Officials said that if any such incidents took place they were not state-sponsored and extremely limited. State media had portrayed failure to vote as a betrayal of Egypt.