Viacom18 Bags Indian Cricket Digital and TV Media Rights for Nearly Rs. 6,000 Crore

Viacom18 Bags Indian Cricket Digital and TV Media Rights for Nearly Rs. 6,000 Crore

ByNews Polite

Viacom18 on Thursday created a near monopoly in Indian cricket broadcasting sphere by bagging both TV and digital rights of the national team’s home series for the next five years with a cumulative bid of approximately Rs. 6000 crore, beating Star India and Sony in a three-way battle.  The BCCI had invited separate e-bids for both linear (TV) and digital for best price discovery. “Viacom18 paid Rs. 3101 crore (approximately) for digital and Rs….

Byju’s Said to Owe Over Rs. 80 Crore to BCCI, Paytm Wants to Exit as Title Sponsor

Byju’s Said to Owe Over Rs. 80 Crore to BCCI, Paytm Wants to Exit as Title Sponsor

ByNews Polite

Indian cricket team’s jersey sponsor Byju’s allegedly owes Rs. 86.21 crore as dues to the BCCI while title sponsor Paytm has requested the board to transfer its rights to a third party. It was only in April that the Edtech company and the BCCI had agreed on the extension of…