The new media rights agreement for Indian cricket should be finalized by July. The new contract for the 2023–27 cycle will be signed by July, according to Jay Shah, and will begin with the three-match ODI series against Australia in September.
For the brief series against Afghanistan in June, a transitional arrangement is probably put in place.
The Afghanistan tour will determine when the BCCI Media Rights tender takes place this year (June–July), but it’s more likely that it will begin with the Australia series. Shah, who had previously been in charge of overseeing the sale of IPL rights, stated on Friday that the Board would consult with all parties involved and would then make an interim decision.
As a result of the BCCI’s contract with Disney Star expiring in March. The Indian cricket governing body is currently without a formal media partner for domestic bilateral cricket.
The BCCI may need to make do with a temporary arrangement because of a three-match ODI series scheduled for June. The likelihood of this was first noted by Cricbuzz on March 25.
The series is being planned for the weeks following the WTC final (June 7–12) in order to give the Indian team more ODIs to practice for the upcoming home World Cup in October–November.
According to Shah, the media rights tendering procedure should take at least 45 days, and the announcement is likely to happen soon. Shah suggested that it should be finished by July.
The three main competitors will be Disney Star, Sony-Zee, and Viacom. The competition may also include FanCode.
The board will consult with a third party on how to conduct the tendering process to ensure revenue optimization. According to information provided by the BCCI secretary.
The IPL rights were sold last year for a record-breaking price of Rs 48,390 crore ($ 6 point 2 billion). Thanks in large part to the hiring of KPMG.
Additionally, Shah has confirmed plans to upgrade the venues all over India. Before the World Cup, all of the nation’s current infrastructure will be upgraded. According to Shah, who also revealed his plans to provide better facilities for the fans.
In this case, the BCCI has hired Grant Thornton to perform the necessary work. For providing poor fan amenities. The nation’s stadiums have come under fire.
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