IPL is one of the most famous cricket leagues watched all over the world. Every stable media group wants to get IPL media broadcasting rights. Therefore, The Indian Premier League Broadcasting Right (2023-27) has been sold for a whopping amount ₹48,390 crores (US$6.2 billion). It’s a huge jump after the 2018-22 cycle bidding war. Indian Premier League (IPL) is the second most popular sports event after the United States National Football League (NFL).
In IPL there will be two separate broadcasters in the 2023-27 cycle for the subcontinent for the first time. In addition, Star India has won the IPL broadcasting rights for INR 23,575 crore from 2023-27, while Viacom18 and Times Internet have won the IPL digital rights for the same period at INR 23,758 crores.
The BCCI Secretary Jay Shah confirmed on Tuesday. And said in his tweet. “Since its inception, the IPL has been synonymous with growth & today is a red-letter day for India Cricket, with Brand IPL touching a new high with e-auction resulting in INR48,390 cr value.
IPL is now the 2nd most valued sporting league in terms of per-match value!” Furthermore, TV and digital media rights are divided into four packages. All these packages are discussed below.
IPL Broadcasting 2024
In this sedition, I will describe how BCCI has divided the broadcasting rights of IPL into 4 different packages in detail.
Package A, for television rights, had a base price of INR49 crore per game, and after the bidding war, the price was increased to INR57.5 crore per game. From 2023, Star India will pay INR4255 crore for 74 matches to the BBC annually.
In Package B, the digital rights for the region of the Indian subcontinent, Viacom18, will pay INR 20,500 crore for five years. It will equal INR50 crore per game. It will have a 51.51% rise from its base price. Breaking this down for 74 matches, Viacom18 will pay INR3700 crore for 74 matches of IPL to the BCCI.
Furthermore, this might increase to INR4200 crore for 84 matches, and lastly, INR4700 crore to BCCI if the number of IPL matches touches 94. In Package C, Viacom18 will Pay an extra INR2991 crore for digital rights 18 non-exclusive m. marquee games.
The rest of the world’s overseas TV and digital rights in Package D. Times Internet and Viacom18 will pay INR1058 Crore (Total) for five years. The base price per match is INR3 crore.
IPL Broadcasting Rights – Disney HotStar
Disney Star is an Indian media conglomerate and an owned subsidiary of the Walt Disney Company India. It is a famous entertainment platform in India, and Its main headquarters is in Mumbai, Maharashtra. Moreover, the Disney Hotstar network runs more than 70 TV channels. Disney Star reached out to 9 of 10.
How can I subscribe to Disney+hotstar?
Disney + Hotstar is a fantastic option to watch Live cricket and entertainment in India. To subscribe to Disney + Hotstar First, open a browser and visit hotstar.com go to the homepage and click the subscribe button on the top right.
Now, on the screen, select the plan of your choice. After that, register using your mobile number and then OTP. At last, enter your payment details. Moreover, you can get a free Disney + Hotstar VIP subscription with Airtel and Jio prepaid plans.
Viacom18 for Digital Rights
Viacom18 is an India media private Limited. It is an entertainment joint venture between TV18 and Paramount Global based in Mumbai. It was founded in 2007. Furthermore, Viacom18 has various channels. Moreover, you can watch live cricket and other entertainment on Viacom18.
How can I watch the IPL match in Viacom18?
You can watch IPL matches in VOOT online. VOOT is an Indian digital streaming service from the house of Viacom18. You can easily Watch HD Streaming TV Channels Online For Free. Moreover, Viacom18 provides a variety of entertainment and live sports. Therefore, you can watch The Latest TV Shows, Videos & Movies, and Viacom 18 Network TV Channel Serials On Voot.
After the World Cup, the Indian Premier League (IPL) is the most watched and followed tournament worldwide. That, competition is tough in IPL matches, and competition is tough in bidding for IPL 2024 Media and Broadcasting rights. We saw the media rights had sold 3 times higher for the previous cycle.
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