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MUMBAI: The Prasar
Bharati appears to have decided to let DD Sports go free.
CEO
KS Sarma told the press on Monday while in Chennai that
the public broadcaster is talking to Modi Entertainment
Network with which it has an agreement for distribution,
to change the pay channel into a free one, as the channel
is currently drawing in revenues hardly touching Rs 200
million.
Conceived to promote local sports, DD Sports has about 27
days of cricket allotted by the Board of Cricket Control
in India. That apart, the channel has only a few more fortnights
of cricket whenever there is a World Cup or ICC tournament.
Sarma, on a visit to meet cable operators, reportedly told
newspersons that Prasar Bharati has entered into a joint
venture agreement with the Global Cricket Corporation (GCC)
for terrestrial broadcast rights for the Champions Trophy
and World Cup 2003. The agreement stipulates that Prasar
Bharati would receive a payment of Rs 10 million per match;
the revenue earned from the match would be shared on 80:20
basis in favour of GCC.
As part of a plan to bolster its finances, Prasar Bharti
was also looking at possibilities of exploiting prime properties
on which its stations were located in 272 cities and towns
across the country, Sarma said.
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