Zee's bid highest, poised to win India cricket rights

NEW DELHI / MUMBAI: Talk about pulling a rabbit out of the hat. Zee Group CMD Subhash Chandra certainly chose a mighty big one in the India cricket rights bid when his company pipped all the "fancied" rivals to the post with a Rs 12.06 billion winning punt.

Zee Group CMD Subhash Chandra: Pulling cricket rights plug on his rivals?

The tenders for the live television and radio broadcast rights for international matches to be played in India for the next four years were opened at 2:30 pm. And it was Zee's bid of Rs 12.06 billion (some numerology here?) that according to industry sources came out "ahead by a nose" of close second Sony Entertainment Television India.

There is still some due process to be followed though, which is why the Board of Cricket Control in India (BCCI), which had called for the tenders last Saturday, cannot make any announcement just yet. Price Waterhouse Cooper, which had been mandated by the BCCI to vet all bid proposals, will complete its audit of all the bids and then submit its report.


Barring unforeseen hiccups, Zee's bid is expected to be ratified at the BCCI working committee meeting early next week after which a formal announcement that Chandra has taken cricket's "BIG ONE" will be made. The immediate question that flows out of this of course is what will Zee do with the rights? Look forward to an announcement of the launch of Zee Sports in due course once the deal has been signed and delivered.

The telecast rights that Zee is all set to win runs from 1 October 2004 to 30 September 2008.

So is this the last word on the subject. Not quite, according to a senior broadcast industry executive. There may still be some surprise twists in the tale still to unravel, he says.

Latest Reads
Cosmos-Maya’s next international co-production is a spin-off series of the much talked about 3D Animation feature film Leo da Vinci: Mission Mona Lisa

is another high quality 3D animation international co-production - a spin-off series based on the recently released film Leo da Vinci: Mission Mona Lisa.

Television TV Channels Kids
EPIC TV & Penguin Present The Third Book Of The Devlok With Devdutt Pattanaik Series

Where did the name Radha come from? When did Christianity first come to India? What is the connection between sanskar and dharma? After the enormous success of the first two books in the ‘Devlok with Devdutt Pattanaik’ series, India’s favourite mythologist, Devdutt Pattanaik, is back with a third...

Television TV Channels Factual & Documentary
Banijay Asia and Salman Khan TV collaborates to create content for digital and tv

World’s largest independent content creation group, Banijay Group recently entered Indian & South East Asian market under the guidance of Deepak Dhar with an aim to produce content across genres. Banijay Asia &SK TV, which was launched few years back, come together to create novel and...

Television TV Channels GECs
DSport reaches 110 mn households in a year

DSport, the sports TV channel by Discovery Communications, has achieved the milestone of reaching 110 million households in India. The channel was launched on 6 February 2017 and achieved the milestone within one year of operations in India and has expanded its distribution across all DTH and...

Television TV Channels Sports
Star Suvarna to telecast 'Kannadada Kotyadhipati 2018' the Kannada version of 'Who wants to be a Millionaire' as part of its revamp

May 21, 2018: The third season of Kannadada Kotyadhipati, the Kannada version of ‘Who wants to be a Millionaire’, which sets the stage for a revamps of Star Suvarna, the Kannada GEC channel of Star Network will premiere in June’18. Since January 2018, the channel has gained viewership share in...

Television TV Channels Regional
Republic Network partners with CAF India to nurture the Culture of Giving amongst Indians as part of its first year celebration.

Republic TV, India’s number 1 English news channel for non-stop 53 weeks is celebrating its milestone first year anniversary in a unique and special way. Republic TV has partnered with Charities Aid Foundation (CAF) India, a not for profit organisation to fuel and accelerate the spirit of giving...

Television TV Channels News Broadcasting
Star spending up to Rs 2 cr on production per IPL match

MUMBAI: After having bought rights for almost all important sporting properties in India, Star India had the massive task to ensure that it sets a new benchmark for cricket. In February, it won the audio-visual production rights for IPL 2018, making it the first time that a broadcaster is...

Television TV Channels Sports
Watch Rani Mukerji’s ‘Dadasaheb Phalke Excellence Award’ winning performance in ‘Hichki’ only on Sony MAX

After garnering success at the box office and a heart-warming response from the audience, the Rani Mukerji starrer ‘Hichki’ is all set for its Worldwide Television Premiere only on Sony Pictures Networks’ number 1 Hindi movie channel, Sony MAX on Saturday, 26th March at 9pm. Directed by Siddharth...

Television TV Channels Movie Channels
World Television Premiere of Raid on Star Gold

This May, Star Gold to bring the World Television Premiere of Raid. Touted as first Bollywood project to be based on an Income Tax raid, this Ajay Devgn starrer hit will be showcased on 27th May 2018, Sunday at 1 PM on Star Gold.

Television TV Channels Movie Channels

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories