Television

ESS lays claim to India cricket telecast rights

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/tv-images/2016/05/02/ESPN-Star%20Sports_1.jpg?itok=8cYnyFDq

NEW DELHI / MUMBAI: Seeing what it had assumed till now was a deal done and sewn up suddenly having slipped out of its grasp, ESPN Star Sports has raised objections to Zee Telefilms' bid for the India cricket telecast rights --- the highest at Rs 12.06 billion.

In response to the news of Zee's pulling the rug under its feet, broken first by indiantelevision.com, ESPN Software managing director RC Venkateish has offered three reasons why the sports broadcaster should still be awarded the rights:

1) The tender document issued by the Board for Control of Cricket in India (BCCI) lists the successful telecast of live and delayed international cricket events for a period of at least two years as one of the eligibility criteria. This disqualifies Zee from the bid process, is the argument.

2) ESS has entered into an agreement which best protects the interests of national broadcaster Doordarshan. The deal offers DD Rs12.5 million per One-Day International in Year 1, Rs 15 million in Year 2, Rs 17.5 million in Year 3 and Rs 20 million in Year 4 of the contract. There is also an 80:20 revenue share for earnings above the minimum gauranteed sum built into the deal.

3) ESS has proven expertise of over 10 years of developing sporting properties, including cricket.

According to Venkateish, if these three points are kept in mind, as well as the fact that it was ESS (and not Sony as was reported in indiantelevision.com's earlier report) that had the second highest bid, the BCCI should still award it the rights.

Venkateish's contention is that the reasons stated and the fact that ESS' bid was "just 10 per cent off" Zee's quote when taken together make for a compelling case.

Though Venkateish refused to commit on any figures, indiantelevision.com has culled some numbers from industry sources. This is how it breaks up in dollar terms:

Zee Telefilms
$ 260 million
ESPN Star Sports
$ 230 million
Doordarshan
$ 150 million
Sony Entertainment
$ 140 million
Ten Sports
$ 115 million

Interestingly, though Zee officials preferred not to respond to ESS' assertions, industry sources say Zee had also tabled a revenue share deal with DD before the bidding started. The offer is a Rs 12.5 million MG per ODI plus an 80:20 revenue share.

And speaking strictly legally, if it comes to that, Zee is likely to put forward the argument that it has produced live cricket in the US within the last two years, industry sources say.

For more on this story as it unravells, stay tuned.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/15/sunny-leoae.jpg?itok=3SZqrF40
Sunny Leone in Discovery JEET’s show Man Vs Wild

Sunny Leone will be displaying her adventurous side as host of the mega-popular survival series Man Vs. Wild. The iconic series will telecast in Hindi on the soon-to-be-launched GEC Discovery JEET. The new GEC will premiere in the second week of February 2018 and the series will feature the...

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/15/sm.jpg?itok=gUhILkq8
Times Now appoints Sujeet Mishra as marketing head

Times Network, part of India’s media conglomerate, The Times Group today announced the appointment of Sujeet Mishra as head of marketing, Times Now.

Television TV Channels People
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/15/sony-bbc_1.jpg?itok=mQuiQxIO
Experience space with BBC's new VR experience

The BBC is giving you a chance fly. Home - A VR Spacewalk is an interactive virtual reality (VR) experience launched today for the HTC Vive and the Oculus Rift, and is available to download for free via the Steam Store and the Oculus Store.

Television TV Channels Factual & Documentary
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/15/bbc_0.jpg?itok=jTEnctw5
Sony BBC Earth presents the Best of 2017

Sony BBC Earth revisits some of its most popular episodes of the best shows in a special programming line-up titled Best of 2017 starting 18 December 2017, every night at 7 pm and 11 pm.

Television TV Channels Factual & Documentary
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/15/shemaroo.jpg?itok=JLK5kQw2
Increased revenue from traditional media boosts Shemaroo numbers

Integrated media content house Shemaroo Entertainment Limited (Shemaroo) reported 18.3 percent higher year-on-year (y-o-y) consolidated total revenue for the quarter ended 30 September 2017 (Q2 FY 2017-18, the quarter under review) stood at Rs 1,345.7 million as compared with Rs 1,138.6 million in...

Television Production House Film Production
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/15/mur.jpg?itok=Hql64_2L
21st CF spins-off into new live news & sports co Fox

MUMBAI: After the blockbuster acquisition of 21st Century Fox by The Walt Disney Company, the former has announced that it will spinoff into a new brand Fox’ that will seek to replicate its own success in the newly focussed verticals of live news and sports brands. Using fiscal 2017 as a base, the...

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/15/uday_0.jpg?itok=t8VAurqw
With Star India, Disney emerges as India's largest M&E firm

MUMBAI: Unlike the US, where the merger of The Walt Disney Co and 21st Century Fox’s entertainment assets is between two near equals, the scenario in India is totally different. 21st Century Fox’s India venture Star India is a $1.7 billion dollar media and entertainment behemoth while Disney India...

Television TV Channels People
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/14/bob.jpg?itok=zPgBgsME
Disney to buy 21st Century Fox assets for $52.4 billion

The Walt Disney Co has set up a $52.4 billion, all-stock deal to acquire 20th Century Fox and other entertainment and sports assets from Rupert Murdoch’s empire.

Television TV Channels Movie Channels
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/14/mania.jpg?itok=Jb64uy53
MOVIES NOW brings #StopDreamingAndStartWinning with 100 Mania Season 5 for its viewers

Movies Now, India’s english movie channel, rings in the festive season with its property ‘100 Mania’, beginning Friday, 15 December at 9pm. In its 5th season, the channel has curated a line-up of some of the biggest Hollywood blockbusters like Furious 7, Jurassic World, Disney’s The Jungle Book,...

Television TV Channels English Entertainment

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories