Television
Report on Hindi News Viewership

Zee wins 'neutral venue' media rights for $ 219.15 million

https://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/tv-images/2016/06/22/Zee%20Entertainment%20Enterprises%20Ltd.jpg?itok=-B3D7w7q

NEW DELHI: The numbers are going beyond believable as far as India cricket is concerned. Subhash Chandra's Zee Telefilms has secured the rights for the latest money-mopping plan the Board of Control for Cricket in India (BCCI) has pulled out of its cupboard --- for matches played by India at neutral venues (non-ICC member countries) over the next five years.

And the winning bid: a whopping $219.15 million (average of $ 8.77 million per match) for 25 matches spread over the next five years.

The 25 matches will involve mainly Pakistan as the opposition, but will also include top cricket countries like Australia, England and West Indies. With this, the minimum bid guarantee of the BCCI has crossed the $1 billion mark all told.

Zee Telefilms also becomes the rights holder for radio and broadband in non ICC member countries where matches may be played. It would also negotiate with pubcaster Doordarshan independently for a terrestrial feed.

"This cricket property puts us on a strong wicket and would help us in our growth," Zee Sports business head Himanshu Mody told Indiantelevision.com, adding that "the loss of India cricket rights have been more than made up".

The other bidders in the fray for the overseas rights were ESPN Star Sports (disqualified for bidding below the floor price), Nimbus and Sahara One Media & Entertainment.

The media rights for this latest piece of the India cricket pie will be inaugurated with the two-match Indo-Pakistan limited over series that will be held in Abu Dhabi later this month. The presenting sponsor is Indian real estate major DLF and the ground rights for this series was secured by PDM International for $ 3.61 million.

Pointing out that Rs 900 million are expected to be generated from these two matches, BCCI vice-president Lalit Modi said 50 per cent of the proceeds will go to Pakistan for earthquake relief fund, while the rest will be donated to the Indian Prime Minister's relief Fund.

Pakistan Cricket Board's director cricket operations Salim Altaf, who was present during the opening of the financial bids as an independent observer, also exchanged documents with BCCI secretary Niranjan Shah, signifying an understanding between the two countries for playing matches under a bi-lateral agreement.

The 25 matches are to be played in places like Abu Dhabi, Dubai, Sharjah, Holland, Lords, Oval and Birmingham in England, Toronto, New York, Tristate Area, Houston, Chicago, Palo Alto, Singapore, Hong Kong and Kuala Lumpur.

According to BCCI's Modi, negotiations are on with the respective countries for venues. All the matches will also be recognized by the International Cricket Council and form part of India's playing calendar.

HOW THE DIFFERENT BIDS STACKED UP

While Zee is likely to end up paying a total of at least $ 219.15 million over a period of five years on an average price of $ 8.77 million per match, the break-up of payment year-wise varies.

According to documents circulated by the BCCI today at a press conference here, Zee bid $ 5.04 million for the first year, $ 6.03 million for the second year, $ 6.66 million for the third year, $ 8.10 million for the fourth year and $ 18 million for the last year.

Similarly, the other bidders too had bid separately for every year. ESS had bid $ 2.86 million for each of the five years.

Nimbus bid $ 5 million for the first year, $ 6 million for the second year, $ 7 million for the third year, $ 8 million for the fourth year and $ 14 million for the fifth year with an average of $ 8 million per match.

Sahara's bids were $ 5.32 million, $ 5.41 million, $ 6.40 million, $ 7.21 million and $ 10.90 million for each of the five years where on an average per match was costing $ 7.048 million.

On being asked how does it feel to be on the losing side, Nimbus' chairman Harish Thawani shot back, "Seeing the winner's bids, I feel we got the rights to India cricket cheap. I wish Zee all the best."

Nimbus had bagged the four-year rights of Indian cricket for a whopping $ 612 million, beating the likes of Zee Telefilms ($ 513 million and ESS.

DRAMA BEFORE THE ANNOUNCEMENT

Can anything related to cricket and BCCI be bereft of drama? Probably not.

Before the media was apprised of the transparent way in which the BCCI conducts its affairs, especially those relating to bidding, journalists were kept waiting at a five-star hotel here as a closed-door meeting of cricket officials and representatives of bidding companies took place.

Reportedly, there were two adjournments when frantic calls were made by some of those present in the meeting to their bosses.

It seems there was some confusion regarding the way prices of every one year of the five-year contract period were to be quoted and calculated.

When that got sorted out, discussions took place on the formal protests lodged by Zee Telefilms and Nimbus relating to the submission of financial bids by Sahara yesterday in Mumbai.

While Modi reiterated that there were "no irregularities" in the Sahara bid, Zee Sports' Mody smiled away questions on yesterday's protests. "We don¡'t have any issue now," he said, while sharing the dais with BCCI officials.

While making a grand exit from the press conference, BCCI's Modi said, 'These rights will ensure coverage of matches played by India in non-ICC member countries as well. Professionalizing this aspect of Indian cricket management will make the sport, especially the Indian game, accessible to Indian communities across the globe, including the non ICC member countries."

Latest Reads

https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2022/09/27/ficci-meet.jpg?itok=42qY32Ov
Amendments to Cinematograph Act proposed to be tabled in winter session of Parliament: I&B secretary at Ficci Frames Fast Track’ 22

The union secretary for information and broadcasting Apurva Chandra has exhorted the media and entertainment industry to set a target of growing the industry to more than $100 billion by the year 2030.

Television TV Channels News Broadcasting
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2022/09/27/prasar-bharati.jpg?itok=-BcpKkqD
Prasar Bharti collaborates with IIT Kanpur for direct-to-mobile broadcasting project

Today, there is a shift in viewing habits from linear television to OTT and from theatres to OTT. The rise in content creation is leading to more and more jobs for people.

Television TV Channels News Broadcasting
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2022/09/27/bigg_boss.jpg?itok=vt8TCqbI
Colors Marathi announces fourth season of ‘Bigg Boss’

Mumbai: Colors Marathi is all set to roll out the fourth season of Bigg Boss Marathi, hosted by versatile actor-director-producer Mahesh Manjrekar. Bigg Boss Marathi 4, powered by Airtel and special partners A23 & Finolex Pipes, will make a grand debut at 7 p.m. on 2 October with an exciting...

Television TV Channels GECs
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2022/09/26/zee-bangla_0.jpg?itok=oiLrIQy-
Zee Bangla Cinema unveils new brand identity

Zee Bangla Cinema, India’s leading Bengali-movie channel, will commemorate its decade-long journey with a new brand identity. Unveiled in time for the upcoming festive season, the evocative all-new brand identity highlights how movies have the power to make everything magical.

Television TV Channels Movie Channels
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2022/09/27/pib.jpg?itok=oFuYwXSa
I&B discusses strategies for unleashing M&E’s potential with industry experts

Development of the audio-visual sector requires industry-friendly policies, collaboration, and regular interaction between the government and industry stakeholders.

Television TV Channels People
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2022/09/26/dandelooo_0.jpg?itok=llkf74e4
Dandelooo grabs worldwide distribution rights for ‘Our Piggy’

Mumbai: Emmy Award-winning French animation production and distribution company Dandelooo has struck a deal with the Emmy Award-winning Czech film and television production company Bionaut for the new adorable comedy series Our Piggy. The deal gives Dandelooo exclusive worldwide distribution rights...

Television Production House Non-Fiction
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2022/09/26/zee-business-launches-new-show-on-financial-education.jpg?itok=coVPkuQJ
Zee Business launches new series 'Rupee Ki Paathshala' on financial education

What is common to Mad Money with Jim Cramer, The Profit, Shark Tank, and Rupee Ki Paathshala? Well, you guessed it right – these are some shows which cater to the diverse nuances of the financial spectrum, namely, analysing stocks, the financial markets, investments, and even entrepreneurship.

Television TV Channels News Broadcasting
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2022/09/26/mathrubhumi.jpg?itok=KRyV1Ytv
Mathrubhumi to organise a one-day event on World News Day

Mathrubhumi on Monday announced plans to host an event on World News Day on 28 September at the Uday Palace Convention Centre, Kowdiar Gardens, Thiruvananthapuram.

Television TV Channels Viewership
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2022/09/25/cma1.jpg?itok=PNQp77ga
Striking the right note: Clef Music Awards'22 unveils the winners in a glitzy ceremony

It was a scintillating Saturday night at Mumbai’s Sahara Star hotel as the stars aligned to stage the second edition of Indiantelevision.com's Clef Music Awards.

Television TV Channels Music and Youth