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IPL News

'We share cordial relations with the BCCI' : Kings XI Punjab co-owner Mohit Burman

Amid controversies surrounding shareholding issues and a termination notice from the BCCI, the spirit of Kings XI Punjab hasn‘t dampened. The Indian Premier League franchise expects to break-even this year as it targets a 15–20 per cent increase from all revenue channels.

 

TV Shows Factual
'Our aim is to see that India is a top 5 market for us in 2 years' : Sony chairman, CEO and president Sir Howard

 

Sony Corporation expects India to be among its top five markets by sales in the next two years.

 

Betting big on 3D, Sony chairman, CEO and president Sir Howard Stringer is targeting 30 per cent of its India sales to come from 3D products by 2012.

 

TV Shows Factual
'The ad market will grow by 13-15% this year' : Lodestar Universal CEO Shashi Sinha

Cricket is expected to earn an advertising revenue of Rs 18 billion from its television telecast this year, up from Rs 15 billion in 2010, as it showcases the World Cup and the Indian Premier League (IPL) in back-to-back events.

The World Cup will be bigger for ESPN Star Sports than it was for Sony in 2007. Digging into the game are a lot more advertisers, offering the telecast rights owner a wider plate to bargain from. The telecom and auto categories, which are the two big cricket spenders, have also grown.

TV Shows Factual
'Max is an extremely successful channel' : Max Sr EVP and business head Sneha Rajani

Multi Screen Media‘s hybrid channel Max has completed 11 years and today is a prime asset of the company.

 

While it telecasts the lucrative Indian Premier League (IPL), in the movie space it is in close fight with Zee Cinema for the top spot.

 

TV Shows Factual
'The ability to de-risk is more now' : UTV Motion Pictures chief executive officer Siddharth Roy Kapur

UTV has expanded its movie slate for the fiscal and is eyeing a revenue of Rs 4.5 billion from this segment, up 43 per cent from the year-ago period.

Upping its operations over the years, UTV has a roster of 12 movies this fiscal. UTV‘s scale-up goal: to have a peak pipeline of 15 movies a year.

TV Shows Factual
'Our biggest challenge is raising the low yields in the Hindi movie channel genre' : Star Gold GM Sameer Rao

Star Gold general manager Sameer Rao is known to be a numbers man. A chartered account and an MBA in finance, Rao has a 19-year career graph that spans stints in UBS and Arthur Andersen.

 

TV Shows Factual
'IPL franchise ownership seems to be driven by celebrity rather than commercial reality' : Intangible Businesses valuation director Richard Yoxon

The Indian Premier League (IPL) defied financial gravity at a time when the world was struggling to fight the menace of recession. Even as capital became scarce, the world’s hottest cricket property managed to renegotiate a nine-year broadcast deal in 2009 for a whopping $1.6 billion. The earlier agreement, signed a year ago, had valued the TV rights for $1.03 billion over 10 years.

 

TV Shows Factual
'One individual is not capable of running IPL's complex business ecosystem' : Brand Finance India managing director Unni Krishnan

 

The Indian Premier League (IPL) is caught in the midst of a storm with dark clouds hovering over team ownership issues, sources of funding, corruption and match-fixing charges.

 

TV Shows Factual
'Break even will take five to six years for new franchises' : GroupM ESP managing partner Hiren Pandit

Bigger, better, richer. That is what the franchises hope the Indian Premier League (IPL) will grow into year after year.

 

In an interview with Indiantelevision.com's Ashwin Pinto, GroupM ESP managing partner Hiren Pandit talks about the vast revenue opportunities that are waiting to be tapped as the IPL grows into a sporting spectacle.

 

TV Shows Factual
'The ICC will continue to manage its economics on a global basis with India as a key market' : ICC CEO Haroon Lorgat

Wearing the International Cricket Council (ICC) hat isn‘t an easy job these days. With the Indian Premier League (IPL) becoming the new economic powerhouse, scheduling international cricket can be a tough task.

 

The challenge of the ICC is to ensure that a balance is maintained between the three formats - Test cricket, one-dayers and T20 - of the game as each has its own attraction and value proposition.

 

TV Shows Factual

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