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Now BCCI vs Sony


SachDan

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:fight::fight: :blehbleh:

Mumbai, Mar 16 (PTI) A fresh row broke out over the issue of telecast rights of the IPL with Sony Entertainment dragging BCCI to the Bombay High Court which restrained the Cricket Board from entering into any further agreement related to the T-20 tournament. Sony moved the High Court against BCCI's move to enter into a contract with World Sports Group (WSG) after terminating its agreement with Sony on broadcasting rights in the country. The court yesterday granted the injunction to Sony restraining Board for Control of Cricket in India from entering into any further agreements related to the IPL. When the petition came up for further hearing before Justice S J Kathawala today, the BCCI lawyer sought time to take instructions and produce the relevant documents. The court said till the matter is heard, BCCI shall not grant any approval to WSG under the newly entered contract. According to the BCCI counsel, the agreement with Sony was terminated on the evening of March 14 and the new one t with WSG was signed on the morning of March 15 and the court's injunction came only in the afternoon on that day. PTI
http://www.ptinews.com/pti%5Cptisite.nsf/0/98C91ABD431C4B2F6525757B003D50A6?OpenDocument
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n why would u wish that?
why wouldn't he? Modi's a jerk, a-hole and scum of the worst order. Do people also know that the guy's got a record (with guilty pleas) for drug possession, assault and kidnapping in the USA? Never served jail time (was let off on probation despite a 2 yr sentence)... and goes from that to bullying around other boards and trying to push around the government.
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Who'z it' date=' if not Sony ??? :dontknow:[/quote']
BCCI sells IPL rights to WSG Mauritius MUMBAI: Board of Cricket Control for India (BCCI) has sold the telecast rights for the second season of the Indian Premier League (IPL) to World Sports Group-Mauritius for over Rs 335 crore, 50% higher than its deal with Sony Max, a channel owned by Multi Screen Media (formerly Sony Entertainment Television). In the course of his argument at Bombay High Court on Tuesday, BCCI counsel Virag Tulzapurkar said: “We are getting Rs 335 crore-plus extra from the new agreement.†Justice SJ Kathawala, on Tuesday, reserved his orders in the case. WSG-India had won the broadcast rights for over $1.3 billion for 10 years. It sold the telecast rights for Indian territory to MSM for Rs 220 crore per season, beginning 2008, for five years. BCCI, on March 15, signed an agreement awarding telecast rights to WSG Mauritius. WSG-Mauritius is not directly related to WSG-India. However, MSM can still bag the rights from WSG-Mauritius. Mr Tulzapurkar has informed the Bombay high court that BCCI had agreed to allow WSG-Mauritius to award the sub-license to MSM for the telecast, provided the litigation is withdrawn. According to the March 15 agreement, WSG-Mauritius must find a broadcaster by March 18 (Wednesday), BCCI counsel Venkatesh Dhond told ET. WSG-Mauritius is already in talks with broadcasters for the telecast rights of IPL season 2. Among others, the contenders for the telecast rights of the 2009 season are ESPN-Star Sports, Neo Sports, Ten Sports and Doordarshan, Mr Dhond stated in the Bombay high court. MSM had dragged BCCI to court after it received termination notice from the latter on Saturday. It wanted the court to restrain BCCI from discussing broadcast rights with any other party. BCCI had given two notices regarding breach of agreement before terminating the contract, Mr Tulzapurkar said. He also said MSM’s decision to award on-air sponsorship to Bharti Airtel and its failure to address the issue of introducing certain ‘commercial elements’ during the last telecast season were contrary to the agreement. MSM’s counsels Iqbal Chhagla and Janak Dwarkadas argued that BCCI had sent a notice for terminating the agreement through facsimile to MSM on Saturday after office hours. So, the termination would be effective only after they receive it on Monday.
http://economictimes.indiatimes.com/ET-Cetera/BCCI-sells-IPL-rights-to-WSG-Mauritius/articleshow/4279101.cms Some major developments there !!
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Among others, the contenders for the telecast rights of the 2009 season are ESPN-Star Sports, Neo Sports, Ten Sports and Doordarshan, Mr Dhond stated in the Bombay high court.
ESPN Star paid a billion for the rights of Champions League. And they are willing to pay another billion plus for the IPL. This while they run three sports channels but don't have the rights to international matches in any country except Australia and England. What sort of people manage it these days ? Anyway, remarkable guts by the WSG people to promise than sort of money for a tournament that seems doomed, and during the present depression.
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Broadcast row: No interim relief for Sony The Bombay HC refused to grant any interim relief to MSM Satellite, Singapore, which owns Sony Television Network, in connection with the row over the broadcasting rights of 2009 season of the IPL, reports Kanchan Chaudhari. More...

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After cricket board, London’s WSG stands to reap fortune

UK firm has paid BCCI $918 million for 10-year media rights, and even before getting it, sold the same to SET Who benefits the most financially from the Indian Premier League (IPL)? The biggest gainer, of course, is the sport’s governing body, the Board of Control for Cricket in India (BCCI), which earned $723.69 million (Rs2,851 crore) from the sale of team franchise rights last week. But those associated with cricket say there’s another: the World Sport Group (WSG), the London-based sports management company that holds the league’s global media rights. “It’s the BCCI and WSG who are going to make money immediately,†says Jamie Stewart, former global sponsorship manager with the International Cricket Council and now an independent consultant. WSG has paid BCCI $918 million for 10-year media rights, and even before getting it, had sold the telecast rights for the South Asia region to broadcaster Sony Entertainment Television (SET) for five years at an undisclosed sum. But while WSG has already begun making sales, Sony has to get the money, Stewart says. In addition to what it paid its partner, Sony is contractually committed to spend $108 million on promoting the league. “It was a pre-bid arrangement with Sony as the BCCI insisted we have a television partner,†says WSG South Asia chief executive Venu Nair, while declining to say how much Sony paid for the five-year rights. “We’ll work that out along the way.†Sony declined to comment. Executive vice-president (advertisement sales and revenue management) Rohit Gupta says it is too early to comment on IPL’s value as a sports property. Nair sees no problem; he says WSG’s broadcaster-partner is expected to rake in $1.4 billion from ad revenues. WSG is now scouting for regional broadcasters. On Thursday, even as franchise bids were being appraised at the BCCI headquarters in Mumbai, Nair was in Singapore, making presentations to television, radio, mobile and Internet operators. There are many interested parties, he claims, and says WSG could end up partnering another broadcaster for India after the contract with Sony expired after five years. Added to this, it also holds the 10-year media rights for other cricket-playing nations such as Australia. According to one estimate, the Indian market for mobile content is around $35 million, compared with the $3 billion globally: it’s a huge market for WSG to tap. The biggest risk is for the teams, and franchisees concede they would need a minimum of three-four years to break even. Smaller players, such as the UK’s Emerging Media Ltd, which acquired the Jaipur team for $67 million, will be losing money, says consultant Stewart. The challenge: these teams have to survive the first few years. It’s a gamble his company is ready to take, says Emerging Media CEO Fraser Castellino. “We expect to break even in year three,†he adds, identifying creation of a loyal fan base as a key component of the company’s plan. A spokesperson for Hyderabad-based infrastructure company GMR Holdings Pvt. Ltd, which acquired the Delhi team for $84 million, says while the financials were still being worked out, the company didn’t expect to break even before three years. It’s a purely business decision to pitch for the Delhi team, he says. The company is building the new airport in New Delhi, and attaching the GMR name to the team would establish it further in the capital. “It’s part of our brand promotion,†he adds.
http://www.livemint.com/2008/01/28234004/After-cricket-board-London8.html
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Ghum Phir ke Wahi ....
Shane, Set Max had no choice having spent millions for on air advertisements and also they have signed with four-five high profile brands as their main sponsors for the event. Again we have to settle for 5 ball overs :((
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Shane, Set Max had no choice having spent millions for on air advertisements and also they have signed with four-five high profile brands as their main sponsors for the event. Again we have to settle for 5 ball overs :((
Expect some 4 - ballers tooo, We might even those between balls ads, where the screen diminishes to almost size 0 :(( MAX have been good with the Kiwi Series thou esp the heavily Sponsored T20's, where we hardly had a glitch
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