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BCCI scraps broadcast deal with Nimbus


rkt.india

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Posted

The Board of Control for Cricket in India (BCCI) has scrapped its deal with Nimbus Communications with immediate effect, Cricketnext.com has learned. According to BCCI sources, the board will proceed to encash a bank guarantee of Rs 2000 crore. The news is significant for it comes against the backdrop of a crisis between the BCCI and its Nimbus, its broadcasters in India. This week Nimbus - which renewed its contract with the BCCI in 2009 - was accused by the BCCI of lagging behind on payments for certain number of matches. While Nimbus said that there were no outstanding payments, the BCCI's sudden decision has thrown into confusion the scenario. It had been reported on Sunday that sources in Nimbus claimed that payments up to 75 per cent of the pending amount had been made and that they requested the BCCI to extend their January deadline for the last leg of the payment. In 2009, almost six months before the expiry of its global media rights for broadcasting international cricket from India, the BCCI had firmed up a further four-year contract (2010-2014) with Nimbus, a leading sports channel, for a sum of around Rs. 2000 crore. Per the deal, Nimbus agreed to pay a sum of Rs. 31.50 crore for each Test, 50-over and Twenty20 international played in India in that specific four-year period. http://cricketnext.in.com/news/bcci-scraps-broadcast-deal-with-nimbus/62220-13.html

Posted

As far as telecast of cricket in India goes this is good news because Neo Sports/Neo Cricket weren't exactly good. I hope there's a new auction for telecast rights and ESPN/Star wins it.

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I hate star cricket nd espn. neo is fully indian.hope all this thing get solved in time.
why??? they provide the best telecast, have the best commentators, have all the new technologies before Neo/Ten sports so whats your problem? p.s. Is it because they don't show much of minnow cricket :hmmm:
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BCCI ends Nimbus contract due to payment defaults:nervous:
Lol....BCCI never pays the players on time. Plus all IPL payments are always behind timeline also. BCCI should 1st clean their act then ask others. But....Neo coverage was simple not great....but without Cricket...Neo Cricket will not survive also. Lets see how this plays out....& which officials gets good money in their overseas account :winky:
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Ten sports is owned by Zee IIRC' date= so Espnstar would win the contract I guess
yes. But I think this has got nothing to do with ICL etc and wouldn't get in the way of Ten Sports bidding/getting the rights.
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in another news' date=' Anil Kumble resigned from NCA director, Tenvic zindabad.[/quote'] I guess he had too much work - KSCA, IPL, Tenvic so its good that he resigned. Lets see who becomes the new director.
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yes. But I think this has got nothing to do with ICL etc and wouldn't get in the way of Ten Sports bidding/getting the rights.
IMO, It willl surely be a factor in the final decision
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IMO' date=' It willl surely be a factor in the final decision[/quote'] previously its been a case of "bid highest & get the rights" so hopefully it shouldn't be different this time. Hope to ESPNSTAR get the rights for the next 5-10 years.
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previously its been a case of "bid highest & get the rights" so hopefully it shouldn't be different this time. Hope to ESPNSTAR get the rights for the next 5-10 years.
Isnt that flawed.... If BCCI is claiming the guarantee money then i m certain that a lot of money has allready disapperead from the future games....

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