The Essel Group on Monday rebutted news reports that it is setting up parallel cricket boards across different countries in collaboration with Ten Sports Network but said it is now geared up to enter the sports business at a global level, focusing on cricket.
The defunct Indian Cricket League suffered a setback when the Delhi high court restrained the rebel Twenty20 venture from filing a suit seeking damages from the Board of Control for Cricket in India in British courts.
'We should become an all-encompassing entertainment and information destination," says chairman Subhash Chandra, who monitors the group on a monthly basis, leaving the day-to-day operations to the chief executive officers.
The Delhi high court on Tuesday barred the unsanctioned Indian Cricket League from filing a suit against the Board of Control for Cricket in India in the United Kingdom courts.
The Indian Cricket League on Thursday claimed it has got the go-ahead from the Delhi High Court to file case against the ICC and ECB in London, seeking damages for ostracising the 'rebel' league.
Essel Group has confirmed its plans to set up a rival Twenty20 cricket league.
ICC confirmed it was investigating the registration of company names which it regarded as of 'concern to the sport of cricket'.
The company will make public the outcome of its Board meeting on telecast rights only after it files an affidavit in court.
In view of rumours surrounding an Indian conglomerate's attempt to start a possible rebel league, the Federation of International Cricketers' Associations chief executive, Tony Irish, has said that mainstream cricket should be 'on their toes' to keep their players away from being lured to an another potential T20 league.
With a whopping Rs 303.15 crore profit they earned in the year 2007-08, the Indian cricket Board (BCCI) tops the SportzPower Money List rankings for being the most influential sports entity. The rankings have been made on the basis of the entities' financial clout and their influences on sporting arena.
The second edition of the rebel Indian Cricket League (ICL) will have much stronger viewership with Geo Super sports channel airing the matches in Pakistan.
Leading media firms Zee Entertainment and Sony Pictures on Wednesday said they have received in-principle approval for a merger that will combine both companies' linear networks, digital assets, production operations and programme libraries.
The television channel said its offer is aimed towards development of domestic cricket.
Pakistan Cricket Board chairman Shaharyar Khan has admitted that the ICC and its member boards are worried.
With regard to the launch of the sports channel, Zee Telefilms is talking to the Turner group and Ten Sports.
Subhash Chandra promoted Dish TV has signed exclusive direct-to-home deals in Cannes with five international channels, including Eurosport News and Fashion TV.
Demerging print and TV news businesses will allow for separate investment by interested players.
After launching the rebel Indian Cricket League, the Essel Group on Thursday unveiled its football team, Mumbai FC.
Amazon Prime leads the race to buy digital rights for Bollywood blockbusters with Hotstar and Netflix trailing far behind.
The Pakistan Cricket Board has dismissed reports that it was ready to revive bilateral series against India on Indian soil and made it clear that the first series when it happens will be played in UAE as per the Memorandum of Understanding (MoU) signed with BCCI.
The move will catapult Disney as the country's largest media and entertainment broadcaster, with over $1.3 billion of additional India revenue.
Young Indian entrepreneurs hope to share some of the limelight too at the Hyderabad event.
Fairfax media on Friday quoted unnamed sources as saying Clarke and Warner would be targeted as "priority acquisitions" on lucrative 10-year deals.
Amid intense speculation over the fate of the proposed India-Pakistan series, the Board of Control for Cricket in India indicated that a second round of talks between the two Boards could take place soon to work out the modalities for resumption of bilateral cricketing ties.
As returns from fiction fall, broadcasters are experimenting with high-cost programming and new genres to grab more eyeballs. But can production houses rise to the challenge?