The country's leading sports broadcasters -- ESPN, Nimbus and Sony -- have made presentations to Board of Control for Cricket in India on their marketing plans for promotion of its upcoming Twenty20 Indian Premier League ahead of a tendering process for telecast rights expected to start by the month-end.
Sports brodcaster Nimbus Communication Ltd has approached the Delhi high court seeking protection from the Centre's alleged threat to cancel its licence if it did not respond to the government's show cause notice by Thursday.
India's largest diversified media conglomerate Bennett, Coleman and Co Ltd (BCCL), popularly known as the Times Group, has joined the race to pick up a majority stake in the two sports channels of Nimbus Communications.
The deal was clinched after a meeting with top BCCI officials where all the bidders were present.
The Lok Sabha on Thursday approved a bill making it mandatory for private broadcasters to share live feed of national sports events with Doordarshan and All India Radio on free-to-air basis.
Although the Singapore-based World Sports Nimbus has decided to file an appeal against the CIT (Appeals) order with the Income Tax Appellate Tribunal, the tax case will have wide implications for foreign companies telecasting live cricket matches. In the present case, assessing officer imposed a tax liability of Rs 6 crore (Rs 60 million) on Nimbus on the income it had earned by telecasting live cricket matches during 2002 to 2005.
Ali Asghar has quit his post following a disagreement with the authorities.
Arguments on Nimbus' petition seeking quashing of the Sports Broadcast Signal Ordinance 2007 remained inconclusive in the Delhi high court.
This means the channel could garner over $1.8-2.7 billion from cricket advertising alone in the next 8-9 years.
The Asian Cricket Council awarded the rights to ESPN-Star after Nimbus bagged out of the deal citing the absence of big names in the tournament.
An interview with ESPN Software (India) Pvt Ltd's Managing Ddirector R C Venkateish.
Harish Thawani, Nimbus Communications' flamboyant CEO, wants to take the Neo sports channel to such new markets as Malaysia, Thailand, Indonesia Europe and North America. The aim, he says, is to achieve an over 50 per cent growth in market share next financial year.
The Board of Control for Cricket in India (BCCI) is expected to issue tender forms for broadcasting rights of the Indian Premier League (IPL) in the coming week. According to industry sources, the winner might have to fork out over Rs 1,000 crore (Rs 10 billion) for a five year telecast rights.
BCCI said the Sports Broadcasting Bill passed by the Lok Sabha would affect the game in the country in the long run.
The BCCI's ground and title naming rights for 55 Tests and ODIs to be played in India in the next 31 months, beginning September 1, were sold to World Sports Group for Rs 173.25 crore.
ICC's investigations identified that many of the allegations made by GCC's marketing agent World Sport Nimbus lacked substance.
Hockey India lambasted the Indian Hockey Federation for trying to lure players for its unsanctioned World Series Hockey league, saying such efforts by IHF are a 'blatant anti-national campaign' which will lead to 'slow poisoning' of the national game.
Mired in controversies since its very inception, the multi-crore World Series Hockey was, on Monday, postponed until after the Olympic Qualifiers to be held, in New Delhi, in February next year.
Ranjita Ganesan visits The Indus Club, which is not just another old boys' club.
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