Disney Star India, bought at a valuation of $15 billion, could be on the block for roughly one-third that amount.
The WWE says that India is its biggest market globally in terms of television viewership -- around 350 million unique viewers annually -- social media engagement and YouTube consumption, even claiming that it is the second-most watched sport in the country behind cricket.
The Board of Control for Cricket in India (BCCI) has pegged the base price for the combined IPL media rights at Rs 32,890 crore, nearly double the Rs 16,347 that Star Disney paid five years ago. Experts say that at these levels, there does not seem to be any profit-and-loss logic at play. It is more about what premium broadcasting companies are ready to spend for market share dominance. They point out that due to competition, they expect the final price to hit Rs 40,000-50,000 crore.
95 per cent of advertising inventory has been sold on television and 18 on-air sponsors have been signed up so far, the highest for any season.
Under the deal, reportedly worth more than $250 million, international matches and the domestic Big Bash League for men and women will be beamed to India "and other territories across Asia" from the 2023-24 season.
Tokyo -- the songs Japan, Love In Tokyo and Sayonara from the 1966 Hindi film automatically pop up in the mind -- is buzzing and crowded like any other metropolis, discovers Deepa Gahlot. The modern apartment blocks are built cheek by jowl, so close together that one can open the window and borrow sugar from the neighbour in the next building. One of the fears of the Indian traveller is the unavailability of vegetarian food. Every city and town in Japan has an array of Indian restaurants that serve every variety of cuisine, right from Gujarati to Punjabi to Andhra and Kerala meals.
'For the first couple of years, it is about building the league.' 'We are positive that the quality of matches will attract eyeballs.'
Urvi Malvania reveals STAR India's big plans for IPL-11.
The four south Indian languages grew by 7% while regional languages within the Hindi speaking markets (such as Bhojpuri, Bangla, Marathi, etc) grew by 26%.
Sachin: 'When Roger plays cricket, he likes to play as me'
'In the lockdown, family viewing became even more important.' 'Kids saw adult content and adults saw a lot of kids content.' 'The audience is no longer just the housewife, but the whole family.'
The BCCI on Sunday announced an open tender process for allocating the cash-rich Indian Premier League's global broadcasting rights, a move that conforms to the Lodha Committee recommendations on transparency. "We are happy to announce the tender process for IPL Global Media Rights (TV and Digital)," BCCI President Anurag Thakur announced in a press conference in New Delhi.
A summary of sports events and sports persons, who made news on Monday
Who will win the BCCI media rights? Star or Sony?
Phogat, who will make her MMA debut against South Korea's Kim Nam-hee at One Championship's Age of Dragons event in Beijing on Saturday,
A long and bitter funding winter in the start-up world is beginning to take its toll on start-up advertising across properties. Earlier this week, Mastercard replaced Paytm as the title sponsor for all international and domestic cricket matches organised by the Board of Control for Cricket in India (BCCI). But this is just one part of the story. The other side is that organisers of high-impact shows and events on Hindi general entertainment channels, too, are feeling the winter chill.
Virat Kohli, Sanjiv Goenka to raise funds for celebrity golf tournament
Futsal Anthem, biopics, and much more in this candid chat with Rahman.
With the acquisition of Hotstar, Disney gets immediate access to the OTT market.
Illustrious international thinkers met at the Milken Institute Global Conference 2021 and many discussions addressed the impact of the COVID-19 pandemic on the world at large.
Bollywood actor Emraan Hashmi, watched captain Rohit Sharma lead by example as a thoroughly professional Mumbai Indians outclassed Pune Supergiants.
The India-Australia series comes at the end of the calendar year, in a quarter when most brands are close to the end of their advertising budgets.
This means that if Star TV's bouquet of 14 channels is priced at Rs 88 in non-CAS areas (70 million cable TV homes), it can charge only Rs 44 or less from existing DTH operators like Tata Sky, Dish TV and new entrants like Big TV, Bharti and Sun Direct. But all broadcasters are charging more from DTH companies than from non-CAS cable homes.
Companies like Amazon Prime Video are also temporarily lowering bit rates -- a measure of how much data is being transferred -- to ease pressure on telecom network infrastructure.
Former cricketer Mohammad Azharuddin, who is actively promoting his upcoming biopic 'Azhar', walked out of an interview recently when posed questions about the match-fixing controversy.
Nagpur-based Slum Soccer is transforming the lives of slum children with the help of football, writes Geetanjali Krishna.
In the last five years, 37 bridges have collapsed in Uttarakhand. Another 27 bridges are on the brink of collapse. 'Our politicians don't view these bridge collapses as a setback.' 'Rather they see them as an opportunity to make more money.'
The move will catapult Disney as the country's largest media and entertainment broadcaster, with over $1.3 billion of additional India revenue.
Langer said his team would look to drive home the advantage in the absence of Virat Kohli by putting relentless pressure on new skipper Ajinkya Rahane.
Small and big advertisers are making their presence felt this year far more than they did earlier, bringing a smile to the faces of the tournament's organisers and partners.
Star's maths is simple: It expects to make something close to Rs 40 billion from the two properties in the first year (2018) itself, which is pretty close to its break even point
Board of Control for Cricket in India's Chief Executive Officer Rahul Johri says the revenue generation from the upcoming Indian Premier League's media rights auction could be "historic".
'18 threats' that international cricket faces right now
They belong to different budget segments but when it comes to features and looks these seven stand out in the crowd.
After the second day, BCCI's media rights value has already gone up by 56 percent with the per match value touching nearly Rs 60 crore (Rs 59.16 crore) for 102 international games across three formats.
The current broadcasting platforms believe the road ahead for Netflix might not be a cakewalk
Demerging print and TV news businesses will allow for separate investment by interested players.
'We are very protective of him.' 'People can't go close to him and take pictures like before.'
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