Seeing $6 billion windfall, BCCI launches tender for IPL media rights | Cricket News

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MUMBAI: Seeing a windfall of almost Rs 50,000 crore, the Indian Cricket Board launched the tender for the media rights for the 2023-2027 IPL seasons on Tuesday.
BCCI will hold an electronic auction for new bidders for the first time in IPL’s history and it will start from June 12, council secretary Jay Shah said.

“With two new teams, more games, more engagement, more venues, we’re looking to take #TataIPL to new heights,” Shah said on his Twitter account.

“I have no doubt that with this process there will not only be revenue maximization but also value maximization which will benefit India Cricket immensely.”
Disney Plus Hostar is the only IPL live streaming platform in India.
With IPL expanding from 60 to 74 games after the inclusion of Gujarat and Lucknow franchises, there will likely be a bidding war from peers including Zee-Sony and Reliance Viacom 18.
BCCI expects aggressive bidding for digital space between Amazon Prime, Meta and YouTube.
The detailed terms and conditions are mentioned in the “Invitation to Tender” (ITT) which will be available upon receipt of payment of the non-refundable fee of Rs 25 lakh excluding GST, BCCI said in a statement.
The ITT will be available for purchase until May 10.
Interested parties are requested to email details of payment made for the purchase of ITT to [email protected], he added.



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