×
You will be redirected back to your article in seconds

Fox’s Star TV to Pay $2.55 Billion for Indian Premiere League Cricket Rights

Star India, part of 21st Century Fox, has won the auction to acquire worldwide rights for the Indian Premiere League cricket tournament. It bid $2.55 billion for rights that run for five years from 2018 through 2022.

The previous rights holders was Sony Pictures Network, which had acquired them from the Board of Control for Cricket in India for $1.63 billion, for a nine-year period that ended in 2017.

Bids were in seven categories – India television, India digital, U.S., Europe, the Middle East, Africa and rest of the world. Sony bid $1.7 billion. The Star group made a consolidated bid for all categories.

Defeated bidders this time included: Amazon, Facebook, Yahoo, ESPN Digital, Twitter, Sky, Discovery, British Telecom and Reliance Jio.

The IPL is an enormously popular and glamorous tournament that attracts the best players from around the world. Team owners include billionaire Mukesh Ambani and Bollywood stars Shah Rukh Khan, Juhi Chawla and Preity Zinta.

Uday Shankar, chairman of Star India,said: “We believe the IPL is a very powerful property, and we believe there is lots more value that can be created for fans of cricket on digital and TV. We would remain committed to ensure the growth of sports in this country continues to be driven by the power of cricket.”

 

More TV

  • Leslie Moonves, CEO of CBS CorporationAllen

    Leslie Moonves to Pursue Arbitration for His $120 Million Severance From CBS

    Former CBS Corp. chairman-CEO Leslie Moonves will pursue an arbitration claim to fight CBS for the $120 million severance that he was denied last month when the company’s board of directors determined he was fired for cause. Moonves was ousted in September after multiple women came forward with allegations of sexual misconduct against the longtime [...]

  • Grammy Awards60th Annual Grammy Awards, Press

    Camila Cabello, Cardi B, Post Malone, More to Perform at Grammy Awards

    The Recording Academy announced the first group of artists to perform on this year’s 61st annual Grammy Awards: nominees Camila Cabello, Cardi B, Dan + Shay, Post Malone, Shawn Mendes, Janelle Monáe, and Kacey Musgraves. The big show will be hosted by Alicia Keys and broadcast live on CBS at 8 p.m. ET 5 p.m. PT [...]

  • Beta Drops Trailer, Closes Major Sales

    Beta Closes Major Sales, Drops Trailer on Berlinale Series Title ‘M’ (EXCLUSIVE)

    Beta Film has rolled out its first major territory sales on drama series “M – Eine Stadt sucht einen Mörder” (“M – A City Hunts a Murderer”), which has just been confirmed by the Berlin festival as one of seven shows selected for its TV strand, Berlinale Series. Viasat has licensed pay-TV rights for Russia [...]

  • Joel Kinnaman Mireille Enos Esme Creed

    Amazon's 'Hanna,' New Season of 'False Flag' Lead Strong Berlinale Series Lineup

    Amazon Prime Video’s upcoming high-concept thriller “Hanna” will debut at the 2019 Berlinale Series, with its stars – Esme Creed-Miles, Joel Kinnaman and Mireille Enos – expected in Berlin for its premiere. Netflix also features in the lineup and will debut “Quicksand,” its first Swedish original. A roster of seven shows also includes big-ticket Sky [...]

  • China’s ‘Boonie Bears’ Reach Korea With

    China’s ‘Boonie Bears’ Reach Korea With Animated Series and Movie

    Two seasons of the hit Chinese animation series “Boonie Bears” have been licensed for release in South Korea. The deal was struck by animation studio Fantawild with content distributor Media to Media. The broker has acquired IPTV and VOD rights to “Boonie Bears: Four Seasons” and “Sunsational Summer and Snow Daze,” a total of 104 [...]

  • Mike Royce24th Annual Critics' Choice Awards,

    CBS Orders Comedy Pilot 'Story of Us' From 'One Day at a Time' Co-Creator Mike Royce

    CBS has ordered a pilot for the comedy “The Story of Us” from writer and executive producer Mike Royce. The hybrid comedy tells the story of how an unlikely couple becomes a family through interviews and vignettes spanning 10 years. In addition to Royce, Nick Stoller and Conor Welch will serve as executive producers. Sony [...]

  • 'Schitt's Creek' Stars Reveal Dream Guest

    'Schitt's Creek' Cast Reveals Dream Guest Stars: Oprah, Beyonce and ...

    “Schitt’s Creek” has big dreams. Dan Levy, who stars as David on the series, says his wish list of guest stars includes Oprah, Beyonce, Mariah Carey and Gwyneth Paltrow. “All for different reasons, none of whom we’ll get,” he cracked at the Critics’ Choice Awards. For those who haven’t caught on to the “Schitt’s Creek” [...]

More From Our Brands

Access exclusive content