Sanjeev
Core Member
AlJazeera, the popular media house in the Middle East, had created quite a buzz in the sports broadcasting cir cles, with its professed show of interest in the global cricket rights but the news apparently was only a false alert.
The Qatar-based media network has categorically denied harbouring plans to bid for the rights of the International Cricket Council (ICC). “Al Jazeera English is not talks with the ICC for broadcast rights. We're a news channel with focus on news,“ a spokesman for the satellite channel told Mirror.
Similarly, the word also got spread that Reliance Industries Limited (RIL) would go vigorously after the proper ty. The recent acquisition of TV 18 Network by Reliance fuelled the speculation further as the takeover gives the premier Indian business house the needed qualification to be in the race. However, the news may not be entirely accurate.
According to conservative estimates, the winning bid could be over $ 1.8 billion while experts predict it might even cross the $ 2 billion mark.
Star had acquired the rights for eight years in 2007 for a whopping $ 1.1 billion.
It is given that Star Sports, the current holders of the rights, would put up a global bid but the surprise package could be Neo. The Nimbus-owned channel has apparently brought on board a few American investors and a company spokesman has confirmed to this paper that it will bid for the worldwide rights.
The Times Group
The Qatar-based media network has categorically denied harbouring plans to bid for the rights of the International Cricket Council (ICC). “Al Jazeera English is not talks with the ICC for broadcast rights. We're a news channel with focus on news,“ a spokesman for the satellite channel told Mirror.
Similarly, the word also got spread that Reliance Industries Limited (RIL) would go vigorously after the proper ty. The recent acquisition of TV 18 Network by Reliance fuelled the speculation further as the takeover gives the premier Indian business house the needed qualification to be in the race. However, the news may not be entirely accurate.
According to conservative estimates, the winning bid could be over $ 1.8 billion while experts predict it might even cross the $ 2 billion mark.
Star had acquired the rights for eight years in 2007 for a whopping $ 1.1 billion.
It is given that Star Sports, the current holders of the rights, would put up a global bid but the surprise package could be Neo. The Nimbus-owned channel has apparently brought on board a few American investors and a company spokesman has confirmed to this paper that it will bid for the worldwide rights.
The Times Group
