News Star India bags IPL media rights for Rs 3.02 billion

[Deepu]

Novi Digital Entertainment, a wholly-owned subsidiary of Star India, has bagged the IPL media rights for Rs 302.2 crore (Rs 3.02 billion) from 2015-2017. The reserve price for the three-year rights was set at Rs 120 crore (Rs 1.2 billion). The BCCI had received bids from Times Internet, Multi Screen Media (MSM) and Novi Digital Entertainment.

Read more at: http://www.televisionpost.com/television/star-india-bags-ipl-media-rights-for-rs-3-02-billion/ | TelevisionPost.com

 

[Technoglitch]

star has won the rights for Internet and some territories.

 

[DashMajor]

Was expected since Times was against BCCI's working policy but what happened to Reliance ? Are they bid or loose ?

 

[ajuravi]

So now in India cricket is monopolized by STar India.....

 

[Mr.A.N]

One day star will buy BCCI and other sports organisation if this continues