The Board of Control for Cricket in India has invited bids for media rights of international and domestic cricket matches in India for a five year period.
The bids are invited for the international and domestic matches to be hosted by the BCCI for the next five-year cycle – from April 1, 2018, to March 31, 2023. The rights will be decided via an online auction on March 27. The online bidding process will start at 2 pm.
The Indian cricket board has advertised its invitation to invite tender in leading national newspapers. The bids are invited in the following three categories:
- Global television rights plus ROW digital rights package
- Indian sub-continental digital rights package
- Global consolidated rights package
Star India in 2012 had won the BCCI media rights for ₹3,851 crore.
The interested broadcasters or companies can also make a consolidated bid for all the three packages. The BCCI, after having conducted an open auction for the IPL media rights, has this time decided to go for an online auction. A bidders workshop has been scheduled on March 7 at 11 am to educate the interested bidders on the online bid process.
The “invitation inviting tender” documents are available for collection at the BCCI office from 10 am to 5 pm from Tuesday, February 20, to March 5. The parties may submit their bids latest by 10 am on March 27, which means up to five hours before the start of the online auction process.
Star Sports, which holds the BCCI rights presently, has last year acquired the Indian Premier League rights for a whopping ₹16,370.5 crore for the 2018-2022 five-year cycle.