IPL’s TV Media Rights were acquired for Rs 57.5 crore per match and internet rights were sold for Rs 48 crore every game: Report

According to Cricbuzz, the domestic TV rights (package A) for the Indian Premier League (IPL) cycle 2023-2027, which began on Sunday, have been sold for Rs 57.5 crore per match and internet rights (package B) have been sold for Rs 48 crore.

According to Cricbuzz, the domestic TV rights (package A) for the Indian Premier League (IPL) cycle 2023-2027, which began on Sunday, have been sold for Rs 57.5 crore per match, while the internet rights (package B) have been sold for Rs 48 crore.

“The television rights of the Indian Premier League (IPL) media rights have been sold, at it’s just about Rs 50 lakh more than Sunday’s bid of Rs 57 crore. The final count is Rs 23,575 crore for Television rights at the cost of Rs 57.5 crore per game. The digital pack did not see any bid and it closed at Rs 48 crore per game,” said the report.

The winners of the TV and digital rights bids have yet to be identified, according to the article, with no official announcement from the Board of Control for Cricket in India (BCCI). It also stated that a re-bid between winners of TV and digital rights will begin at 1:51 p.m. on Monday, implying that package A and B will have two separate winners.

Aside from packages A and B, which are television and digital groupings for the Indian broadcast region, there are two more packages in contention: package C, which includes 18 non-exclusive special matches (base price of Rs 11 crore), and package D, which includes rest of the world rights (base price of Rs 11 crore) (base price of Rs 3-crore).

Star India now holds the IPL rights for the 2017-22 cycle, having won a winning offer of Rs 16,347.50 crore in September 2017 for both TV and digital rights.

Sony Pictures Network had previously obtained the IPL TV media rights for a 10-year period with a bid of Rs 8,200 crore during the tournament’s debut.