IPL: DisneyStar bags India TV rights, Viacom18 gets digital

DisneyStar won the India television broadcast rights for the Indian Premier League (IPL) while the India digital rights went to Viacom18, said people with knowledge of the matter, on the second day of auctions. The Board of Control for Cricket in India (BCCI) mopped up a total ₹46,200 crore for the rights over next five years, they said. BCCI will make an announcement after completing auctions of all four rights packages.

Senior executives with direct knowledge of developments told ET that the TV rights for India, or package A, was won by DisneyStar for ₹57.5 crore per match, or a total ₹23,575 crore for 410 matches over five years. Package B – India subcontinent digital rights – went to RIL-controlled Viacom18 for ₹50 crore per match, adding up to a total ₹20,500 crore.

Auction for Package C and D

Together, the rights have been bought for Rs 107.5 crore per match for the 2023-2027 cycle.

The reserve price for TV and digital rights was Rs 49 crore and Rs 33 crore per match, respectively.

This sum is more than twice the Rs 16,347.5 crore that DisneyStar had paid in the last rights auction for a five-year period at Rs 54.5 crore per match. To be sure, that was for 60 matches per year.

As predicted by experts polled by ET, the auction did not see over-aggressive bidding, with just one more bid coming in for TV rights on Day 2, while the digital package didn’t get any new bids Monday and ended at Rs 48 crore per match. Subsequently, the winner of package A, DisneyStar challenged Viacom18 for the digital rights with a counter bid of Rs 49 crore per match. Viacom18 trumped that with a bid of Rs 50 crore.

The auction for package C-non-exclusive India digital rights (18 matches)-started Monday evening and will resume Tuesday at 11 am. On Monday night, the last bid for package C was for Rs 18.75 crore per match, as against the base price of Rs 16 crore, ensuring at least Rs 1,837.50 crore.

Meanwhile, two territories within the rest of the world package (Package D) — territory A, which includes Asia, Australia, Canada, the Caribbean Islands, Israel and New Zealand; and territory D — UK and Europe — were won by Viacom18 for Rs 40 lakh and Rs 50 lakh per match, respectively. These two territories will add Rs 164 crore and Rs 205 crore, respectively, to BCCI’s coffers. Other territories are B (Middle East and North Africa); C (South Africa and Sub-Saharan Africa); and E (the USA). The base price for each of the five territories was Rs 30 lakh per match.