Business Standard
Sunday, May 27, 2012
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||Companies & Industry||||||| 
 Section Home | News Now | Today's Paper | Q&A | People in the News | Industry News | Features | The Compass | Research & Analysis | Opinion | Corporate Results
Home > Companies & Industry Live Markets | Commodities
 

BIG TV asks BCCI for cheaper deal
Surajeet Das Gupta & Ashish Sinha / New Delhi Feb 21, 2009, 00:39 IST

Reliance-Anil Dhirubhai Ambani Group (R-ADAG)-controlled BIG TV has accepted an offer to re-negotiate its aborted deal with the Board of Control for Cricket in India (BCCI) for on-ground partnership rights of the Indian Premier League (IPL), provided the offer price is lowered.

BIG TV had signed a Rs 137-crore deal with BCCI last year for four editions of the tournament, but sources close to the negotiations said it was now willing to pay Rs 80 crore.

 
BCCI has not responded to this proposal yet.

BIG TV has also said there was no change in its condition that rival DTH player, Airtel DTH, could not remain a TV partner with broadcast rights-holder Sony Entertainment Television (SET). An R-DAG group spokesman declined to comment on the issue.

Last week, BIG TV walked out of the deal for on-ground partnership (which involve the rights for ground-branding), alleging discrimination by SET.

BIG TV told IPL CEO Sundar Raman last week that SET decided to offer the contract of exclusive on-air partner to Airtel DTH which quoted a lower price, sources close to the development said.

Sources said Sony initially offered BIG TV on-air rights for as high as Rs 75 crore, but then cut it to Rs 35 crore. They added that the deal with Airtel DTH was struck at an even lower price.

Under IPL laws, BIG TV by virtue of holding the ground sponsorship rights, also had the first right of refusal over the right to become the official DTH partner on television.

Sony President Rohit Gupta declined to comment on BIG TV’s offer. He, however, clarified that there was no discrimination on Sony’s part. “We have even given ‘first-look’ (first right of refusal) privilege to other partners such as Vodafone, Hero Honda, Kingfisher, BIG TV and Citibank, among others. We abided by the terms and conditions of the agreement.”

Meanwhile, IPL today clarified there was no move by BCCI to transfer the broadcasting rights from Sony to another broadcaster because of the R-ADAG and Airtel battle. Lalit Modi, commissioner of IPL, said: “I want to make it amply clear that all our sponsors and partners are still on board. They have all paid according to the schedule. In fact, a lot of other sponsors have approached us and are willing to pay more than our existing ones.”

He also dismissed speculation that Sony CEO Kunal Das Gupta had resigned over the issue of IPL demanding Sony pay compensation because of the loss of the BIG TV deal. “It’s an internal matter for Sony. Kunal is a personal friend of mine but the organisation, whether it’s Sony or IPL, is bigger than any individual. There’s no question of Sony pulling out,” said Modi, who is also BCCI vice-president.


Also read:
Feb 14: Clarify BIG TV charges: IPL to Sony 

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end flat
- IFC plans to invest in Malaysia's Khazanah healthcare arm
- Cong leaders must work together for winning elections: Scindia
- Hotel Leelaventure redeems outstanding bonds worth $41.6 mn
- Ex-Galleon portfolio manager testifies against Rajat Gupta
  Read Business news in 
- Journey on, We are by Your Side. Click here to know more
- 2 Lac Apartments, 1 Lac House / Plots. Click here
- Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol.
- The Best Seller is Also the No. 1 in Mileage. Click here
- Watch The Film Here. Click here to know more..
- Leader in Passenger Car & Automobile Tyres. Click here
- 1 billion in saving for Unilever without any tangles.
- A Brand New Server at a Price That Fits Your Budget. Click here
- Learn How One City is Running on FOOD SCRAPS.
- One Partnership Endless Possibilities. Click here to know more
- Helping doctors detect diseases earlier, saving costs & extending lives.
- 36 Lakhs can get you a pool of Luxuries. Click here
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- One of the leading business schools in the world.Know More
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- EGoM to now decide on base price for spectrum auction
- Rohit Viswanath: The news about soft power
- Air India pilots wanted a halt to command training of IA pilots
- ICICI Pru Life to use multiple CEOs to drive profitability
- K Yhome: Myanmar and India - a bridge, and a gateway to the East
 
 More  
Tax Shastra
  Now available at Special price
  Rs. 360/- Only

  Buy Now
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us