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Star bags media rights of Indian cricket team's home series for Rs 61.38 bn

At Rs 601.7 mn, the new per match payout is 40% higher than Star India's previous deal with the BCCI

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(From left) Uday Shankar, CEO, Star India, BCCI Committee of Administrators (COA) member Diana Edulji and BCCI Secretary, Amitabh Chaudhary at a press conference announcing Star India as the winner of the e-auction for the media rights of IPL 2018, i

Urvi Malvania Mumbai

Last Updated : Apr 06 2018 | 2:31 AM IST

After two-and-a-half days of intense bidding, it was Star India that prevailed and won the media rights to the Board of Control for Cricket in India (BCCI) for the 2018-23 tenure. The winning bid amounted to Rs 61.38 billion. Across 102 matches in the designated tenure, the auction spells a big payday for the BCCI earning it Rs 601.7 million per match.

The new per match payout is 40 per cent higher than Star India’s previous deal with the BCCI. The broadcaster won the board’s media rights in 2012 for the 2012-18 tenure at Rs 430 million