Category: Sports

  • Real Madrid sells TV rights in $1.4 billion deal

    Real Madrid sells TV rights in $1.4 billion deal

    MUMBAI: Real Madrid, soccer’s richest club by sales, has sold its television rights to its games through 2013 to production company Grupo Mediapro for $1.4 billion, in what it called a record deal for a sports team.

    Media reports state that Mediapro, which already owns the rights to matches of European and Spanish champions Barcelona, beat off competition from local broadcaster Telemadrid and cable operator Sogecable.

    Sogecable currently owns the rights to Real Madrid’s matches
    The agreement is the most expensive TV rights deal in club soccer, Real Madrid said in a statement. Mediapro was the highest bidder, the club said.

    Mediapro is a major shareholder in the new free-to-air Spanish channel La Sexta, which was launched this year. Mediapro recently agreed to share local TV rights with broadcaster Sogecable SA.

    Mediapro’s deal with Real Madrid ends several weeks of uncertainty for Mediapro and Sogecable, after Spanish media reported that state-owned TV network Telemadrid was also attempting to obtain the rights.

  • ‘What we need to do now is concentrate on our week day prime time band’ : Sneha Rajani – Max business head

    ‘What we need to do now is concentrate on our week day prime time band’ : Sneha Rajani – Max business head

    It has been an eventful time for Max. It recently aired the champions Trophy. Having successfully shored up its share on the weekend due to its focus on Sunday, it is now concentrating on strengthening its week day prime time band. It is also putting together plans for next year’s cricket World Cup.

    Indiantelevision.com’s Ashwin Pinto caught up with Max business head Sneha Rajani for a quick chat. She recently took over from former head Albert Almeida who was tapped to head Sony.

    Excerpts:

    Firstly, could you talk about the push given to The Champions Trophy by Max?
    If you look at the, ratings you will see that once again cricket on Max has delivered higher ratings than on any other channel. This started four years back. The non-India match ratings have been a revelation. It has been the highest since the World Cup. Our ratings were certainly helped by the buzz that Extraaa Innings bought and the innovations we did.

    Some advertisers I spoke to were not too happy. Do you feel there would be some cooling off in the next edition of the event?
    One grouse is that a lot of the matches including the final finished way too early. I think the advertisers are smart enough to understand that its in nobody’s hand whether the game ends before 100 overs or goes on till the end. This Champions Trophy has been fascinating from a cricket point of view as it has been unpredictable. When you have a high scoring game you have an idea of who will win and lose. Here dodgy totals kept viewers in suspense. It could swing either way. This is why the non-India ratings were more than what was achieved in 2004. So I don’t think it would in any way effect the next year’s Trophy.

    A lot of matches did not last 100 overs as it was a bowlers tournament?
    Matches ending early is in nobody’s hand. As an advertiser, if you decide not to put money the next time around in 2008 because of this and most matches last 100 overs it will be a lost opportunity. You cannot pre-empt anything.

    What is Max’s game plan going to be to build up buzz and anticipation ahead of the World Cup?
    We tailor our campaigns around where an event is happening. The campaign is always skewed to reflect the country a tournament is being played in. So when the Champions Trophy was in Sri Lanka it had a sub continental feel to it. In England we incorporated the stiff and proper mannerism into our campaign.

    In India we did the Shaadi campaign to emphasize the spectacle. Everything was shown as larger than life and melodramatic. Now when we go to the West Indies the campaign will be around beaches, sun and sand. It will have a carnival atmosphere.

    You are doing a ‘Host ka Dost’ hunt. What are the logistics involved to find someone to go the West Indies?
    This initiative is being done in collaboration with Reliance. It is a hunt for someone who’ll be part of the Extraaa Innings team for the World Cup and other cricket that we may have.

    If one is selected from the call they would be asked to come for an audition at Reliance Webworld, where they have to give a two to three minutes performance in front of the camera. There will be five finalists who would be further shortlisted by public voting. At present we are just at the call stage. We should wrap this up by the second week of January.

    Matches ending early is in nobody’s hand. As an advertiser, if you decide not to put money in 2008 because of this and most matches last 100 overs it will be a lost opportunity

    What are the big properties that Max has lined up for now till March?
    We signed some big movies recently. Fanaa is coming up as a weekend premiere. We also have Apna Sapna Money Money. January and February 2007 is where big titles will be shown. In terms of thematic blocks right now we have a King Khan festival.

    Certainly having a theme block associated with a star brings in loyalty. We will also have a comedy festival lined up for December.

    How do you push the non-blockbusters?
    It’s simple. We market and promote them in a way that has not been done before. It is all about the buzz you create – old wine in a new bottle. On air promotions are a key. You find a key moment that defines a film and you push that. We had a movie called Nayak, which tanked at the box office. It has delivered tremendous ratings for us though.

    In the past you focussed heavily on Sunday with housefull and then the blockbuster at 1 pm. How did this help grow your share over the weekend?
    Our reach has grown by 20 per cent. A 12-hour slot delivers an average of 1+. We will continue to focus on Sundays as well as festivals that happen once in a month. What we need to do now is concentrate on our week day prime time band. The evening slots are fine. The afternoon band is doing well where we have a block for women.

    My job is to strengthen the Monday – Friday prime time band from 9 pm. There will be a mix of titles. We have 36 China Town, Golmaal.

    What libraries were recently acquired?
    To name a few we have acquired Sajid Nadiawalla’s library, Yash Chopra’s library and Ramesh Behls library recently. Our library is over 1000+.

    What are the changes that have happened in the acquisitions process in the past couple of years?
    We have always focussed on acquiring the top five to six films in a year and that will stay. The scenario has changed with more players. More buyers for the same product means that the pricing has become buoyant. Competition is good and It keeps us on our toes.

    One big change that has happened, especially in the past year is that films are acquired before their theatrical release. This is a risk that all broadcasters are taking. This was not the case earlier on. Then it was more staid. You now go by track records in buying films pre-release. We just presume that a certain star cast with so and so director and producer should be doing well.

    If you go with established producers you should be fine. Sony has great relationships with them. Shaadi Se Pehle was a title that we bought pre release. The acquisition process is very organised. The producers are fairly realistic, they know which film is to be priced at one crore and which at 10 crores.

    How important are dubbed Hollywood films?
    Extremely! We launched Hollywood Hungama two and a half years back. It is one of the most loyal slots on our channel. Each year we acquire 25-30 titles.

    You had in the past done the innovation of the onebreak film. What further innovations can we expect to boost viewer loyalty?
    It worked for us initially and then it did not. Viewers got worried that why is the channel not having a break. They might feel that one ad break equates to a channel not doing well. They are conditioned to having breaks in between a film. Also we had a lot of ads on our plate to schedule. The one ad break did not prove to be economically viable.

    We keep looking at innovations that will surprise people. In this Champions Trophy we had huge cut-outs of Mandira Bedi and Virendra Sehwag at Mahim. We will do some wrap around programming on films and we are also looking at an innovation during our ad breaks. We do outdoors on special occasions, like for Lucky we had done an outdoor and we might do it for Fanaa too.

    Are you also looking at new formats like chat shows, news related film specials to add variety or is there too much of this already on Indian television?
    No! We already have Sony and Sab for this kind of content. We have a news show Current Bollywood but we will not be adding to this.

    New media segment is growing in importance in terms of mobile and the internet. What can we expect from Max in this regard?
    We did a lot of mobile activity for the Champions Trophy. It was very interactive. We offered movie trivia on the mobile and did contests as well. Clips we do not offer as the rights belong to either a mobile firm or a producer. Whether we go beyond will be an a decision that will be taken as an organisation and not as a channel. We won’t rule it out though. On the net right now Max site basically offers film information.

    One way that Max has separated itself in cricket has been through personalities like Mandira Bdei. Are you planning to extend this association further through the film platform?
    We already do this. She used to anchor Extraaa Shots which was a wrap around show for our films. Manish Vanicha is now anchoring the show. He is now doing stuff on cricket. So while Mandira moved from a cricket anchor to a film anchor Manish did the opposite. Next year you will see more personalities.

    Besides cricket and films what other events is Max looking at over the next few months?
    We have the Max Stardust awards coming up. We have been doing that for the last two years. I would say that it was the best looking awards show last year. Concerts air across the network.

    Could you talk about how your client portfolio has grown as well as ad rates?
    In the last year our client base has grown by 25 per cent. I am not in a position to talk about revenues or increase in ad rates.

  • Lagardère in $ 1.1 billion buyout of Sportfive

    Lagardère in $ 1.1 billion buyout of Sportfive

    MUMBAI : French conglomerate Lagardère SCA, which has interests ranging from media (mainly publishing) to defence, has announced it is acquiring Sportfive, the no.1 in European football marketing and media rights, for an enterprise value of €865 million ($1.1 billion).

    This acquisition, which will take place once clearance has been obtained from the European competition authorities, is Lagardère’s first move into the international sports rights trading and agency market. It is in line with Lagardère’s long-term strategy of increasing its presence in exclusive-access media content with high growth potential.

    According to a statement issued by the company, the Sportfive deal is a logical progression from its expansion into the sports industry over the past three years, and the newly-acquired business will benefit from the support of Lagardère’s international media-buying activities.

    Sportfive acts as a partner to sporting bodies and clubs, helping them to extract maximum value from their rights. These rights include media rights, which are bought by TV broadcasters and other content-providers (currently via the Internet and mobile phones), and marketing rights, which enable advertisers to reach the public by buying space in a range of media (team shirts, panel advertising at grounds, stadium sponsorship, etc), thereby associating their brand image with football federations, leagues, clubs or sporting events.

    At present, Sportfive is involved primarily in football, the most highly-developed and attractive sports market in the world.With a rights portfolio embracing over 250 clubs, 50 of Europe’s principal football federations and leagues, and media rights for prestigious international football tournaments like Euro 2008 and the African Cup of Nations, Sportfive is the unchallenged market leader.

    Sportfive operates across the five continents via a network of 11 offices. For 2006, the company is forecasting revenues of €526 million, EBITDA of €85 million and EBITA of €55 million. The principal shareholders of Sportfive are Advent International, Goldman Sachs Capital Partners and RTL Group.Lagardère was advised by Calyon, Goetzpartners, Ernst & Young (Transaction Advisory Services) and Clifford Chance.

  • ESS takes fresh guard as SA tour gets underway

    ESS takes fresh guard as SA tour gets underway

    MUMBAI : It’s has been a long, hard winter as far as big ticket cricket is concerned for ESPN star Sports, and it’s finally coming to an end. After almost two years of managing without any A-list cricket tours or fixtures, ESS takes fresh guard on that front with India’s tour of South Africa.

    From now till June-July 2008, ESS has an itinerary that boasts of big league cricket involving the Indian team every six months on average.

    India’s 54-day tour to South Africa kicks off tomorrow and includes five One-Day Internationals and three Test matches. ESS will be broadcasting the ODI series in both English as well as Hindi feed.

    ESPN will telecast the series in English with commentators Sunil Gavaskar, Harsha Bhogle, Allan Wilkins, Ravi Shastri and Wasim Akram joined in by South African Pat Symcox. The Hindi programming for the series on Star Sports will be spearheaded by India’s answer to Jay Leno Shekhar Suman, with expert commentary by Syed Kirmani, Wasim Akram, Arun Lal, Maninder Singh and Zaheer Abbas.

    ESS has also been presenting Planet Cricket, a six episode cricketing travelogue covering the five venues on India’s calendar to South Africa. The series will cover the five cricket grounds of Centurion, Johannesburg, Port Elizabeth, Cape Town and Durban with the sixth episode being the highlights of the previous five. The show, a preview series to India’s tour of South Africa, is hosted by Gautam Bhimani and airs its last episode today.

    What will be worrisome for ESS (from a revenue mop-up perspective) is that the Indian team has been going through a lean phase, particularly in one-dayers since the tour of the West Indies in April this year. The team lost the one-day series in the Caribbean , failed to reach the final of the DLF Cup tri-series in Malaysia and were knocked out of the Champions Trophy before the semi-final stage.

    And history doesn’t favour India in South Africa either. Since 1992, India has played nine tests in South Africa, without success against the African country. In the ODIs too, India has a dismal success rate in South Africa. Out of 16 one day internationals India has managed to win only three with the last one in the 2001/02 season.

    So it is not just captain Rahul Dravid and coach Greg Chappell who will be praying for a change in India’s fortunes. Knowing the Indian public, a few wins by the Indian side and it will be back to hallelujahs all round.

    Schedule of the India Vs South Africa ODI match series on ESPN Star Sports

    Date Time Event
    19 Nov 18:00 1st ODI, New Wanderers Stadium, Johannesburg (D/N)
    22 Nov 18:00 2nd ODI, Kingsmead, Durban (D/N)
    26 Nov 13:30 3rd ODI, Newlands, Cape Town
    29 Nov 18:00 4th ODI St George’s Park, Port Elizabeth, (D/N)
    3 Dec 13:30 5th ODI, SuperSport Park, Centurion

    Schedule of the India Vs South Africa Test match series on Star Sports

    Date Time Event
    15-19 Dec 2006 14:00 1st Test Wanderers, Johannesburg
    26-30 Dec 2006 13:30 2nd Test Kingsmead, Durban
    2-6 Jan 2007 14:00 3rd Test Newlands, Cape Town
  • ICC to decide on bids only next month

    ICC to decide on bids only next month

    MUMBAI: The International Cricket Council (ICC) will be discussing the matter of the sale of its broadcast rights at a meeting of the ICC’s Board only on 9 December.

    Initial meetings with potential partners have been taking place, the ICC has said, further clarifying that reports stating that the matter will be decided today are misleading.

    It is worth noting here that Zee Telefilms CMD Subhash Chandra, in an interview to business news channel CNBC TV18 given on Monday, when he announced the acquisition of Ten Sports, had said in this regard, “I am told that next Friday is when they (the ICC) will open the financial bids. Hopefully Friday next we will know about it.”

    Considering that Zee is one of the companies that has put in a bid for these rights, it would seem that the ICC has done a poor job of communicating its timelines to the concerned parties.

    As had been reported earlier by Indiantelevision.com, there have only been three global bids tabled and a significant absentee from the list is ESPN Star Sports.

    As it turns out, two of the global rights bidders — Zee Telefilms and Ten Sports-Infront — are acting in consort while the third contender is the now familiar name in all matters cricketing — Harish Thawani’s Nimbus.

    As for ESPN Star Sports, sources familiar with the developments say it has tabled a territory bid that covers the Indian Subcontinent and the Middle East.

  • ESS to launch cricket based comedy series ‘Full Toss’

    ESS to launch cricket based comedy series ‘Full Toss’

    MUMBAI: ESPN Star Sports is set to launch a bi-weekly comedy series Full Toss, a satirical take on the functioning of a fictitious cricket organisation.

    The 26 episode series will go on air during India’s tour of South Africa on Star Sports, starting 22 November, during the innings break of the 2nd One Day International between the two sides. It will be showcased every Wednesday and Monday thereafter at 9:30 pm.

    The series is produced by Eagle films and directed by Rajiv Mehra, the same team behind many movies and popular sitcoms like Office Office and Zabaan Sambhal Ke. Renowned actors and some of the most popular names in Indian television today will play characters portraying officials of a fictitious cricket organisation.

    ESPN Software India MD R C Venkateish said, “We intend to provide diversity and cater to focused audiences in India with reality shows, light hearted spoof series and chat shows in addition to our staple diet of world class live coverage of sporting events. With Full Toss, ESPN Star Sports extends its line of programming to include cricket-series of a new kind to reach out to larger audiences in the country.”

    Full Toss director Rajiv Mehra said, “Full Toss is not just another weekly soap but a sitcom with cricket as the setting. Each episode of the series will feature a new story that will appeal to audiences across ages. A sootradhar will be the pivot for the series that will spoof issues faced in the cricket world that mass audiences in a cricket crazy country like India would relate and empathize with.”

  • Bangla board clears Nimbus deal after cricket chief quits

    Bangla board clears Nimbus deal after cricket chief quits

    MUMBAI: Bangladesh Cricket Board (BCB) president Mohammad Ali Asghar has resigned to clear the way for the government to sign a record television deal with Singapore-headquartered Nimbus Sport.

    As already reported on Indiantelevision.com, the deal, which runs from 1 November 2006 to 31 March 2012 and includes 16 international cricket events, was awarded to Nimbus after it made a whopping $ 56.88 million bid. Nimbus Sport will exclusively market media rights encompassing television, radio, broadband internet and mobile telephony. Nimbus will also produce the television world feed for all the events in the term.

    The official announcement that the Bangladesh board and Nimbus had entered into a partnership for marketing of BCB media rights came a day after Asghar’s resignation.

    Replacing Asghar, a lawmaker of the country’s outgoing ruling party, is senior government official Mohammad Abdul Aziz.

    “I have resigned as the ministry was delaying signing a deal with Nimbus that won a tender for a cricket marketing deal,” Asghar had been quoted by news service Reuters as saying.

    Nimbus will exclusively market media rights encompassing television, radio, broadband internet and mobile telephony. Nimbus Sport will also produce the television world feed for all the events in the term.

    Nimbus’ telecast of Bangladesh cricket begins later this month with a five-match one-day series against Zimbabwe. After that, Bangladesh plays Bermuda and Canada in early 2007 (two ODIs each).

    The full roster of international cricket events the rights encompass include three India tours, and tours by all major test-playing nations including England, Australia, South Africa, Sri Lanka, Pakistan, West Indies and New Zealand. It also includes a number of domestic cricket events, an offical release states.

  • ESS plays it cool on Zee acquisition of Ten Sports

    ESS plays it cool on Zee acquisition of Ten Sports

    NEW DELHI: In the face of the acquisition of Ten Sports by Zee Telefilms, rival ESPN Star Sports has presented an unruffled visage, though the scene could be different in the boardroom.

    Star officials avoided commenting during the day, but in the evening, ESPN India head RC Venkateish said: “It changes nothing in the landscape.”

    The deal between Zee Tele and Ten Sports will give Zee for the first time access to high-viewership international programmes, especially cricket, and also a foothold in the West Asian markets. Would this not give ESPN-Star some competition in India? “I don’t think so,” Venktateish told indiantelevision.com.

    “ESPN is the world sports TV leader. Zee Sports was there already and so was Ten Sports, and they were already having many sports properties. What has happened is a change in the pattern of ownership. Why should it make a difference to us?” Venkateish pointed out.

    “We are focussing on what we have already,” he added.

  • Zee Telefilms picks up 50% stake in Ten Sports

    Zee Telefilms picks up 50% stake in Ten Sports

    MUMBAI: Zee Telefilms Ltd. has acquired 50 per stake in Ten Sports in an all-cash deal for $57.15 million.

    Confirming the development Essel Group CEO of corporate strategy and finance Rajiv Garg said, “The acquisition has been made with the enterprise value of Ten Sports at $114.3 million.”

    Ten Sports was in prolonged discussions with Sony Entertainment Television (SET) India, but talks were called off as differences on valuations could not be ironed out.

    Zee will have controlling interest in Taj TV as in the seven-member board, it will have four representatives while Abdul Rahman Bukhatir (Taj TV promoter) will have three.

    Zee has the option to hike its stake in Taj TV after 2009. The price of the balance 50 per cent will be decided at that stage by the two companies and an independent valuer.

    “This acquisition is an important step from Zee towards consolidation in the media industry. We are confident that this will add significant value for the shareholders of Zee. The acquisition of a stake in Ten Sports not only gives us a strong foothold in the arena of sports broadcasting across Asia but also strengthens our operations in the Middle East.

    “I have known Bukhatir for some time now and have the greatest respect for him as a businessman and his leadership as one of the most successful conglomerates in the Middle East and more particularly, the achievements that he has had in the areas of manufacturing, retail, construction, and especially the way he has popularised cricket in the Middle East. I am certain that our joint partnership will result in a mutually beneficial relationship,” said Zee Telefilms chairman Subhash Chandra.

    Taj TV’s average annual revenue for the next three financial years will be around $50 million, Zee said in a statement today. The average annual EBITDA is expected to be $14 million during this period. The Taj TV financial statements shall be consolidated on a line by line basis in Zee’s books.

    Ten Sports operates separate beams in the Middle East, Pakistan, Sri Lanka, Bangladesh and Hong Kong. Besides, it has rights to leading cricket properties like Pakistan Cricket Board, Sri Lanka Cricket Board and the West Indies Cricket Board. “These rights combined with the BCCI neutral venue rights that Zee Sports has, creates the single largest repertoire of cricket programming. Among the other sports, Ten Sports also has rights to the UEFA Champions League, WWE, US Open, Hockey World Cup, which rate amongst the most popular programs in India. Zee Sports also has the rights to Indian football, Davis Cup, WTA, Italian Serie A. Both the sports channels will be able to leverage these properties to its maximum potential across both the platforms,” the release said.

    Ten Sports is distributed by SET-Discovery’s One Alliance and is guaranteed minimum subscription revenues.

    Commenting on the deal, Bukhatir said, “Sports television is an extremely challenging business, and yet we have in a short time established ourselves as a major player. I believe that we will now take Ten Sports to unprecedented heights by joining hands with Zee and Chandra. I have the utmost respect for him as a business man and I have been very impressed by the leadership position he and his team have staked out in every line of the media business, from content to cable to DTH to international. Ultimately, I see our partnership as one which will change the industry.”

    Zee Sports and Ten Sports will draw synergies from each other in operating in the Asian market place. The two will work out plans to share the sports properties between the two channels. Also sharing of different language commentaries will be worked out. “This move would consolidate the number of sports broadcasters in India, thereby bringing about a price correction in the burgeoning rights fees for various sports properties,” the release pointed out.

    Expanding on the benefits of the deal, Zee Sports business head Himanshu Mody said,”The addition of Ten Sports gives us a significant strength, enabling further effective exploitation of all our sports properties. The operational synergies between Zee Sports and Ten Sports would be tremendous and we should be able to run the two channels at much better economies of scale.”

    The Zee scrip reacted positively today, gaining 3.33 per cent to close at Rs 341.65, after touching an intra-day high of Rs 345.50.

  • Ten Sports extends deal with US PGA Tour

    Ten Sports extends deal with US PGA Tour

    MUMBAI: Ten Sports has announced the extension of its broadcasting rights deal with the US PGA Tour, giving it coverage for the next three years.

    The deal allows Ten Sports to broadcast over 40 golf events each year.
    The Players Championship, the WGC-Mission Hills World Cup, the Arnold Palmer Invitational presented by MasterCard, the WGC-Accenture Match Play and the Buick Invitational are just some of the events that will feature in the coverage.

    Ten Sports viewers will be treated weekly golf from players such as Ernie Els, Vijay Singh, Jim Furyk and Tiger Woods.
    Ten Sports’ parent Taj Television CEO Chris McDonald said, “The US PGA Tour is the world’s premier tour and we are delighted to have renewed our existing contract. It proves once again Ten Sports ambition to continue to provide the very best in sports entertainment and set the highest standards in sports broadcasting.”

    Ten Sports had originally signed a short-term trial agreement with the Tour for 2006 for six events. Ten Sports VP programming Peter Hutton said, “The success of our coverage in 2006 means that we are now happy to sign a much bigger agreement for the next 3 years, which guarantees us live coverage of the world’s top golf on a weekly basis.”

    Ten Sports is already the rights holder to the European Tour and the US PGA Championship.