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Tag: invitation to tender

  • ICC releases invitation to tender for pathway events from 2025-2027

    ICC releases invitation to tender for pathway events from 2025-2027

    MUMBAI: The International Cricket Council (ICC) has  released its invitation to tender (ITT) for various rights for ICC Pathway Events from 2025 up until the end of 2027.

    Following the successful conclusion of the production and distribution of ICC Pathway Events from 2021-2024, the ICC is now starting the process for the next cycle.

    The one combined package consists of 56 Pathway events comprising of 1246 matches across Women’s Cricket World Cup 2025, Men’s and Women’s T20 World Cups 2026 and 2028 and Men’s Cricket World Cup 2027.

    The bundled rights include broadcast rights, event sponsorship rights, data rights and the successful bidder will also have the obligation to produce all matches. The successful bidder will have exclusivity to show the events live in India while the matches will be beamed live on the ICC’s OTT platform, ICC.tv in the rest of the world.

    ICC chief commercial officer Anurag Dahiya said: “This is an incredibly exciting time for ICC Pathway Events. They play an important role in the development of cricket across our Emerging Members and provide context to ICC global flagship events. With the competitive and exciting cricket showcased in these events, the next three years present a fantastic opportunity to engage and strengthen relationships with fans across markets globally.”

    The ITT was  released today, and interested parties need to email iccmediarights2024-2031@icc-cricket.com to access the tender documents.

  • ICC to release media rights tender for Indian market on 20 June

    ICC to release media rights tender for Indian market on 20 June

    Mumbai: The International Cricket Council (ICC) will release its first invitation to tender (ITT) for media rights for the next cycle i.e., for 2024 of ICC events starting on 20 June, 2022. The ITT is for the Indian market only, with up to six packages available across TV only, digital only or a combination of both.

    For the first time ever, men’s and women’s rights will be sold separately, and prospective partners can bid for 16 men’s events (over eight years) and six women’s events (over four years), totalling 362 and 103 matches, respectively. Interested parties will be required to submit a bid for the first four years of men’s events. However, they also have the option of bidding for an eight-year partnership.

    “International cricket consistently attracts huge audiences and that is driving significant interest from broadcasters for ICC events. We have more than one billion fans that passionately follow the game globally, and they will be looking forward to seeing the best players in the world competing for cricket’s most prestigious trophies,” said ICC chief executive Geoff Allardice.

    He further said, “There has been significant growth in interest in women’s cricket over the last five years and we have made a long-term strategic commitment to accelerate that growth and unbundling the rights for our women’s events will play a huge role in that. We are looking for a broadcast partner who is excited by the role they will play in growing the women’s game and ensuring more fans than ever before can enjoy it.”

    The ICC board will take its decision to allot the media rights by September 2022. The ITTs for additional markets will be released following that.

  • BCCI extends deadline for purchasing IPL media rights ITT document

    BCCI extends deadline for purchasing IPL media rights ITT document

    Mumbai: The Board of Control for Cricket in India (BCCI) has extended the date to purchase the ‘Invitation to Tender’ (ITT) for media rights to the Indian Premier League (IPL) 2023-2027. The tender documents are now available for purchase until 20 May.

    “Pursuant to requests from various interested parties, BCCI has now decided to further extend the date for purchasing the ITT documents,” said BCCI honorary secretary Jay Shah.

    The governing council of the IPL had issued the ‘Invitation to Tender’ documents on 29 March that were available for purchase for a non-refundable ITT fee. Any interested party wishing to submit a bid is required to purchase the ITT. However, only those satisfying the eligibility criteria set out in the ITT and subject to the other terms and conditions set out therein, shall be eligible to bid.

    BCCI is expected to rake in at least Rs 32,890 crore by selling the TV and digital media rights for the IPL for the 2023-2027 seasons. This is more than double the value at which the rights were sold to Star India five years ago i.e., Rs 16,347.5 crore for the combined TV plus digital media rights. Notably, this time, BCCI has not offered an option for a composite bid to acquire both the TV and digital media rights for the IPL. This means that the TV broadcast rights will be sold separately at a base price of Rs 18,130 crore for five years and the digital broadcast rights will be sold separately at a base price of Rs 12,210 crore for five years.

    As per media reports, Disney Star, Sony Pictures Networks India-Zee Entertainment Enterprises, Viacom18-Reliance Industries, Amazon, Alphabet (Google), Dream11 and Times Internet have bought the ITT document.

    According to a report by Media Partners Asia, sports rights investment in India will grow at 10.1 per cent CAGR (compound annual growth rate) bolstered by demand for cricket properties, led by the IPL.

  • IPL media rights: Major contenders come on board to buy ITT

    IPL media rights: Major contenders come on board to buy ITT

    Mumbai: Within a week of Board of Control for Cricket in India (BCCI) releasing the Invitation-To-Tender (ITT) to sell the Indian Premier League (IPL) media rights for the 2023-27 broadcast seasons, major players such as Disney Star, Reliance Viacom18, Sony, Zee and Amazon, and an unnamed company have bought the document.

    As per a report by The Times of India, American tech giant Apple is expected to buy the ITT next week.

    BCCI invites bids for IPL media rights from 2023-27

    The total base price for the media rights has been set at Rs 32,890 crore calculated on the basis of 74 matches to be played this season. The board has divided the rights into four bundles including TV broadcast rights for the Indian subcontinent set at a base price of Rs 18,130 crore (74 games), digital rights for the Indian subcontinent set at a base price of Rs 12,210 core (74 games), non-exclusive digital rights for Indian subcontinent (18 matches including the opening match, four playoffs and night games of the doubleheaders) set at a base price of Rs 1,440 crore and TV and digital rights for the rest of the world (74 games) set at a base price of Rs 1,110 crore.  

    The e-auction for the media rights will be held in the second week of June. The deadline to purchase the ITT will end on 10 May.

  • BCCI invites bids for IPL media rights from 2023-27

    BCCI invites bids for IPL media rights from 2023-27

    Mumbai: The Board of Control for Cricket in India (BCCI) on Tuesday released the Invitation to Tender for Media Rights to the Indian Premier League (IPL) for the 2023-2027 seasons.

    The governing council of the IPL has invited bids from ‘reputed entities’ to acquire the media rights for the IPL 2023-27 seasons, through a tender process.

    The detailed terms and conditions governing the tender process including eligibility requirements, process for submissions of bids, proposed media rights packages, and obligations are contained in the ‘Invitation to Tender’ (ITT) which will be made available on receipt of payment of non-refundable fee of Rs 25 lakh plus any applicable goods and services tax. The ITT will be available for purchase till 10 May, said the statement.

    “Any interested party wishing to submit a bid is required to purchase the ITT,” stated BCCI honorary secretary Jay Shah. “However, only those satisfying the eligibility criteria set out in the ITT and subject to the other terms and conditions set out therein, shall be eligible to bid. It is clarified that merely purchasing this ITT does not entitle any person to bid.”

    Furthermore, BCCI reserves the right to cancel or amend the bidding process at any stage in any manner at its discretion.

     

  • BCCI invites bids to acquire IPL franchise rights

    BCCI invites bids to acquire IPL franchise rights

    Mumbai: The Board of Cricket Control of India (BCCI) has invited bids to acquire the right to own and operate one of the two new teams proposed to be introduced to take part in the Indian Premier League starting from the 2022 season, through a tender process.

    BCCI, honorary secretary, Jay Shah said the detailed terms and conditions governing the submission and evaluation of bids including eligibility requirements, process for submissions of bids, proposed new teams’ rights, and obligations, etc are contained in the ‘Invitation to Tender’ (ITT). “ITT will be made available on receipt of payment of a non-refundable fee of Rs 10 lakh plus any applicable goods and services tax. It will be available for purchase till 5 October,” he said.

    “Interested parties are requested to email at ittipl2021@bcci.tv to get further details for purchasing the ITT. The email requesting the ITT should have the subject line ‘ITT for the Right to Own and Operate One of Two Proposed New IPL Teams’. Any interested party wishing to submit a bid is required to purchase the ITT. However, only those satisfying the eligibility criteria set out in the ITT and subject to the other terms and conditions set out therein shall be eligible to bid. It is clarified that merely purchasing this ITT does not entitle any person to bid,” Shah added.

    BCCI reserves the right to cancel or amend the bidding process at any stage in any manner without providing any reason.