Star India along with ESPNCricinfo has acquired 6 year broadcast, internet and mobile rights of cricket matches at home and domestic events like Ranji Trophy, Duleep Trophy and the Irani Trophy. The period of rights commences wef July 2012 till March 2018.
The value of contract is Rs 3851 crore and will cover 96 matches in all. The second highest bidder was Multi Screen Media (Sony), which bid Rs 3700 crore. ESPN-Star is already have the rights of all ICC events and also the rights of domestic cricket in England and Australia.
Earlier Nimbus was paying 32.5 Crores per match and now Star will pay Rs 40 Crores per match. It is a significant improvement in valuation and probably this is the reason BCCI President N Srinivasan was happy with the deal.
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