Times group firm wins IPL media rights
The IPL Governing Council Sunday announced that the media rights tender for IPL?s global internet, mobile and radio rights, along with television rights in certain television territories, was won by a consortium led by Times Internet Limited, part of the Times of India group, for a total rights fee of Rs 261.6 crore ?for the four year period 2011-14.
The bid opening process followed the order of the Supreme Court, the Board of Control for Cricket in India (BCCI) said.
Mr Justice Mukul Mudgal, retired Chief Justice of Punjab and Haryana, was present as observer, as per the court orders.
The IPL 2011 season starts on ?April 8 when reigning champions, Chennai Super Kings host the Kolkata Knight Riders in Chennai.
The television rights to the IPL for the Indian sub-continent, which continue to be held by SET MAX, along with certain other territories, were not part of the tender offer, said BCCI president-elect?N. Srinivasan