Catch Live action and Highlights of IPL: MI vs KKR Pepsi IPL 2013 Full Match Replay
Live Video Streaming of Indian Premier League 2013: 53rd Match – Mumbai Indians vs Kolkata Knight Riders at Wankhede Stadium, Mumbai on May 7th, 2013. Watch more at www.boxtv.com
Indian Premier League
On 17 January 2008 it was announced that a consortium consisting of India’s Sony Entertainment Television (Set Max) network and Singapore-based World Sport Group secured the global broadcasting rights of the Indian Premier League. The record deal has a duration of ten years at a cost of US$1.026 billion. As part of the deal, the consortium will pay the BCCI US$918 million for the television broadcast rights and US$108 million for the promotion of the tournament. The initial plan was for 20% of these proceeds would go to IPL, 8% as prize money and 72% would be distributed to the franchisees from 2008 until 2012, after which the IPL would go public and list its shares. However, in March 2010, IPL decided not to go public and list its shares. Sony-WSG then re-sold parts of the broadcasting rights geographically to other companies. Sony Pictures Networks India (SPN) has raked in Rs 1,200 crore as advertising revenue from the ninth edition of the tournament, a growth of twenty percent from last year. The broadcaster had mopped up Rs. 1,000 crore as advertising revenue in IPL 2015.