BCCI announces the successful bidder for acquiring the Media Rights for Women’s Indian Premier League 2023-2027
- 14 Jan 2024 , 5:15 PM
- Delhi
- 338
The BCCI had issued an Invitation to Tender (“ITT”) for Media Rights to the Women’s Indian Premier League Seasons 2023 – 2027. The bid process for determining the successful bidder(s) for the Media Rights was conducted on January 16, 2023.
Pursuant to the bidding process, the BCCI is pleased to announce that Viacom18 Media Private Limited is the successful bidder for the consolidated Bid for the Media Rights (i.e., Global Televisions Rights and Global Digital Rights).
Viacom18 Media Private Limited will acquire the Media Rights from WIPL Season 2023 to WIPL Season 2027 for a cumulative figure of INR 951 crores (i.e., INR 7.09 crores per match).
This is subject to the execution of definitive documentation and completion of formalities as required by BCCI, and other obligations specified in the ITT being completed.
— Jay Shah (@JayShah) January 16, 2023Congratulations @viacom18 for winning the Women’s @IPL media rights. Thank you for your faith in @BCCI and @BCCIWomen. Viacom has committed INR 951 crores which means per match value of INR 7.09 crores for next 5 years (2023-27). This is massive for Women’s Cricket ????????????
Argus Partners was the legal advisor to BCCI for the bid process.
BCCI President, Mr Roger Binny said: “I would like to congratulate Viacom18 for bagging the media rights for Women’s IPL for the period of 5 years. Women’s cricket has been on the up since a few years and the recently concluded bilateral series against Australia is a great testament to how popular women’s cricket has become in India. It was only apt to get our own women’s T20 league and give the fans more of women’s cricket. I would also like to congratulate the BCCI leadership and its workforce for a successful media rights process and wish them the very best for the first edition of the Women’s IPL.”