Potential bidders are understood to have written to BCCI citing their concern over broadcast and digital rights for next five years
"Both BCCI and ICC will closely work towards keeping the highest level of compliance for the Indian Premier League", stated the release. "Sony, on the other hand, will be more desperate for the India rights as Indian team's media rights are important for any broadcaster's survival". The decision, he said, was in line with the plan to help "Test specialists" gain enough practice in English conditions ahead of India's five-Test series there the following month. BCCI on 28 March 2018 banned Smith and Warner from this year's IPL. Content provider Yupp TV is also expected to be part of this arrangement. All three players have apologised and accepted responsibility in an emotional press conferences after being kicked off the tour and returning home last week. Having lost IPL rights, Sony are playing catch-up with Star. Conglomerates such as Star, Sony, and Jio along with digital majors Facebook and Google, will bid for media rights today in Mumbai. After this period, from 2019-2023, the base prices per match are Rs 33 crore, Rs 7 crore Rs 40 crore respectively.
The BCCI has set a base price, or per match value of ₹33 crore for "Global Television Rights" plus "Rest of the World Digital Rights Package"; ₹7 crore for the Indian Subcontinent Digital Rights Package, and ₹40 crore for the Global Consolidated Rights Package.
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Reliance Jio and Facebook will be serious players for the digital rights but with Star equally focused on Hotstar, it will be an engrossing bidding war.
The e-auction in the final round will determine the BCCI's broadcast rights ownership for the global and domestic games to be hosted by the BCCI over the next five years. At present, the BCCI was getting Rs 43 crore per match based on the previous TV rights. BCCI sells media rights through auctioned conventional envelope for the broadcast of all matches of the Indian cricket team, But this is the first time when BCCI is going to make such a big process online. For overseeing the functioning of the BCCI, the Committee of Administrators (COA) constituted by the Supreme Court decided to make the process of billions of rupees contract online for the first time so that corruption can be kept away with transparency in this process.
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