BCCI, Sun TV term Hyderabad deal a bargain
The Sun TV Network’s successful bid for the Hyderabad franchise of the IPL on Thursday has led to a quandary over an accurate answer to a simple question: has IPL has appreciated or depreciated in value?
Sun TV, a media and entertainment conglomerate which primarily caters to an audience in the four southern languages of India, paid Rs 425.25 crore (approx US$79.4 million) for the Hyderabad franchise for five years. The annual breakdown of Rs 85.05 crore for the successful bid amounts almost half of what the Sahara Group paid for the creation of Pune franchise in 2010. Yet, Sun TV’s bid is…
See original here: BCCI, Sun TV term Hyderabad deal a bargain
Recent Comments