Zee eyes Rs 900 cr net, govt Rs 350 cr
N VIDYASAGAR
TIMES NEWS NETWORK MONDAY, SEPTEMBER 06, 2004 04:50:46 AM ]
NEW DELHI: Subhash Chandra-promoted Zee Telefilms is set to rake in a Rs 900 crore profit over the next 4 years as a result of winning the TV rights from Board for Cricket Control in India, say media analysts. If this projection comes true, the government too will garner Rs 350 crore in taxes. …
The bidding is complete now, zee won the bidding, payin abt 306 million dollars, check out cricinfo for more info
It's important to carefully watch the production and presentation-quality of the telecast from Zee from the coming series of India against Aussies at home soil ...... The problem lies in that Zee itself is a newcomer t o inhouse sports-programe-production ...... What i mean is that the endresult (the live-telacast) could've the ridicules + pathetic quality which ARY offered during the recently concluded Asia Cup ..... Not to speak about commentators ..... since good comms have signed with ESPN-StarSports, TenSports etc. it'll be interessting to see what kind of comms-team they'll come up with
TV rights hearing set for September 9](http://uk.cricinfo.com/link_to_database/ARCHIVE/CRICKET_NEWS/2004/SEP/039585_IND_07SEP2004.html)
The Mumbai High Court will hear the case regarding ESPN-Star Sports and BCCI on Thursday, September 9. ESPN-Star Sports had earlier challenged the Indian board’s decision to award the four-year telecast rights, of matches to be played in India, to Zee Network. The matter was due to come up for hearing today, but was postponed, reportedly because the BCCI received the summons late. Also ESPN-Star Sports has sought more details and clarifications from the BCCI and Zee Networks.
ESPN-Star Sports asserted that it was the highest eligible bidder citing the qualifying cretia in the BCCI’s tender. On July 7 the BCCI invited bids for television rights to the next four years’ cricket played in India. That tender document stated: "The bidding will be restricted to broadcasters only.
“Only those entities that have existing in-house production, telecasting units and channel network and have successfully telecast live and delayed International Cricket events of International standard for a period of at least two years (not as a Licensee) will be entitled to the Invitation to Tender and right to submit offers. Bid documents will be given to such entities only.”
ESPN-Star Sports contends that Zee Network does not fulfill these criteria.