Google search engine
HomeSportCricketExclusive: ICC issues 'clarifications' to broadcasters over media rights process but lack...

Exclusive: ICC issues ‘clarifications’ to broadcasters over media rights process but lack of transparency persists | Cricket News – Times of India


MUMBAI: The International Cricket Council (ICC), on Friday, despatched out a listing of clarifications that had been sought by broadcasters final month over the tender doc to promote tv and digital media rights for the subsequent cycle.
After the ICC got here out with the Invitation-To-Tender (ITT) instantly publish the e-public sale of Indian Premier League (IPL) media rights, broadcasters had raised a gamut of questions arising out of the issues they noticed within the process.
While the clarifications have are available – some are listed beneath – broadcasters stay unconvinced in regards to the method wherein the ICC has determined to go about with this complete process. The ICC maintains that ought to it stay unconvinced in regards to the bids acquired in Round One – the metrics of which stay unmentioned – the bidding will transfer to Round Two, a process to be accomplished by approach of an e-public sale with out explaining the metrics on which the choice can be based mostly.
The governing physique has in actual fact refused to change something within the process that might herald “more transparency”, a request that is been put in by the broadcasters in addition to some member boards.
Below are some of the clarifications that had been sought by the broadcasters, how the ICC has responded to the queries and ICC’s perspective to these frameworks.
Tender doc says: The ICC has invited closed bids regardless of a number of stakeholders within the business, in addition to the BCCI, suggesting that an e-public sale, like within the case of IPL, might be the best way ahead. What the ICC has recommended although is that whether it is “not satisfied” with the closed bids submitted by the broadcasters – but hasn’t clarified the criterion for ‘satisfaction’ – it is going to name for Round Two of the bidding process and that can be performed by approach of an e-public sale. The ICC hasn’t clarified both why it thought of a closed bid over an e-public sale in ‘Round One’.
Clarification acquired: While it was reported earlier that the ICC will take into account an e-public sale for Round Two, the governing physique has now formally introduced the identical within the responses submitted.
Tender doc says: The ICC had invited bids for 4 and eight years – broadcasters can submit both or each – with out explaining the metrics of how the successful bid can be recognized and what multiplications can be utilized to decide how a 4-yr bid will get most popular over an eight-yr bid, apropos of the worth submitted by broadcasters. The ICC hasn’t defined the explanations for these issues both.
Clarification acquired: The ICC has made no modifications to this, and the broadcasters say they’re at their “wits end” attempting to perceive the explanations behind this.
Tender doc says: The ICC had earlier proposed that after the bids are available, their very own govt group will open the bids privately – and never in entrance of the bidders – at a later stage and announce the successful bid after a month with out mentioning any particulars of the monetary bids. No broadcaster can be knowledgeable, at any level, in regards to the distinction between the successful bid and the remainder.
Clarification acquired: The solely change made on this regard is, as soon as the bids are submitted on August 26, the ICC will now open the bids inside a closed room in entrance of a person representing every broadcaster. The ICC, nevertheless, will nonetheless not point out any particulars of the monetary bid to these representatives and can ask them to go away the room after which analyze the bids privately to announce the winner.
Tender doc says: The ICC had proposed that the broadcaster could have to withhold all tax liabilities for any event hosted in India,
Clarification acquired: The ICC has now clarified that the broadcaster won’t be requested to withhold any tax liabilities for any event hosted in India and the governing physique will take the onus upon itself. However, within the case of Pakistan internet hosting the Champions Trophy in 2025, the ICC is but to make clear any tax-associated issues and has stated that it’ll talk with the federal government.
Tender doc says: The ICC stated that within the occasion of any event being shifted to India or any India-friendly time-zone, the broadcaster could have to pay 20% additional given the scale and quantity of the cricket-pleasant market.
Clarification acquired: The ICC has now added that if a broadcaster has to pay 20% additional within the occasion of a event being shifted to India or an India-friendly time-zone, they may even get to pay 20% much less within the occasion of a event being shifted out of India or any India-friendly time-zone.
Tender doc says: The ICC had earlier not shared any particulars of a possible Round Two of bidding that can be held by approach of an e-public sale, and never submitted any timelines for a similar.
Clarification acquired: The ICC has now stated that if they’re “not satisfied” with the bids submitted in Round One – with out mentioning the criterion of what qualifies as “satisfied” – Round Two of bidding, by approach of an e-public sale, can be referred to as for within the subsequent 48 hours. If not an e-public sale, the stakeholders had requested the ICC to at the least make the process extra clear by sharing monetary particulars with all individuals when bids are opened.
TOI went about in search of a perspective to these guidelines. While the broadcasters continued with their demand for larger transparency, the ICC, it’s discovered, is compelled to maintain the choice of an eight-yr cycle in place, alongside the choice of 4 years, due to the stress from member boards who depend upon the ICC massively for revenues.
That apart, ICC sources say “the current tender process is the best model” they may handle for value discovery. “They strongly believe a closed bid can drive up the stakes,” say these monitoring developments.





Source hyperlink

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -
Google search engine

Most Popular

Recent Comments

English हिन्दी
%d bloggers like this: