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Cricket Australia: New Media Rights Deal

Cricket Australia (CA) have signed a new broadcasting deal.  This post covers that deal and provides a follow up to my  post on media rights for the BCCI , ECB & C A The deal is for 7 years, starting in 2024 and is for Auz$1.5bn which is just north of $1.0bn US or £0.8bn.  This is Auz$216m a year compared to the Auz$197m a year under the current 6 year rights package an increase of almost 10%.  However, Australian inflation is currently running at 8% a year and the final payment under the new rights package will be made 13 years after the first payment of the existing deal.  In inflation adjusted terms the deal represents a cut in CA domestic broadcasting revenues, by perhaps as much as 20%. A couple of points that caught my eye.  Firstly the deal includes the Big Bash, but the number of Big Bash games has been reduced, from the current 61 matches to 43.  Clearly franchise cricket is popular and new franchise leagues are springing up around the wo...

BCCI Media Rights for IPL

The BCCI has announced the media rights deal for the  IPL . The deal is for rupees 16,347 crore, about $2.55b or £1.96b for 5 years. At £0.4b per year the deal is worth roughly double the amount the ECB will get for all its UK media  rights both international and domestic.  The deal also dwarfs the BCCI's deal for international matches of just £0.45b for 6 years although that is up for renewal in  2018 . It will be interesting to see if the media rights deal for Indian international matches gets anywhere near the IPL figures.  The ICC's total revenue for an eight year cycle are quoted  as £1.9b. Clearly the IPL is the biggest beast in the cricketing jungle and there must be doubts over the continued relevance of international cricket in general and test cricket in particular.  This is worrying for cricketing supporters who (like me) see test cricket as a better game, both as a spectacle and morally, than the shorter forms. But the...