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New BCCI President Anurag Thakur Says TV Deals Should Not Include ROFR Clause

Big money "battles over broadcasting rights" of the Indian Premier League "are set to get fiercer in the near future," according to Sharma & Tiwari of the ECONOMIC TIMES. New Board of Control for Cricket in India President Anurag Thakur said that future IPL TV rights contracts "should not have the right of first refusal (RoFR) clause." Thakur: "(In) future contracts, we will make sure that no such thing is there ... and in the last 15 months also, we have not given anyone this kind of incentive or opportunity. We will make sure that in future agreements also, such a clause will not be there." He also said that the BCCI expects a "handsome" and "manifold jump" in revenues from the new round of negotiations on broadcasting rights, which starts on May 29. Sony Pictures Networks India "is the current holder" of the '08-17 period IPL TV rights. Removal of the RoFR clause from a TV rights contract "means the incumbent broadcaster" does not "get the first stab at negotiating a fresh contract." The process starts with open bidding "and can likely price the rights higher than what a RoFR process would have thrown up." Broadcast industry execs familiar with IPL rights contracts said that Sony has RoFR for the round of negotiations that will start soon. But given Thakur's views, "there may not be an RoFR clause in the new contract." Also, "there will be tougher negotiations for the coming round, with BCCI expected to set higher floor prices" (ECONOMIC TIMES, 5/26). The INT'L BUSINESS TIMES' Rajarshi Majumdar reported Thakur said on Wednesday that taking away advertisement from in between the overs during a cricket match "will have an impact on Indian cricket." He said, "If the advertisement is taken away during the matches, the revenue will come down which will impact all the state cricket association which have to create infrastructure for domestic matches. And, payments to the players -- national as well as international -- will also come down. It will adversely impact the Indian cricket and benefit other (cricket) boards. So, Lodha [panel] recommendations are not practical in nature (on advertising issue)" (IB TIMES, 5/26).

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