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02/21/17
IPL Signs Up Nine Sponsors

Sony Pictures Networks India has "locked in" nine sponsors for the 10th season of Indian Premier League set to launch on April 5, according to Gaurav Laghate of the ECONOMIC TIMES. The broadcaster with rights to air the 20-over cricket league is "targeting" Rs 1,300 crore ($195.4M) from the upcoming ...

Tags: Marketing and Sponsorship, India

02/17/17
BCCI Poised For $80M Windfall

The Board of Control for Cricket In India "is poised for a bumper windfall" of at least $80.3M as the "coveted" national team sponsorship rights are up for sale, according to ASIA SPONSORSHIP NEWS. The five-year deal is expected to involve 259 matches, including 238 bilateral matches and 21 across I ...

Tags: Marketing and Sponsorship, Asia

02/17/17
China Slowing Foreign Acquisitions

Foreign property investment by Chinese companies "plunged" by 84% last month, as Beijing’s capital controls "choked off the flow of foreign acquisitions," according to Gabriel Wildau of the FINANCIAL TIMES. In an "effort to curb capital outflows and ease downward pressure" on the yuan, Ch ...

Tags: Finance, China

02/16/17
Nazara To Invest $20M In Esports

Mumbai-based mobile gaming company Nazara Games announced that it will set up a professional esports league in India, according to Anuj Bhatia of the INDIAN EXPRESS. The esports arm will be a 100% subsidiary and Nazara Games will invest Rs 136 crore ($20.4M) to develop the Indian esports "ecosystem" ...

Tags: Finance, India

02/14/17
BCCI Opens Tender For IPL Rights

The Board of Control for Cricket in India "opened the tender process" for the TV and digital rights to the Indian Premier League, according to the FINANCIAL EXPRESS. The previous 10-year deal with Sony Pictures Network India (SPN) is set to expire at the end of the '17 season and the new deal w ...

Tags: Media, India

02/08/17
F1 Set To Stay In China Beyond '17

The Shanghai government "has dropped a firm hint that this year's Chinese Grand Prix will not be the last one," according to Frankie Mao of MOTORSPORT. The '17 race, which is scheduled to take place on April 9, "is the final event under the terms of China's current contract." Although race organizer ...

Tags: Events and Attractions, China

02/08/17
Tokyo Golf Venue Undecided On Ban

The Kasumigaseki Country Club, which is set to host golf for the Tokyo 2020 Olympics, "failed to reach a decision about ending a ban on women as full members on Tuesday," with the head of its board of directors calling the situation "a nuisance," according to Elaine Lies of REUTERS. The board meetin ...

Tags: Olympics, Japan

02/07/17
NHL Targets China As Next Market

Although the NHL has not said "whether its players will travel to South Korea for the 2018 Olympics, the league and its teams are all looking toward Asia" -- to China -- for their next big business opportunity, according to Ian Thomas of SPORTSBUSINESS JOURNAL. China’s potential as a hockey ma ...

Tags: Leagues and Governing Bodies, China, North America

02/07/17
NOCs Impressed By Tokyo 2020 Prep

National Olympic committees have been "impressed by their first organized visit to Tokyo," saying on Monday that the city "is on course to stage a successful Olympic Games in 2020," according to KYODO. Thirteen NOCs -- including Australia, Brazil, Canada and the Netherlands -- "are in town for a thr ...

Tags: Olympics, Japan

02/07/17
New BCCI Administrators Cut Execs

If sacking Anurag Thakur as Board of Control for Cricket in India president "was the first shot" by the Indian Supreme Court at the cricket body, then its Committee of Administrators has "now decided to remove the staff" appointed by the ex-president and ex-secretary Ajay Shirke in their offices, ac ...

Tags: Leagues and Governing Bodies, India

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