Sony Pictures Networks India
Two more India tours have not prevented a fall in the value of England and Wales Cricket Board (ECB) media rights in the Indian subcontinent.
Switching from Star to Sony last month helped Formula E increase its media-rights value in the Indian subcontinent.
Cricket Australia’s media rights in the Indian subcontinent have significantly dropped in value in a new long-term deal with Sony Pictures Networks India.
Sony Pictures Networks India last month picked up rights to the Bangladesh Premier League Twenty20 tournament after pay-television broadcaster Neo Sports refused an option to extend its deal.
Sony Pictures Networks India’s acquisition of the Ten Sports channels is likely to restrict the Indian media-rights market and make life difficult for rights-holders below the top tier.
An absence of competition in Spain and the Indian subcontinent has seen the value of International Champions Cup rights stall in both markets.
The ATP World Tour earned a strong increase in the value of its rights in Latin America last month after renewing its deal with ESPN.
ESPN’s partnership with Chinese internet company Tencent last month is the latest stage in the broadcaster’s evolution into a global digital player
Rupert Murdoch-owned Star India has renewed its English Premier League rights in India at a significant discount.