YouTube-GCV IPL deal under BCCI scanner

15
Vote


The Board of Control for Cricket in India (BCCI) will examine the terms under which a contract was signed with YouTube for live streaming of Indian Premier League (IPL) matches as part of its ongoing investigations into the decisions taken when Lalit Modi was the IPL commissioner.

“Since the disciplinary committee will look into the internet rights deal with the Global Cricket Ventures (GCV), it’s obvious that all deals that GCV has done for the league will also be investigated,” people close to the development at BCCI told ET.

GCV, the owner of IPL’s internet rights, had signed the deal with the Google-owned YouTube early this year. Mr Modi’s step son-in-law Gaurav Burman is the managing partner of the UK-listed Elephant Capital, which owns 50% in GCV.

The Google-IPL deal was the first of its kind in the sporting arena worldwide. The YouTube IPL channel, which streamed the Twenty-20 matches live, had over 54 million channel views and over 90,000 channel subscribers, making it the most-subscribed and most-viewed sports channel globally. The channel’s viewership spanned nearly 200 countries with the maximum numbers coming from India, followed by the US, the Google data shows.

“We have not been contacted by BCCI with regards to our deal with GCV for the live streaming of IPL on YouTube. We continue to monitor the proceedings of the investigations and will not like to comment on speculation,” a Google India spokesperson said.

The spokesperson said that Google had signed a two-year deal with GCV and that they did not deal directly with the IPL governing council. BCCI officials added that GCV had agreed to pay IPL `25 crore per year for the Google deal.

In April 2008, the BCCI, represented by Lalit Modi, signed an MoU with Live Current Media of Canada (LCM) to build, operate and promote the official website of BCCI and IPL. However, LCM wanted to bring a third partner, GCV, into the picture and a second agreement, called a novation agreement, was signed between all the three — BCCI, LCM and GCV, Singapore — in March 2009.

The rights to operate the IPL website was assigned to GCV on the condition that it pay BCCI $750,000 by July 2009 due under the first MoU between the BCCI and LCM. In July 2009, GCV informed BCCI the rights have been assigned to GCV, Mauritius, where Elephant Capital owns 50%. BCCI, in its notice to Lalit Modi, has sought an explanation on why the board was not informed about Gaurav Burman’s direct interest in the Mauritius company.

[Story Source]

This post was submitted by komal.

Related Posts
 James Cameron: 3D conversion best for classic films

James Cameron: 3D conversion best for classic films

ames Cameron has taken a swipe at studios who add 3D to films in post-production, saying that 3D retro-fitting should only be used for classic movies like Jaws or ET.The Avatar director said it had be...

Leave a Reply

 
We will keep You Updated...
Get Free Email Newsletter from VoteUpIndia Sign up for our free email newsletter. (Help?)
Read latest headlines in your favorite news reader
Follow VoteUpIndia  on Twitter Become a VoteUpIndia Fan on Facebook Subscribe to VoteUpIndia in Google Reader Add VoteUpIndia  to My Yahoo Add VoteUpIndia  to Netvibes Subscribe to Free Techie Buzz RSS Feed
Sponsored Links
Advertisements
Featured Video
Amazon
Best Storytellers
Powered by Authors Widget
Recent Posts

McDonald's Suspends Employee, Probes Child's Eviction From Pune Outlet

PUNE: After reports emerged that an eight-year-old destitute child was thrown out of an outlet of...

Why Arjun Made a Humble Request to Cast Sonakshi in Tevar

It's all about wearing your Tevar, this new year. Arjun Kapoor looked dapper at the initial promotions...

5 things Modi needs to do ASAP, after Bihar loss

It's not correct to transpose the outcome from a state election as a referendum on the central government,...

Sehwag's half century in All Star tournament.

The first match has been really special. We thoroughly enjoyed being here. New York, you were brilliant....

Bihar Defeat May Lead to Silent Rebellion in BJP Against PM, Amit Shah: Arun Shourie to NDTV

NEW DELHI: In the aftermath of the BJP's debacle in Bihar, Arun Shourie, one time admirer of Narendra...

Court Refuses to Stop Gillette Razor Ad Starring Deepika Padukone

New Delhi: The Delhi High Court has refused to stop a Gillette razor advertisement starring Deepika...

Bigg Boss 9: Roopal Tyagi voted out of the house

TV actor Roopal Tyagi was evicted from reality show Bigg Boss on Sunday’s episode. Roopal is the...
Recent Comments
How i can submit my story...? and where i can see the staus of votes for this?
IFFI lose its art value,so it became lose it commercial value
Dear sir I am sending an article which is based on true story and needs your help to lime light such incidents which never come in
Thanks for the interesting article. Great Post. Keep it up
It is indeed heartening to learn that LSE, the world leader in higher education, will join hands with the most admired Reliance Foun
Tag Cloud