BCCI confirms Nimbus rights deal 18/01/2010
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The Board of Control for Cricket in India (BCCI) has renewed its media rights deal with Nimbus Communications.
The television marketing company had reached an agreement with the BCCI in October to show a minimum of 64 international matches and 312 days of domestic cricket until 2014.
But Cricinfo reports that the deal has only just been finalised after Nimbus furnished a bank guarantee for the agreement amount – $436m – to the BCCI.
BCCI president Shashank Manohar said: “The BCCI is pleased to extend its partnership with Nimbus by entering into this agreement till 2014. Nimbus has been the BCCI’s global media rights partner since 2006 and has, in this period, licensed our events for broadcast to hundreds of millions of cricket fans worldwide.”
Nimbus paid $612m – subsequently negotiated to $549m – for the last round of rights in February 2006.
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