Its now the waiting game for Sony Pictures Networks, who recently made an offer to the BCCI over the broadcast rights for the Indian Premier League (IPL).
The broadcaster currently holds the rights to the successful franchise, has the first right of refusal in the clause deal. Mumbai Mirror reports that the negotiations were a part of the agreements between the two parties after the recent end of the ninth series of IPL. As a part of the terms, Sony Pictures Networks has made an offer to retain the rights, which BCCI will respond to in the coming days.
NP Singh, CEO, Sony Pictures Networks said, “The negotiations period has expired and now we are waiting for them (the BCCI) to make us a concrete offer. We have honoured our commitment. I would say we have fulfilled all our obligations.”
Singh refused to comment on the excact offer that was made. He added, “It’s difficult for me to comment. We have been reading media reports. We had a period of 60 days in which we had to negotiate. Some negotiations did take place. And we are waiting for them to make us an offer,” Singh said.
The new broadcast rights period will start in summer 2018.