Viacom18 Wins Women's IPL Media Rights For Rs 951 Crore
Viacom18 Wins Women's IPL Media Rights For Rs 951 Crore
BCCI secretary Jay Shah termed the news as a 'historic' moment in the development of women's cricket

Viacom18 has won the media rights for the upcoming Women’s IPL after committing a whopping Rs 951 crores for five seasons beginning 2023. The BCCI is expected to launch its ambitious franchise-based T20 league for the women cricketers on the lines of the Indian Premier League in March this year.

Pursuant to the bidding process, the BCCI is pleased to announce that Viacom18 Media Private Limited is the successful bidder for the consolidated Bid for the Media Rights (i.e., Global Televisions Rights and Global Digital Rights).

“Viacom18 Media Private Limited will acquire the Media Rights from WIPL Season 2023 to WIPL Season 2027 for a cumulative figure of INR 951 crores (i.e., INR 7.09 crores per match). This is subject to the execution of definitive documentation,” BCCI said in a statement on Monday.

BCCI president Roger Binny said that the growing popularity of women’s cricket made it inevitable for the launch of the women’s IPL as he congratulated the board leadership for the inaugural season.

“I would like to congratulate Viacom18 for bagging the media rights for Women’s IPL for the period of 5 years. Women’s cricket has been on the up since a few years and the recently concluded bilateral series against Australia is a great testament to how popular women’s cricket has become in India. It was only apt to get our own women’s T20 league and give the fans more of women’s cricket. I would also like to congratulate the BCCI leadership and its workforce for a successful media rights process and wish them the very best for the first edition of the Women’s IPL,” Binny said in a media statement.

BCCI Secretary Jay Shah congratulated Viacom18 for bagging the right, calling it a ‘historic mandate’ while adding the development is a massive moment in the further development of women’s cricket in India.

Also Read: Mithali Raj to Come Out of Retirement For Women’s IPL

“Congratulations @viacom18 for winning the Women’s @IPL media rights. Thank you for your faith in @BCCI and @BCCIWomen. Viacom has committed INR 951 crores which means per match value of INR 7.09 crores for next 5 years (2023-27). This is massive for Women’s Cricket,” Shah tweeted on Monday.

“After pay equity, today’s bidding for media rights for Women’s IPL marks another historic mandate. It’s a big and decisive step for empowerment of women’s cricket in India, which will ensure participation of women from all ages. A new dawn indeed!” he added.

Earlier this month, the BCCI announced release of Invitation to Tender for the right to own and operate a team in Women’s IPL.

“The detailed terms and conditions governing the tender process including eligibility requirements, process for submissions of bids, proposed team’s rights and obligations, etc. are contained in the ‘Invitation to Tender’ (“ITT”) which will be made available on receipt of payment of a non-refundable fee of INR 5,00,000 (Rupees Five Lakhs Only) plus any applicable Goods and Services Tax. The procedure to procure the ITT documents is enlisted in Annexure A to this document. The ITT will be available for purchase till January 21, 2023,” the board said in a statement.

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