Sports

IPL 2020: Hotstar withdraws as associate sponsor

Hotstar has withdrawn as an associate sponsor of the Indian Premier League (IPL), choosing to exercise an exit clause in the deal as on-grounds sponsors of the league, according to a report.

IPL associate sponsorships are reported to be in the range of INR 40-80 crore and the Hotstar deal with IPL was around INR 42 crore per year.

“There was an exit clause in the deal and Hotstar chose to exercise it,” a BCCI source told in a report.

Star India holds the Indian Premier League media rights, having made the winning bid of INR16,347.5 crore for both television and digital platforms in 2017. This move will, however, have no bearing on Hotstar’s digital streaming rights, the report said.

Hotstar had claimed to have crossed 300 million viewers and to have registered a 74 percent increase in watch-time compared with last year’s IPL, which was won by Mumbai Indians in a nail-biting final against Chennai Super Kings.

The 13th season of IPL will start somewhere in March-April, the exact date for which has not been finalized yet.

In another significant development regarding IPL 2020, former New Zealand captain Brendon McCullum has been named as the head coach of two-time champions Kolkata Knight Riders. McCullum was named the replacement of former South African all-rounder Jacques Kallis, who decided to step down a month ago.

Click to comment

Leave a Reply

Your email address will not be published.

twenty − one =

News is information about current events. News is provided through many different media: word of mouth, printing, postal systems, broadcasting, electronic communication, and also on the testimony of observers and witnesses to events. It is also used as a platform to manufacture opinion for the population.

Contact Info

Address:
D 601  Riddhi Sidhi CHSL
Unnant Nagar Road 2
Kamaraj Nagar, Goreagaon West
Mumbai 400062 .

Email Id: info@indsamachar.com

Middle East

IND SAMACHAR
Digital Media W.L.L
Flat: 11, 1st floor, Bldg: A – 0782
Road: 0123, Block: 701, Tubli
Kingdom of Bahrain

 

Download Our Mobile App

IndSamachar Android App IndSamachar IOS App
To Top
WhatsApp WhatsApp us