IPL 8: MSM rakes in Rs 1000+ crore in revenue

Thakur

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After defeating Chennai Super Kings by a huge margin in the final of the Pepsi Indian Premier League (IPL) 2015, Mumbai Indians emerged as the champion for the second time! However, it’s not only the Reliance owned Mumbai Indians that is celebrating. IPL 2015 was also a champagne opener for Multi Screen Media (MSM), as the official broadcaster is speculated to earn an unprecedented Rs 1200 crore from the tourney.
 
IPL 8 came in right after the ICC Cricket World Cup, which started with substantial performances from team India, which made brands go ballistic. Naysayers speculated that IPL might face the plight of brand’s fatigue. Also the Supreme Court intervention raised several questions over the integrity of the tournament.
 
The speculations and controversies were anything but a hurdle for the progressive league feels a senior media expert. “This is the best IPL Sony has ever had since inception. They had Rs 1000 crore before the first ball was bowled. More brands associated with them and hence the inventory was packed. Hence the argument of fatigue and integrity was null and void. In fact, in my opinion, they raised more than Rs 1200 crore so IPL is here to stay and will grow bigger and better,” he said.
 
However, a senior official from MSM says that the broadcaster fetched around Rs 1000 crore this IPL, which is on a ‘slightly’ conservative side from the speculated Rs 1200 crore figure!
 
Not only in terms of brand engagements, IPL 2015 was a pioneer for cricketainment too, GroupM ESP national director Vinit Karnik told Indiantelevision.com, “This year I think we had the most number of last over finishes. In fact, the number of last three balls finishes was relatively high, quality of cricket was great and naturally the positive aspects reflected in the ratings, which were also higher than before. Overall, IPL just exhibited another year of exquisiteness and left a subtle answer who doubted the longevity of the tournament.”
 
“IPL 2015 was an enlightening year, which sent a strong message about the coming generation of Indian cricket. Shreyas Iyer, Hardik Pandya, Pawan Negi showed their talent and that’s the beauty of IPL. This year, the experience was even better because five teams had opportunities till the last ball of the final league match was played and only two teams were declared eliminated before the last week of the tournament. So all this signifies that the tournament is becoming more unpredictable and competitive, which is exactly what cricket lovers want. This IPL is a step back for critics and forward for the tournament,” opined former first class cricketer and veteran cricket analyst Hemant Kenkre.

http://www.indiantelevision.com/television/tv-channels/sports/ipl-8-msm-rakes-in-rs-1000-crore-in-revenue-150526
 
The number is gross. So reduce 15% agency commission and then they get only Rs. 850 crore so. They have to pay Bcci close to Rs. 700 crores this year. So with distribution revenues of another Rs. 200 crores. They would make Rs. 350 crores profit approximately which will help them to sustain the channel as all other properties they have are only loss generating vis a vis the rights fees they have paid.
 
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