Waiting game for sports broadcasters.
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Nimbus could invoke arbitration process over termination of BCCI contract
Indiantelevision.com Team
(13 December 2011 8:28 pm)
MUMBAI: Nimbus, whose broadcast rights contract with the BCCI was terminated on Monday, has said that it reserves all its rights and options and could invoke the arbitration process if need be.
Nimbus has said that it is working towards the full resolution of differences that may have arisen between the parties and is hopeful of a reasoned conclusion in the coming weeks.
Nimbus maintains that it acted in compliance with the contractual obligations and variations that it agreed to with the BCCI from time to time.
Nimbus adds that it will not comment further on the issue till it concludes discussions with the BCCI in the coming weeks.
Indiantelevision.com Team
(13 December 2011 8:28 pm)
MUMBAI: Nimbus, whose broadcast rights contract with the BCCI was terminated on Monday, has said that it reserves all its rights and options and could invoke the arbitration process if need be.
Nimbus has said that it is working towards the full resolution of differences that may have arisen between the parties and is hopeful of a reasoned conclusion in the coming weeks.
Nimbus maintains that it acted in compliance with the contractual obligations and variations that it agreed to with the BCCI from time to time.
Nimbus adds that it will not comment further on the issue till it concludes discussions with the BCCI in the coming weeks.
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