Do You Know How Much Star Sports Charges For 10 Second Advertising Cost in IPL Series?
Star Sports has set an advertising cost of Rs 14 lakh for airing an advertisement for 10 seconds in the IPL Series. As a result, Star Sports is projected to earn between Rs 3,600 crore and Rs 3,800 crore from advertisements aired throughout the IPL. In 2018, Star Sports signed a Rs 16,347.5 crore deal with the Cricket Board of India for the rights to telecast IPL matches for 5 years.
The number of fans watching IPL is increasing every year. Similarly, the Board of Control for Cricket in India (BCCI) is one of the richest cricket boards in the world as the money available to the Board of Control for Cricket in India (BCCI) from the IPL continues to rise significantly every year.
The Board of Control for Cricket in India is the highest earning board in international cricket. Introduced the IPL T20 League in 2008. It is a series of 8 teams bidding for millions of players. The series was hugely popular with fans worldwide. Millions of dollars are earned through advertising.
The IPL is the world’s highest-earning T20 league. Sony initially owned the rights to broadcast the IPL series. But during the 2017 auction, Star Sports acquired the rights to broadcast the IPL 2021 Live Streaming.
The channel collects money from advertisers for advertisements that are aired between IPL matches every year. This value continues to increase each year. Similarly, this year too, Star Sports, which broadcasts the IPL, has increased the amount of advertising that can be aired between matches.