ESPN not keen on revenue sharing

ESPN-Star Sports on Monday said it was not agreeable to revenue sharing ratio of 80:20 with DD for telecasting the three ODI matches.

Private sports channel ESPN-Star Sports on Monday submitted that it was not agreeable to sharing its revenue in the ratio of 80:20 with Doordarshan as suggested by the latter for telecasting the three one-day matches between India and Bangladesh, beginning on December 23 in Chittagong.

HT Image

"We are not acceptable to revenue sharing as suggested by Doordarshan," senior Advocate of Supreme Court Rakesh Munchal, who is representing ESPN, stated before the Kerala High Court.

ESPN, which holds exclusive rights for telecast of cricket matches in Bangladesh, would suffer "a huge financial loss" if the petitioner's plea was granted, it was stated in the argument notes submitted on behalf of ESPN in the court.