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Star India bags IPL media rights for Rs 3.02 billion

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Mumbai: Novi Digital Entertainment, a wholly-owned subsidiary of Star India, has bagged the IPL media rights for Rs 302.2 crore (Rs 3.02 billion) from 2015-2017.

The reserve price for the three-year rights was set at Rs 120 crore (Rs 1.2 billion).

The BCCI had received bids from Times Internet, Multi Screen Media (MSM) and Novi Digital Entertainment.

 Star India bags IPL media rights for Rs 3.02 billion

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