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How is PTV expected to pay for this deal? Are the funds going to be diverted directly from the treasury?
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How is PTV expected to pay for this deal? Are the funds going to be diverted directly from the treasury?
How is PTV expected to pay for this deal? Are the funds going to be diverted directly from the treasury?
Rs 100 TV licence
BCCI, ECB, CA have deals worth a $billion whereas the max the PCB is getting is $200 million. Very poor and depressing. The citizens of the country should donate out of patriotism
Last cycle was for 3 or 5 years?
PCB sold the rights for $150m in the last cycle (in reality they earned about $70m due to no series against India), so that's a decent return.
If PCB are managing the production then hopefully the quality of coverage will be much improved than PTV's usual standard.
Lol while the players were crying and pleading for departmental cricket to be restored, this deal was being finalized as well and given that the PCB is expected to get $200 million in 3 years from it, the PM was like wth do you need the departments for if you are now getting all this money and everyone went silent with no counter arguments
The deal that I understand is
-Public pirivate partnership, so there was no open bidding
-PTV aren't paying PCB anything, only investing in their own channel to upgrade to hd
-PCB and PTV will share revenues, the board taking a 57.5% share and the broadcaster 42.5%.i.e advertising revenue and distribution revenue from cable operators.
-PCB will produce the content
-PCB will have the right to sell global tv rights
All this $200 million is projected
The deal that I understand is
-Public pirivate partnership, so there was no open bidding
-PTV aren't paying PCB anything, only investing in their own channel to upgrade to hd
-PCB and PTV will share revenues, the board taking a 57.5% share and the broadcaster 42.5%.i.e advertising revenue and distribution revenue from cable operators.
-PCB will produce the content
-PCB will have the right to sell global tv rights
All this $200 million is projected
If this is the case, seems a bit suspicious. Could be Pak government cleaning up its funds through PTV or something dodgy. Makes no sense to suddenly rise to $200m from offers of $25m, that too without an India series.
Great money though, hopefully it’s spent well and wisely.
Groundbreaking deal. Conversion to HD and all matches being covered means there will now be immense amounts of high quality footage across everything from U-19 games to domestics. That means we can track players through pretty much every age group with hours and hours of footage!
Further, the in-house production means PSL-level quality (which this year I was quite impressed by!) and $200 million to boot which can now be invested in city cricket associations, high performance centers, stadiums, and provincial academies across the country which is listed in the article as Rs 15 billion ($90 million).
That leaves $110 million to spare for other in-house expenses, coaches and cricketers salaries, and more! Not to mention money earned as PSL begins to grow. Great news.
So PCB has became a state institution. This is essentially a merger of PCB and PTV.
The deal that I understand is
-Public pirivate partnership, so there was no open bidding
-PTV aren't paying PCB anything, only investing in their own channel to upgrade to hd
-PCB and PTV will share revenues, the board taking a 57.5% share and the broadcaster 42.5%.i.e advertising revenue and distribution revenue from cable operators.
-PCB will produce the content
-PCB will have the right to sell global tv rights
All this $200 million is projected
This is a misinterpretation of the deal, the $200 million is contingent on advertising revenue earned on the local broadcasts (a revenue sharing model successfully applied by Sethi for the PSL) and distribution revenue from cable operators i.e. potentially applied as a cut of subscription revenue earned by the operators.
The latter is an untested concept in Pakistan and I imagine there will be many hurdles to overcome in order to implement an efficient collection policy. They are utterly dependent on the Cable Association of Pakistan to force its members to pay up. One obvious second-order effect will be a rise in cable subscription fees around the country.
Also global tv rights
So the PCB's share is 57% of the $200 million? Which is around $115 million.
PCB gets 57.5% which is projected to be 200m. Total would be 348m.
Yes, but global tv rights will be packaged separately and not part of this structure. If precedent with the PSL is anything to go by, the value of those rights won't be that high.
Hmm but home series like England vs Pakistan, and Australia vs Pakistan can bring decent numbers. PSL is a Pakistani product but international teams have their own broadcasters in their country. Their matches bring more value than PSL for international broadcasters
BCCI, ECB, CA have deals worth a $billion whereas the max the PCB is getting is $200 million. Very poor and depressing. The citizens of the country should donate out of patriotism
At $66 million/year (potentially more) the PCB no longer has "lack of funds" excuse to improve cricket all over in Pakistan.
Last paragraph of the article:
The statement added that the cricket board plans to invest Rs15 billion over the next three years in domestic cricket, which includes upgrading stadiums, building provincial academies and centres of excellence and employing over 100 former cricketers as coaches and managers for city cricket associations.
Pakistan becoming a financial power in Cricket was always a matter of when rather than if.
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Wishing Pakistan the best, in managing their cricket. This is beginning of good things to come. Bringing Wasim Khan into the fold was a brave and master move and whoever made it happen deserves some credit
The way he's handling bilateral relationships and commercial aspect of the game in Pakistan is looking very promising.
West Indies, Bangladesh, Sri Lanka are usually cooperative boards. Next few year's domestic cricket schedule should be filled with these fixtures to gradually gain trust of Aus, Eng, RSA, NZ.
With Pakistan as PM of Pakistan, I'm sure behind the scenes he's having a keen eye on cricket. He might not show it as a top priority but there's no way a Cricket legend turned PM is going to forget his first love.
The deal that I understand is
-Public pirivate partnership, so there was no open bidding
-PTV aren't paying PCB anything, only investing in their own channel to upgrade to hd
-PCB and PTV will share revenues, the board taking a 57.5% share and the broadcaster 42.5%.i.e advertising revenue and distribution revenue from cable operators.
-PCB will produce the content
-PCB will have the right to sell global tv rights
All this $200 million is projected
CA is literally $450 million. There is even a thread about it. Don't know where you're getting billions from? BCCI might be the only one close to or at billion.
Also, why should the citizens donate their hard earned money to a for-profit institution? That idea is insane.
That's a massive deal.
Hmm but home series like England vs Pakistan, and Australia vs Pakistan can bring decent numbers. PSL is a Pakistani product but international teams have their own broadcasters in their country. Their matches bring more value than PSL for international broadcasters
I am just wondering how much this deal would have been worth if we hypothetically factor in Pakistan hosting India for 1-2 series? Another $100 million?
So no fixed pay out. Just revenue sharing.
Why is PTV getting 42.5 per cent when PCB will also produce the feed?
The quality of the product has to improve.
The picture quality, the commentary, the graphics, it's an awful mess.
Just watching the current coverage makes me cringe.
Maybe in the short run it would have added another $80 million or so to the package. However, it would have tied Pakistan Cricket’s value more closely to the Indian inclusion — it’s better for our industry to develop independently, so we are not reliant on the Indian government to feed our hand-to-mouth domestic cricketers.
For both PCB and PTV, this deal is the start of something new. Shout out to Dr. Nauman Niaz as well. He has been involved in the crucial PTV board meetings regarding this deal for over a week now. It seems everyone has gotten serious about the next steps forward.
The deal is good if revenue projections stick.
But PTV is still getting too much for doing too little.
Wait, so all domestic matches will be televised? Surely not?
Wasim khan was stating that in future he wants something like skysports were u press the red button and u can watch the fixture u want
Wasim khan was stating that in future he wants something like skysports were u press the red button and u can watch the fixture u want
IK could not have asked Pakistan public directly for the money. And yet cricket in Pakistan seriously needs money.
So PTV, essentially a government institution, will pay for it from public money.
Genius.
IK could not have asked Pakistan public directly for the money. And yet cricket in Pakistan seriously needs money.
So PTV, essentially a government institution, will pay for it from public money.
Genius.
For distribution. PCB doesn't have it's own network. Though under previous regime there were talks of WWE Networl style PCB network but senate didn't approve. 42.7% get all Pakistan home games, plus domestic and women cricket on tv. For PSL they have to buy airtime on tv channels, here it's revenue share. And PTV also have to undertake upgradation. So it's a win win I guess. The projected $148m for PTV will have a knock on effect as well. Maybe they'd have enough to invest in other sports as well as now they are broke.
This will be interesting- not convinced that the projected amount will materialise but lets hope it does and with WA and Mani, it wont be stolen or wasted. We also need to get the City competitions under way quickly to give the players a chance to earn a place in the QA trophy teams.
How come the same deal was that worth around $15mn a year is suddenly $67mn a year now?
Taking into account inflation, increase in demand and the fact that the advertising revenue would come straight into PCB's hands, it could have been 2 times the previous contract's value. It seems like one of the analysts in the deal was overoptimistic (or was told to be one of the higher ups)
If PCB gets 50 per cent i.e 100mn of the projected amount they will be happy. Because
Last deal gave them only 60 to 70mn so it will be a 50 to 60 percent hike.
Secondly they will have to pay for production costs. And PTV will take away 42.7 percent.
So after this a profit of 100mn will be a good scenario
Will be amazing if true. If people are watching, there's an even lesser chance for any TTF to stay in the domestic system. Will attract many more sponsors as well.
Too high, more likely to be around 60% of that.