Skip to content
Search

Latest Stories

Submit Guest Post

JioStar ends IPL broadcast deal in Bangladesh over payment default

The company cited its partner’s "continued failure and default in adhering to the payment timelines stipulated under the agreement".

ipl

IPL, valued at $18.5 billion, has a large following in Bangladesh. The latest season started on March 28.

Getty Images

INDIA’s JioStar has terminated its broadcast deals in Bangladesh for the Indian Premier League (IPL), saying its local partner failed to meet payment terms, according to a document seen by Reuters.

In a letter dated February 17 to Bangladesh broadcaster TSports, JioStar said, "The agreement stands terminated with immediate effect." TSports had sublicensed the rights from JioStar for IPL seasons from 2023 to 2027.


The company cited its partner’s "continued failure and default in adhering to the payment timelines stipulated under the agreement".

Bangladesh had banned IPL broadcasts in January after Kolkata Knight Riders dropped Bangladesh pacer Mustafizur Rahman on the instruction of India’s cricket board, at a time when tensions between the two countries had risen following the killing of a Hindu man in Bangladesh.

The country is reviewing the ban. It said on Saturday that any further steps will depend on the opinion of its sports ministry. However, the termination by JioStar means there will be no local broadcaster for the IPL season even if the stance changes.

IPL, valued at $18.5 billion, has a large following in Bangladesh. The latest season started on March 28.

Relations between India and Bangladesh have been strained since a political transition in Dhaka in August 2024 disrupted ties under former prime minister Sheikh Hasina, who fled to New Delhi after a mass uprising.

There are signs of a change after Tarique Rahman, the newly formed government’s prime minister, said in February that Bangladesh would engage with neighbours on the basis of mutual respect and shared interests.

A separate JioStar letter dated February 17 showed the company also terminated its broadcast deals in Bangladesh for the Women’s Premier League over similar defaults.

(With inputs from Reuters)

Add EasternEye As Your Trusted Source
preferred source on google news

More For You

A Harvey Nichols store in London, England.

Harvey Nichols has been bought by Frasers Group after running out of room to fund the business

Tim P. Whitby/Getty Images for H

The man who built a retail empire on sportswear is now betting on Harvey Nichols’ luxury shoppers

  • Frasers Group has bought Harvey Nichols out of administration for an undisclosed sum.
  • Four UK stores could be rebranded as House of Fraser or Flannels.
  • The Knightsbridge and Edinburgh stores are expected to remain under the Harvey Nichols name.

Harvey Nichols has been rescued from administration by Mike Ashley's Frasers Group, but the deal could mark the beginning of a very different future for one of Britain's best-known luxury department stores.

Frasers bought the chain on August 13, the same day Harvey Nichols entered administration, after its accounts warned that the business could run out of money within a year without new funding. The purchase covers its UK stores in London, Edinburgh, Birmingham, Leeds, Manchester and Bristol, while discussions over the Dublin operation remain ongoing.

Keep ReadingShow less