LAHORE: The Pakistan Cricket Board and the Pakistan Television Sports administration have resolved their dispute over broadcasting rights in Pakistan with PTV Sports having decided to withdraw its legal cases against the PCB and preferring an out-of-court settlement.

Sources told Dawn that a virtual meeting between the PCB chairman Ramiz Raja and the PTV administration was held on Tuesday where it was decided that PTV will have the rights to broadcast Pakistan’s international matches within the country till 2023.

However, the percentage from the revenue of PTV Sports through those matches has been changed in favour of the PCB. Now, the PCB will receive 72 percent of the revenue which PTV’s share is down to 28 percent from 42.5 percent previously. The out-of-country broadcasting rights of international matches are still with the PCB.

PCB and PTV Sports had signed a three-year satellite broadcast deal and a separate agreement to secure cable distribution with I-Media Communication Services in September last year with both parties — the PCB was under the chairman of Ehsan Mani at that time — signing the agreement at the Prime Minister House in the presence of Prime Minister Imran Khan.

It was forecast that PCB would earn in excess of US$200million during the three-year period through cable operators but the PCB was unable to earn a single penny from it during the last year as the cable operators’ association was not on board and was not ready to earn money for the PCB or PTV Sports.

With the PCB not getting any income through the deal with PTV Sports, the deal was suspended only for PTV Sports to file a petition against the PCB decision. Now, though, both parties have reached at a mutual understanding.

The new deal has no link with the matches of the HBL Pakistan Super League as it is not an international but a domestic event of the PCB.

Published in Dawn, December 8th, 2021

Opinion

Enter the deputy PM

Enter the deputy PM

Clearly, something has changed since for this step to have been taken and there are shifts in the balance of power within.

Editorial

All this talk
Updated 30 Apr, 2024

All this talk

The other parties are equally legitimate stakeholders in the country’s political future, and it must give them due consideration.
Monetary policy
30 Apr, 2024

Monetary policy

ALIGNING its decision with the trend in developed economies, the State Bank has acted wisely by holding its key...
Meaningless appointment
30 Apr, 2024

Meaningless appointment

THE PML-N’s policy of ‘family first’ has once again triggered criticism. The party’s latest move in this...
Weathering the storm
Updated 29 Apr, 2024

Weathering the storm

Let 2024 be the year when we all proactively ensure that our communities are safeguarded and that the future is secure against the inevitable next storm.
Afghan repatriation
29 Apr, 2024

Afghan repatriation

COMPARED to the roughshod manner in which the caretaker set-up dealt with the issue, the elected government seems a...
Trying harder
29 Apr, 2024

Trying harder

IT is a relief that Pakistan managed to salvage some pride. Pakistan had taken the lead, then fell behind before...