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How did IPL's GENIUS Business Model make it a MONEY MACHINE FOR India? : IPL Business case study

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VIDEO INTRODUCTION:
The Indian Premier League is by far one of the most remarkable achievements in the Indian sports industry!! But while most of us only know it as the iconic summer time sports sensation very few of us know about the business intricacies of IPL that makes it a capitalistic miracle for the economy of India!!
and the most astonishing thing about IPL is that even during the pandemic, while companies were struggling and incurring losses, in the 2020 season, inspite of Ticket sales hitting rock bottom due to covid, inspite of VIVO retracting from its title sponsorship, BCCI’s revenue from IPL shot up by almost 100% from 2200cr 2019 to 4000cr in the 2020 season. and Today the brand value of IPL stands at an insane mark of 4.7 Billion dollars which is almost 35,900 Crores!! and If you compare the broadcasting rights of IPL at the world level, as of 2020 while NBA stood at 2.1 Millon dollars, Bundesliga stood at 3.9 Million dollars where as the Indian Premier league stood at way aheaddd 8.5 million dollars!!
References
Disclaimer: All the information has been sourced from relevant sources and some contracts might be executed differently in private based on Mutual contracts. For example : Stadium might take more commissions or some sponsors might just sponsor the stadium for banner slots.
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#IPL #IPLeconomics #thinkschool #rcb #lsk #iplcasestudy #ipl2022 #iplauction #csk Credits: CNN-News 18, WION, NBC News, Money control pro, Business standard, TV18,Business Today, ABC news, CNBC, ET now ,Bloomberg originals, Financial Times, DW documentary, AL Jazeera English, BBC news, Firstpost. Fair use - This video is for educational purposes only. All materials used in this video, including images, audio, and video clips, are the property of their respective owners and are used here under the doctrine of fair use. This video is intended to provide commentary, criticism, research, and education on the subject matter. We believe this constitutes a fair use of any such copyrighted material as provided for in Section 107 of the US Copyright Law.
Coupon code - THINK50
VIDEO INTRODUCTION:
The Indian Premier League is by far one of the most remarkable achievements in the Indian sports industry!! But while most of us only know it as the iconic summer time sports sensation very few of us know about the business intricacies of IPL that makes it a capitalistic miracle for the economy of India!!
and the most astonishing thing about IPL is that even during the pandemic, while companies were struggling and incurring losses, in the 2020 season, inspite of Ticket sales hitting rock bottom due to covid, inspite of VIVO retracting from its title sponsorship, BCCI’s revenue from IPL shot up by almost 100% from 2200cr 2019 to 4000cr in the 2020 season. and Today the brand value of IPL stands at an insane mark of 4.7 Billion dollars which is almost 35,900 Crores!! and If you compare the broadcasting rights of IPL at the world level, as of 2020 while NBA stood at 2.1 Millon dollars, Bundesliga stood at 3.9 Million dollars where as the Indian Premier league stood at way aheaddd 8.5 million dollars!!
References
Disclaimer: All the information has been sourced from relevant sources and some contracts might be executed differently in private based on Mutual contracts. For example : Stadium might take more commissions or some sponsors might just sponsor the stadium for banner slots.
Check out Think School's Online courses:
Want to buy the equipment we use?
#IPL #IPLeconomics #thinkschool #rcb #lsk #iplcasestudy #ipl2022 #iplauction #csk Credits: CNN-News 18, WION, NBC News, Money control pro, Business standard, TV18,Business Today, ABC news, CNBC, ET now ,Bloomberg originals, Financial Times, DW documentary, AL Jazeera English, BBC news, Firstpost. Fair use - This video is for educational purposes only. All materials used in this video, including images, audio, and video clips, are the property of their respective owners and are used here under the doctrine of fair use. This video is intended to provide commentary, criticism, research, and education on the subject matter. We believe this constitutes a fair use of any such copyrighted material as provided for in Section 107 of the US Copyright Law.
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