New Delhi: Barely a year after signing a telecast deal with BCCI for $ 612 million, Nimbus, the rights holders for all first-class cricket played in India, have threatened to pull out of the deal.
Nimbus' decision to withdraw from the deal, which was to cover matches in India till 2010 March, followed the Government’s recent ordinance which makes it mandatory for private broadcasters to share with Prasar Bharti the live feed of sports events of national importance.
Accusing the BCCI of breach of contract, Nimbus said forcing it to share the feed with Prasar Bharti is a violation of their rights because the signal spills over into other countries and can be pirated.
The BCCI is holding an emergency meeting on the issue later on Tuesday.
(With Agency inputs)