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Prasar Bharati –Stracon India heading for a truce

01-May-2001
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Prasar Bharati –Stracon India heading for a truce

The Prasar Bharati-Stracon India standoff on the $47-million overseas and multimedia sports marketing rights for all domestic cricket till 2004 is headed for a truce. Doordarshan has given in principle nod to compensate Stracon and has conceded violation of these rights.

Prasar Bharati had provided the domestic cricket feed to Nepal, Sri Lanka and Bangladesh despite the fact that Stracon had acquired the overseas marketing rights from Prasar Bharati in February 2000. These rights are valid till 2004.

Meanwhile, Stracon expects $1 million compensation from Prasar Bharati.

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