Top Story

e4m_logo.png

Home >> Marketing >> Article

World Sport Nimbus denies news on distribution of ICC matches TV, marketing rights

15-June-2002
Font Size   16
Share
World Sport Nimbus denies news on distribution of ICC matches TV, marketing rights

World Sport Nimbus (WSN) has denied the news about News Corporation set to take over the sole distribution of the television and marketing rights of the International Cricket Council’s tournaments until 2007, including the 2003 and 2007 cricket World Cups.

According to the company press release, “World Sport Nimbus (WSN) continues to and will continue till 2007 to fulfil the responsibilities and functions by virtue of its agreement with GCC in relation to ICC cricket, which include exclusive management of sponsorship sales worldwide, event management, television licensing in specified territories, radio licensing in specified territories, television and production of specified events.

The company sources said that the World Sport Group plc and World Nimbus Ltd will not comment on any speculation regarding business restructuring except that neither of these two companies have been or are proposed to be acquired by GCC or Newscorp.

WSN has already achieved its target with the regard to all broadcast licenses for television and radio in all its specified territories, and remains on course for its sponsorship targets.

Putting rest to speculative report, which said that four sponsors have been firmed up for the World Cup, WSN confirmed that eight sponsors have firmed up for the World Cup and with eight months to go for the World Cup, negotiations are on to sign four more.

According to WSN, the eight sponsors are Pepsi, LG, Standard Bank, South African Breweries, MTN, Hero Honda, South African Airways and Toyota(SA)".

Tags

The production house has already established itself as the leader in the non-scripted genres. However, Rege now wants Endemol to achieve the same in the original scripted zone and film production

Naidu also talks about the ushering in of a new era of digital payments and says this is just the beginning and there’s lots of space for newer players to step in and evolve

Markus Noder, Managing Partner, Serviceplan International, shared innovative tools, ideas and methodologies to generate tangible business values

The primary reason that led to growth of OTT is the constant improvement of internet speed and service across the country: Sandeep Gupta, ACT Fibernet

India has become the diabetes capital of the world, with prevalence of the disease estimated to rise from 69.2 million to 123.5 million by 2040

Laban Stretchy Man, the new human shaped, stretchy, fruit flavoured chews from Orkla- Norway’s number one confectionery brand, has been launched and localized by MTR Foods in India