The ICC’s TV and digital rights bundle for the Indian sub-continent can be up on the market with sealed tenders being submitted on August 22.
If there’s a tie between the bidders, then an e-auction can be held to determine the winner.
Among the potential bidders embody Star, Viacom18, Sony and Amazon.
Amazon, owned by Jeff Bezos, had pulled out of the IPL media rights public sale with Star and Viacom profitable the TV and digital rights, respectively, for report quantities.
Nooyi, a former CEO cum chairperson of world cola big PepsiCo, is the ICC’s first unbiased director, and he or she has determined to abstain herself from the method with a view to keep away from allegations of a possible battle of curiosity.
“Indra Nooyi’s appointment to the Amazon board was declared to the ICC when she took up the role,” an ICC spokesperson instructed PTI when requested about Nooyi’s standing in the entire course of.
“As a result, she has recused herself from any ICC Board discussion on the ITT (Invitation To Tender) process since then. She has not been involved in any capacity and will not be part of the final ICC Board decision on the ITT,” the spokesperson added.
Nooyi, other than being within the Board of Administrators, can also be part of the ICC’s highly effective monetary and business affairs (F&CA) committee.
In accordance with sources, Nooyi by no means violated the ICC’s structure and laws on ‘Battle of Curiosity’ difficulty.
The clause 2.2.4.1 of ICC structure states that “When a Director, committee member or staff member has or may have an actual, apparent or potential Conflict of Interest in respect of his duties to the ICC, he must disclose the Conflict to the Ethics Officer without delay (and where possible make disclosure prior to his election or appointment as Director, staff member or committee member), or if such Conflict arises during meeting, he must disclose the Conflict to relevant chair of meeting.”
