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BCCI Cancels Nimbus Contract: Reports; Nimbus Issues Statement

The Board of Control for Cricket in India (BCCI) has terminated its contract with Nimbus, the broadcast rights holder which had signed a four-year deal with the board in 2009 for Rs 2,000 crore, reports IBNLive. The report cites sources to confirm that the BCCI will encash the bank guarantee of the same amount. If the reports turn out to be true, telecast of domestic cricket - Ranji Trophy would suffer, since Nimbus holds rights for all domestic broadcasts. However, since there are no International matches scheduled to take place on Indian grounds till the next 10 months, there will be no impact. Also, the BCCI will have 10 months to find a new broadcaster. - Nimbus was a regular defaulter: Another report from PTI (via NDTV) informs that the decision to scrap the contract was taken unanimously by all BCCI members at a meeting of its working committee, quoting a member on condition of anonymity, who said that Nimbus had been a regular defaulter in terms of payments and hence could not be continued with. He also added that with the  ODI series against West Indies coming to an end, India's International commitments at home have also concluded. A DNA report quotes IPL Chairman Rajiv Shukla who said that Nimbus had defaulted, and had not made the 50% advance payment for both the England and the West Indies series, which has lead to the cancellation of its contract. - Conflict of interest with WSH: The PTI report also suggests that the…

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