Barely a year after signing a telecast deal with the Cricket Board for a whopping
612 million dollars, Nimbus today issued a notice to the BCCI threatening
to pull out of the deal.
Nimbus' decision to withdraw from the deal, covering
matches in India till 2010 March, comes after the Government issued on an Ordinance
making it mandatory for private broadcasters to share with Prasar Bharti the
live feed of sports events of national importance.
The sudden development prompted the BCCI to go into an emergency
meeting at Board President Sharad Pawar's official residence here to
discuss the issue.
"We have received a notice from Nimbus threatening to
pull out of the deal," a top BCCI official told reporters.
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