SUN TV Network wins bid for Hyderabad IPL Franchise
posted on Oct 25, 2012 @ 3:02PM
SUN TV Network have won the Hyderabad Franchise for an amount of Rs 85.05 crores per year. This Franchise fee represents a premium of over a 100 % above the amount paid by DCHL for the Hyderabad Franchise in 2008. The SUN TV Network bid was substantially higher than the second bid of PVP Ventures, which was Rs 69.03 crores.