Lahore: Lahore High Court (LHC) has restricted new contract between PTV and Ten Sports. LHC also ordered that PTV must sold Satellite and Cable TV rights of ICC events through open bid. LHC also directed that petitioners Geo Super and Ten Sports have equal rights to purchase these rights.
Earlier, PTV tried for hidden contract with Indian sports channel Ten Sports and no contract details were made public. Geo Super also tried to get ICC Events rights but PTV didn’t value Geo Super. Court also clarified that government can’t sale any property or any other right without open bid.
It’s worth mentioning here that PTV purchased Terrestrial, Cable and Satellite Rights of ICC Events for next four years. PTV got these rights in 3 Crore US dollar.