Rights Auctions Split Television From Digital Deliberately
Selling television and digital rights to separate buyers rather than bundling them has become standard practice for major regional properties, and it works because it manufactures competition where a single bundled auction would produce a single credible bidder. The 2022 Indian Premier League cycle demonstrated the mechanism at scale, splitting the package and drawing bids from parties who would never have competed for the whole. The approach requires a property large enough that both halves stand alone commercially. Smaller organisers copying it have discovered that fragmenting a modest audience produces two weak auctions.
Market Impact: Drives 58% of promoter revenue








