Скачать или смотреть How ICC Earns Money from Cricket World Cup? | Business Model CWC 2023 | Muhammad Owais

The ICC Cricket World Cup is one of the biggest sporting events in the world, and its business model is complex and multifaceted. In this video, we take a look at how the ICC, cricket boards, and broadcasters earn money from the tournament.

How the ICC Earns Money

The ICC earns money from the Cricket World Cup through a variety of sources, including:

Broadcast rights: The ICC sells broadcast rights to the tournament to TV and digital broadcasters around the world. This is the ICC's biggest source of revenue from the Cricket World Cup.
Sponsorship: The ICC sells sponsorship rights to the tournament to companies that want to associate their brands with the biggest event in cricket.
Ticket sales: The ICC sells tickets to Cricket World Cup matches. This is a smaller source of revenue, but it is still significant.
Prize money: The ICC pays prize money to the teams that participate in the Cricket World Cup. The winning team receives the lion's share of the prize money.
Benefits and Challenges for the Hosting Country

Hosting the Cricket World Cup can be a major economic boon for the host country. The tournament attracts millions of visitors from around the world, and it generates significant revenue from tourism, hospitality, and other sectors.

However, hosting the Cricket World Cup can also be a challenge. The host country needs to invest heavily in infrastructure and security to prepare for the tournament. Additionally, the host country needs to coordinate with the ICC and the participating teams to ensure that the tournament runs smoothly.

How Cricket Boards Earn Money

Cricket boards earn money from the Cricket World Cup in a number of ways, including:

Revenue sharing with the ICC: Cricket boards receive a share of the revenue that the ICC generates from broadcast rights, sponsorship, and ticket sales.
Hosting fees: The ICC pays a hosting fee to the cricket board of the country that hosts the Cricket World Cup.
Merchandise sales: Cricket boards sell merchandise related to the Cricket World Cup, such as team jerseys, hats, and souvenirs.
How Broadcasters Generate Revenue

Broadcasters generate revenue from the Cricket World Cup through a variety of sources, including:

Advertising: Broadcasters sell advertising space during Cricket World Cup matches. This is the biggest source of revenue for broadcasters.
Subscription fees: Some broadcasters charge viewers a subscription fee to watch Cricket World Cup matches.
Pay-per-view: Some broadcasters charge viewers a pay-per-view fee to watch Cricket World Cup matches.
This video will provide a more detailed look at each of these revenue streams, and it will discuss the challenges and opportunities that the ICC Cricket World Cup 2023 business model presents for the ICC, cricket boards, and broadcasters.

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