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NIMBUS DID NOT FULFILL CONTRACTUAL OBLIGATION: ACC.
NEW DELHI, June 1 Asia Pulse - Contrary to claims made by sports broadcaster Nimbus that it had walked out of the upcoming Afro-Asia Cup cricket series, Asian Cricket Council on Thursday said it scrapped the deal with the channel for "not fulfilling contractual obligations".
Consequently, ACC has awarded the telecast rights for this year Afro-Asia cup to be held in India next month to ESPN Star Sports (ESS).
"They (Nimbus) did not fulfil their contractual obligations... but it is always painful to terminate contracts," ACC CEO Syed Ashraful said over the phone from Kuala Lumpur.
Asked to explain the details of its contract with Nimbus, he declined to comment citing confidentiality clause.
He also did not reveal the financial details of ACC's new deal with ESS. ...
- ESPN to telecast Afro-Asia Cup; ACC scraps deal with Nimbus.
- News wire article from: PTI - The Press Trust of India Ltd. May 31, 2007 700+ words
...telecast Afro-Asia Cup; ACC scraps deal with Nimbus New Delhi, May 31...with sports broadcaster Nimbus. The ACC today said it ended a...financial details of ACC's new deal with ESS. Yesterday, Nimbus had said that it will...
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...MUMBAI, India -- Time is running out for Nimbus. With a host of payouts scheduled in...for the upcoming Afro-Asia series. Nimbus is believed to be aggressively talking...bankers taking their time to scrutinise Nimbus' broadcasting arm Neo Sports' business...
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May 11--If Nimbus CD International Inc. builds a $35 million...employer founded by British nobility. Nimbus recently announced that it's looking...square-foot CD plant this fall. But Nimbus started half a world away - as an obscure...
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Source: HighBeam Research, NIMBUS DID NOT FULFILL CONTRACTUAL OBLIGATION: ACC.