Sports
Kaacon Sethi retires as CMO of Dainik Bhaskar Group after 12 years
Led brand, content and revenue innovation across media, sports and entertainment.
MUMBAI: After nearly a dozen years of shaping narratives and building brands, Kaacon Sethi is signing off from the marketing playbook at least for now. The long-time chief marketing officer at Dainik Bhaskar Group has stepped down, bringing to a close a 12-year stint that saw her steer the organisation through evolving media and revenue landscapes.
During her tenure, Sethi worked at the intersection of advertising, content and commerce collaborating closely with advertisers to craft client solutions and develop content-led offerings that went beyond traditional formats. Her role increasingly focused on aligning editorial strengths with brand objectives, unlocking new revenue streams in a media ecosystem undergoing rapid transformation.
Her journey at Bhaskar, she noted, was among the most defining phases of her career, one that allowed her to build, experiment and contribute across marketing, branded content and business strategy. From strengthening market presence to driving newer initiatives such as “Urban Bharat”, her work reflected a broader shift in how media organisations approach audience engagement and monetisation.
Sethi also highlighted the collaborative environment within the organisation, describing it as a space where ideas were tested, debated and pursued with conviction, an approach that helped shape several of the group’s marketing and content innovations over the years.
With experience spanning media, entertainment and sports marketing, her exit marks the end of a significant chapter not just for her but also for the organisation’s evolving marketing strategy.
For now, Sethi plans to take a short break before moving on to the next phase of her career. If the past 12 years are any indication, the pause may be brief but the impact is likely to linger longer.
Sports
JioStar terminates Bangladesh IPL and WPL broadcast rights deals
Payment defaults lead to licence cancellations and potential legal action.
MUMBAI: When the money stops flowing in cricket’s biggest cash cow, even the sub-licence holders can find themselves suddenly bowled out. JioStar India Private Limited has terminated its Bangladesh sub-licence agreements for the Indian Premier League (IPL) and Women’s Premier League (WPL) after the counterparty, Excel Lead IT Solutions FZ-LLC (holding company of broadcaster T-Sports), failed to clear outstanding dues.
The agreements, originally signed with Viacom18 (now part of JioStar) and later novated to Excel Lead, covered digital media rights for the IPL and WPL in Bangladesh for the 2023–27 seasons. In early January 2026, JioStar issued a demand notice for unpaid amounts related to the IPL 2025 and WPL 2025 seasons. Despite providing full access to matches and allowing complete commercial exploitation, the dues remained unpaid even after the cure period expired.
As a result, all licensed rights have automatically reverted to JioStar. The company has demanded immediate payment of all outstanding dues along with overdue interest and costs, and has instructed Excel Lead (T-Sports) to immediately cease any broadcast, streaming, promotion or exploitation of the rights in Bangladesh. Any continued use would constitute unauthorised exploitation.
JioStar is also considering legal proceedings, including interim and injunctive relief, to protect the commercial value of these high-profile cricket properties.
In a separate development, JioStar has invoked arbitration against Green Bean Sports Marketing (an affiliate of Gazi TV Bangladesh) over a sublicensing agreement for IPL television media rights in Bangladesh for the 2023–27 seasons. The agreement was terminated in January 2025 due to contractual breaches and payment issues.
Industry sources say JioStar remains confident in the judicial process and is determined to recover all outstanding amounts, including interest and litigation costs, in full.
The developments highlight a growing zero-tolerance approach by rights holders towards payment defaults and unauthorised exploitation in South Asia’s lucrative sports media market, where marquee cricket properties continue to command premium valuations.
In the high-stakes game of cricket broadcasting, it seems JioStar has decided that when payments don’t come, the game stops and the rights go back to the rightful owner.
