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And now Shah Rukh Khan seeks to popularise cricket in America!
BY S VENKAT NARAYAN Our Special Correspondent
NEW DELHI, December 1: Bollywood star Shah Rukh Khan, co-owner of Kolkata Knight Riders (KKR) franchise in the Indian Premier League (IPL), has completed a major long-term investment in cricket in the United States in partnership with American Cricket Enterprises (ACE).
The partnership between ACE and the KKR will include financial investments and expertise to help ACE develop and launch Major Cricket League (MCL) in the US.The investment is being led by Khan, along with his partners in the Knight Riders franchise – film actress Juhi Chawla and her businessman-husband Jay Mehta. The Times of India today quoted sources as saying that the Knight Riders is also likely to own and run the Los Angeles franchise. Los Angeles plays host to legendary clubs like the LA Lakers (basketball) and the LA Galaxy (soccer).
For a long time, Bollywood has been one of India’s big cultural and commercial exports to the US. Now one of its biggest stars has decided to invest in what promises to be a bigger entertainment and business opportunity in America. “For several years now, we have been expanding the Knight Riders brand globally and closely watching the potential for T20 cricket in the US. We are convinced that Major League Cricket has all the pieces in place to execute its plans and we look forward to making our partnership an enormous success in the coming years,” Khan said in a statement.Major League Cricket will deliver the US’s first professional T20 league featuring top international players from the host country and around the world. The focus, ACE says, will be on developing a homegrown player-pool for the US and the league. The league’s inaugural season will be in 2022.The Kolkata Knight Riders also own Trinbago Knight Riders (TKR) in the Caribbean Premier League (CPL), a franchise it bought in 2015. Between 2008 and now, KKR have won the IPL twice (in 2012 and 14) and the CPL four times in six editions so far.KKR and Red Chillies Entertainment CEO Venky Mysore said: “We have had a keen interest in the US and our expansion is consistent with our long-term strategy. We look forward to the new challenge of building cricket in the world’s most sophisticated sports and media market,” says Mysore.Vijay Srinivasan, the co-founder at ACE and Major League Cricket, said: “There is a passionate following for cricket right across the US”, underlining New York, New Jersey, LA, Florida, Atlanta, Texas, Chicago, the Bay Area, Seattle among the hotbeds of the sport.”We have granular data on the audiences, which has helped guide our plans for the key markets. Our research indicates there are 15-20 million fans in the US, with over four million regular viewers for cricket broadcasts on our partner Willow TV. This audience is complemented by over 150,000 regular players in leagues and conferences across,” Srinivasan said.
“The US is now the third or fourth largest market for cricket media rights, anchored by large communities with backgrounds from the Indian sub-continent, the Caribbean, and other major cricket playing countries,” he added.
Mysore believes the diaspora in the US has been “huge consumer of cricket content” and will work towards ensuring that the T20 format catches the imagination of American public.
“The economics of the league and franchise is bound to be healthy given the size of the media market and the appetite of global brands to advertise on the T20 platform. The city councils and their support for development of cricket infrastructure will ensure that world class stadiums will be up and running fairly quickly,” he said.
Srinivasan believes there are a number of factors that have given him and his team the confidence that the timing is right for cricket to truly establish its hold in America. “The readmission of a National Governing Body for the sport, the newly formed USA Cricket, as a member of the ICC in 2017 was critical. Since then the progress has been significant. In May 2019 ACE was chosen as the exclusive strategic partner for USA Cricket for the development of a world-class professional T20 cricket league in the US,” he says.
The league has leading experts on board and is working towards its plans to feature six teams from major metropolitan regions across the United States.
“As we finalise venues, we will make further announcements. The first Minor League Cricket season in 2021 will be a major stepping stone towards the launch and we are very excited to be able to deliver the first edition of a national T20 competition,” Srinivasan said.
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Tri-Forces donate LKR. 372 million, a day’s pay of all ranks to ‘Rebuilding Sri Lanka’ Fund
Members of all ranks from the Sri Lanka Army, Sri Lanka Navy and Sri Lanka Air Force have collectively donated a day’s basic salary to the ‘Rebuilding Sri Lanka’ Fund, which was established to restore livelihoods and rebuild the country following the devastation caused by Cyclone Ditwah.
Accordingly, the total contribution made by the Tri-Forces amounts to LKR. 372,776,918.28.
The cheques representing the financial contributions were handed over on Wednesday (31 December) at the Presidential Secretariat to the Secretary to the President, Dr. Nandika Sanath Kumanayake.
The donations comprised LKR. 250 million from the Commander of the Army, Major General Lasantha Rodrigo; LKR. 73,963,879.71 from the Commander of the Navy, Rear Admiral Kanchana Banagoda and LKR. 48,813,038.97 from the Commander of the Air Force, Air Marshal Vasu Bandu Edirisinghe.
Secretary to the Ministry of Defence, Air Vice Marshal Sampath Thuyacontha, was also present on the occasion.
News
CEB demands 11.57 percent power tariff hike in first quarter
The Ceylon Electricity Board (CEB) has submitted a proposal to the Public Utilities Commission of Sri Lanka (PUCSL) seeking an 11.57 percent increase in electricity tariffs for the first quarter of 2026, citing an estimated revenue shortfall and additional financial pressures, including cyclone-related damages.
According to documents issued by the PUCSL, the proposed tariff revision would apply to electricity consumption from January to March 2026 and includes changes to both energy charges and fixed monthly charges across all consumer categories, including domestic, religious, industrial, commercial and other users.
Under the proposal, domestic electricity consumers would face increases in unit rates as well as fixed monthly charges across all consumption blocks.
The CEB has estimated a deficit of Rs. 13,094 million for the first quarter of 2026, which it says necessitates the proposed 11.57 per cent tariff hike. The utility has noted that any deviation from this estimate whether a surplus or a shortfall will be adjusted through the Bulk Supply Tariff Adjustment (BSTA) mechanism and taken into account in the next tariff revision.
In its submission, the CEB said the proposed revision is aimed at ensuring the financial and operational stability of the power sector and mitigating potential risks to the reliability of electricity supply. The board-approved tariff structure for the first quarter of 2026 has been submitted to the PUCSL for approval and subsequent implementation, as outlined in Annex II of the proposal.
The CEB has also highlighted the financial impact of Cyclone Ditwah, which it said caused extensive damage to electricity infrastructure, with total losses estimated at around Rs. 20 billion. Of this amount, Rs. 7,016.52 million has been attributed to the first quarter of 2026, which the utility said has a direct bearing on electricity tariffs.
The CEB warned that if external funding is not secured to cover the cyclone-related expenditure, the costs incurred would need to be recovered through electricity tariffs in the second-quarter revision of 2026.
Meanwhile, the PUCSL has said that a decision on whether to approve the proposed tariff increase will be made only after following due regulatory procedures and holding discussions on the matter.
By Sujeewa Thathsara ✍️
News
Health Minister sends letter of demand for one billion rupees in damages
Ondansetron controversy
Minister of Health and Mass Media Dr Nalinda Jayatissa has sent a letter of demand for Rs. 1 billion in damages from YouTube content creator Dharmasri Kariyawasam, accusing him of disseminating false and defamatory material linking the Minister to the importation of Ondansetron and inciting public unrest.
The notice, sent through the Minister’s lawyers, states that investigations are currently under way into 10 medicines, including Ondansetron Injection, manufactured by India-based Maan Pharmaceutical Limited.
Ondansetron Injection was among nine injectable drugs recently suspended by the National Medicines Regulatory Authority (NMRA) following reports of patients administered with the drug suffering adverse complications.
Despite the ongoing investigations, Kariyawasam allegedly aired a widely viewed programme on his YouTube channel titled “The hidden story of the Indian drug that claimed lives, Mayor Balthazaar’s relative, and Minister Nalinda’s cover-up.”
According to the letter of demand, the programme falsely portrayed Minister Jayatissa as being directly responsible for importing the drug, colluding with the supplier, and attempting to conceal the issue, while depicting him as indifferent to public suffering.
The Minister’s lawyers maintain that these allegations are entirely false and defamatory, citing passages in which Kariyawasam allegedly accused Jayatissa of lying about the supplier, concealing facts related to PTC Medicals (Pvt) Ltd., the actual importer, and showing a lack of concern over deaths purportedly linked to the drug.
The programme also claimed links between the directors of PTC Medicals and family members of Colombo Mayor Vraîe Cally Balthazaar, implying political favouritism.
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