ESPN-Star, a joint venture between ESPN and the Rupert Murdoch-owned Star network, have bagged the audio-visual rights for all the ICC events from 2007 to 2015.

The decision was taken in an ICC Board meeting in Dubai on Saturday.

The rights, reportedly sold for $1.1 billion, are for an 8-year period and include 18 ICC tournaments with two ICC Cricket World Cups.

ICC confirmed that the final figure on the agreement was significantly in excess of its previous $550 million commercial deal with the Global Cricket Corporation.

ICC President Percy Sonn said that the whole process was an open and transparent one and that all the bids were of a very high standard.

India was represented by senior BCCI functionary I S Bindra in the meeting on Saturday.