The Indian Premier League (IPL) has settled its dispute with the News Broadcasters' Association (NBA), the umbrella body for TV news channels, on issues related to the coverage of the high-profile event after a meeting in Mumbai.

"All the pending disputes were resolved and the meeting was a success," sources close to IPL said.

The TV channels were unhappy with the charges demanded for showing clips of the IPL matches that, they felt, were too high and had threatened to boycott the multi-million dollar Twenty20 tournament starting in Bangalore on Friday.

Last night, representatives of the NBA discussed the contentious issues with IPL Chairman Lalit Modi and representatives of Sony Television, which holds the broadcasting rights for the event that ends on June 1.

The television channels were protesting against the exclusive rights given to Sony Network and the NBA had written a letter to Modi which resulted in the late night parleys among the parties involved.

A few days ago, the IPL had resolved a dispute arising over stringent media accreditation guidelines with the Indian Newspaper Society.