IPL broadcasting rights fetch $5.6bn
June 14, 2022
The streaming and TV rights for the Indian Premier League (IPL) have been sold for a record-breaking $5.6 billion (€5.3bn).
Viacom18, backed by Indian billionaire Mukesh Ambani, acquired the streaming rights for a reported $2.6 billion, whilst Disney-owned Star India picked up the TV rights for a fee of around $3 billion.
Two further rights packages – international broadcast of the IPL, and non-exclusive rights for certain matches – are still being auctioned at time of writing.
The streaming and TV rights deals combined are more than double the $2.4 billion tht Star paid in 2017 for the previous five seasons of the IPL.
Other posts by :
- Safran Space links laser direct to satellite
- SpaceX fearful of AST SpaceMobile’s potential?
- Equatys wants 2,800 new satellites
- FCC eyes freeing up Weird Space Stuff spectrum
- SES happy with releasing 160MHz of spectrum for 5G
- Inmarsat “likely to win appeal” over Ligado/AST action
- FCC seeks fair play over foreign satellite access
- Bank raises RocketLab target price