R102-billion battle for cricket streaming rights

  • 📰 mybroadband
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 67%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

For the first time, the rights to broadcast IPL matches on television and to stream them online will be sold separately, opening the door to Amazon.com Inc. and its Prime video service.

Jeff Bezos and Mukesh Ambani, billionaires who have been battling for years in India, are headed for a ferocious new clash over rights to the country’s cricket matches.to auction off media rights and they seem designed to raise bids — and tensions.

What’s more, the cricket competition will take place live online over the course of two days, which means proxies for the two men will have to make minute-by-minute bids and counterbids in real-time. The event, which starts on June 12, could see bets of $7 billion or more, according to the people, who didn’t want to be quoted discussing sensitive information.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in LAW

Law Law Latest News, Law Law Headlines