Global media giants including Disney and Sony and Asia's richest man reportedly battled Sunday for the broadcast rights for the Indian Premier League cricket tournament, one of the world's most-watched sporting events.
The winning bidders were expected to pay up to $7.7 billion in an online auction held by India's cricket board on Sunday to show and stream the two-month contest for five seasons from 2023 to 2027, according to analysts.
Attracting some of cricket's top stars from India and abroad with large salaries, the league has helped make Twenty20, a shorter and more exciting format of the sport, hugely popular, spawning copycat events worldwide.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
News24 scores second place win and four special mentions at global awards for media excellence | News24News24 has been recognised at the 2022 Global Media Awards held on Thursday, cementing the organisation’s position as South Africa's leading news publication.
Read more »
Sponsored Content: Calling young innovators: Pitch your idea on a global stageAre you an innovator with an idea the world should know about? Enter our competition and stand a chance to pitch your innovation to a prestigious international audience in Berlin in November! Watch our 1 minute ‘call for applications’ video for more info.
Read more »
Global investment banks face a tough 2022Wall Street analysts expect earnings for five of the biggest US investment banks to decline 22.9%
Read more »
Global investment banks face a tough 2022Wall Street analysts expect earnings for five of the biggest US investment banks to decline 22.9%
Read more »
Q&A: Investors face ‘tectonic shifts’ in global economic and geopolitical orderSasfin’s chief investment officer, Arno Lawrenz, discusses the effects of the Ukraine crisis, accelerating global inflation and how SA-based investors can navigate these tricky times
Read more »
The global economy is facing the jaws of the hippopotamusThe World Bank released its June economic prospects for the global economy with a warning that the likelihood of stagflation – high inflation combined with shallow growth or recession – has risen.
Read more »