TechBizWebTechBizWeb

    Subscribe to Updates

    Get the latest news about Technology and Business from all around the web..

    What's Hot

    Coinbase Plans Expansion into Europe amid Market Downturn

    July 4, 2022

    Beijing silent over Xi Jinping’s brush with Covid-19 in Hong Kong

    July 4, 2022

    Babel Finance Hires Restructuring Specialist Houlihan Lokey: Sources

    July 4, 2022
    Facebook Twitter Instagram
    • About Us
    • Privacy Policy
    • Guest Post
    • Terms
    • Contact
    Facebook Twitter Instagram
    TechBizWebTechBizWeb
    Subscribe
    • Home
    • Technology

      An update broke my favorite game on Xbox, but there is a way to fix Apex Legends input lag

      July 3, 2022

      Now Android users on Twitter can pay to drop the Spaces button too

      July 3, 2022

      British Army’s YouTube and Twitter accounts were hacked to promote crypto scams

      July 3, 2022

      Tesla is facing yet another racial discrimination lawsuit

      July 3, 2022

      Apple Watch Series 8 will reportedly be able to detect if you have a fever

      July 3, 2022
    • Business
    • Cyber Security

      Tips to bolster cybersecurity, incident response this 4th of July weekend

      July 1, 2022

      Jon Raper named CISO at Costco

      July 1, 2022

      2022 RSAC takeaways: Risk management vs compliance

      July 1, 2022

      3 security lessons we haven’t learned from the Kaseya breach

      July 1, 2022

      Auston Davis named CISO at Versant Health

      June 30, 2022
    • Blockchain
    • Vulnerabilities
    • Social Engineering
    • Malware
    • Cyber Security Alerts
    TechBizWebTechBizWeb
    Home»Business»Disney wins TV rights for Indian cricket but loses out on streaming
    Business

    Disney wins TV rights for Indian cricket but loses out on streaming

    June 13, 2022Updated:June 13, 2022No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Disney has won the television broadcast rights to Indian Premier League cricket matches for the next five years in a deal worth about $3bn, according to people familiar with the matter.

    However, the company lost the streaming rights to the matches to Viacom18, a joint venture between Reliance Industries, Paramount, and a James Murdoch investor group. Viacom18 has won the streaming rights in India for about $2.6bn, according to people familiar with the matter.

    Television remains the primary way that Indians watch the IPL, but the online market is expected to grow much faster with the spread of smartphones in the coming years. Analysts say this will give Viacom18 and its owners an unrivalled platform to grow streaming and other digital businesses.

    The IPL has been a key driver of subscribers to Disney Plus, which operates a unit called Hotstar in India. Hotstar customers in India make up more than a third of total Disney Plus subscribers, helping Disney to quickly become a streaming rival to Netflix.

    A smaller package for the rights to stream about 20 per cent of the matches is still up for grabs, the people added. Disney could bid on this, although it would only allow the US group to stream about 18 of the season’s 74 matches, and would be non-exclusive.

    These rights apply to the airing of IPL games from 2023 until 2027 and have been split up between Indian TV, Indian digital, and international. Those outside of India are still up for auction and bidding is set to continue on Tuesday.

    The deals struck so far represent a significant premium to the previous auction in 2017 when Rupert Murdoch’s Star India won both the television and streaming rights globally for $2.6bn. Disney took over those rights when it acquired Fox in 2019.

    Since its launch in 2008, the IPL has reshaped the game of cricket globally and turned India into one of the world’s most promising sport markets.

    Media Partners Asia, a research firm, estimates that India’s online video industry will more than double to $6.5bn in annual revenues by 2027. 

    Losing the streaming rights to the IPL in India has been viewed as a risk to Disney’s streaming subscriber growth. However, some analysts believe that the IPL rights were not worth the heavy cost for Disney because Hotstar subscribers pay on average only 76 cents a month, compared to $8 a month in the US. 

    Disney chief executive Bob Chapek has promised Wall Street that Disney Plus will reach 230mn to 260mn subscribers by 2024.

    The market for live sport rights remains increasingly lucrative for leagues and has contributed to splintering within the larger media industry as legacy networks and upstart streamers compete for a share of consistent ratings draws around the world.

    Disney holds broadcast rights for each of the core four US professional sport leagues as well as 55 sport channels globally.

    The company said in a filing that it expected to spend $33bn on produced and licensed sport content in fiscal 2022, up from $25bn last year, because of continued scheduling delays from the pandemic, in addition to efforts to expand its direct-to-consumer offerings.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Beijing silent over Xi Jinping’s brush with Covid-19 in Hong Kong

    July 4, 2022 Business

    European stocks rise as traders weigh health of global economy

    July 4, 2022 Business

    Beijing announces interest rate swaps with Hong Kong after Xi Jinping visit

    July 4, 2022 Business

    Emerging markets are in better shape than you think

    July 4, 2022 Business

    Brussels pushes for tougher sanctions enforcement via EU-wide body

    July 4, 2022 Business

    Why Mexico is missing its chance to profit from US-China decoupling

    July 4, 2022 Business
    Editors Picks

    Beijing silent over Xi Jinping’s brush with Covid-19 in Hong Kong

    July 4, 2022

    Babel Finance Hires Restructuring Specialist Houlihan Lokey: Sources

    July 4, 2022

    European stocks rise as traders weigh health of global economy

    July 4, 2022

    OpenSea Co-Founder Alex Atallah Sets to Leave Company by the End of July

    July 4, 2022
    Trending Now

    GBTC’s Discount to NAV Hits New Record Low after SEC Declining its Bitcoin Spot ETF Application

    By techbizweb

    Why Mexico is missing its chance to profit from US-China decoupling

    By techbizweb

    Meta to Shut Down Novi Crypto Wallet in September

    By techbizweb

    https://www.nationalsportsacademy.com

    slot gacor hari ini

    http://www.inadesfo.org/

    http://www.eueomgbissau.org/

    http://www.congo-mai-mai.net/

    http://www.angelesdelafrontera.org/

    http://fifaworldcup2018schedule.com/

    http://tony4gtrmcr.co.uk/

    http://www.standrewsagreement.org/

    http://www.bob-russell.co.uk/

    http://davidmulholland.co.uk/

    http://railwayhotelenniskillen.com/

    http://www.fantasysportstrades.com/

    http://www.rainleaf-flooring.com

    http://mothersagainstguns.org/

    http://ma-coc.org/

    slot online

    http://www.paradoxmag.com/situs-judi-slot-online-gampang-menang-2021/

    http://www.paradoxmag.com/situs-judi-slot-online-terbaru-2021/

    http://slot-terbaru.net/

    Slot Gacor

    Slot Online

    Situs Slot Gacor

    http://www.appdexterity.com/

    https://cars4kids-deutschland.de/

    https://www.stretchingculture.com/

    https://www.b-123-hp.com/slot-gacor/

    https://denzstaffing.nl/

    https://ezbbqcooking.com/slot-gacor/

    https://www.mbahelp24.com/slot-gacor

    https://minhtanstore.com/slot-jackpot-terbesar/

    https://njbpusupplierdiversity.com/slot-gacor-gampang-menang/

    https://www.floridaspecialtycropfoundation.org/slot-gampang-menang/

    https://childrenscornerpreschool.org/slot-gacor-gampang-menang/

    https://cryptoquoter.com/slot-online-terbaik/

    https://alorkantho24.com/slot-gacor/

    https://ellas.xyz/slot-gacor/

    https://it.dougamatome.xyz/slot-online/

    https://www.daltercume.com/slot-gacor/

    https://josi-ana.dougamatome.xyz/slot88/

    https://josi-ana.dougamatome.xyz/slot-gacor/

    https://fastobserver.com/slot-jackpot-terbesar/

    https://www.planetexperts.com/slot-gacor/

    https://bfsolution.group/slot-bet-kecil/

    https://rustleva.co/slot/

    https://bfsolution.group/slot-bet-kecil/

    https://www.hotelcalimareal.com/togel-online/

    https://anime-game.dougamatome.xyz/slot-gacor-gampang-menang/

    https://anime-game.dougamatome.xyz/togel-online/

    https://bourbonbarrelfoods.com/slot/

    http://suneo39.wp.xdomain.jp/slot/

    https://techbizweb.com/slot-gacor/

    https://www.generalcatalyst.com/18-daftar-slot-gacor-terbaik-gampang-menang-jackpot-hari-ini/

    https://www.hotelcalimareal.com/slot-online/

    https://www.blockgates.io/slot-gacor/

    https://l12.com.br/slot-gacor/

    slot paling gacor

    https://www.donalds-hobby.com/slot-online/

    https://thecryptodirt.com/slot-gacor-hari-ini/

    http://iseta.edu.ar/aulavirtual/app/upload/users/1/1205/my_files/sbobet.html

    http://escuelavirtual.mincit.gov.co/app/upload/users/1/194/my_files/slot.html

    https://www.dev.medecinesfax.org/courses/JUDICASINO/document/slot.html

    http://www.e-archivos.org/cursos/courses/JUDICASINO/document/slot-gacor.html

    http://iesma.com.br/ead/main/upload/users/4/447/my_files/slot.html

    https://www.fundacoop.org/chamilo/app/upload/users/1/1185/my_files/slot.html

    https://fata-aatf.org/eskola/main/upload/users/3/31/my_files/slot.html

    https://uancv.edu.pe/ofinvestigacion/app/upload/users/3/328/my_files/slot-terlengkap.html

    https://micost.edu.my/EL/app/upload/users/2/209/my_files/slot-gacor.html

    https://www.academiacoderdojo.ro/elearningdev/app/upload/users/2/2442/my_files/slot-online.html

    http://campus-cidci.ulg.ac.be/courses/JUDICASINO/document/slot-termurah.html

    https://www.escueladerobotica.misiones.gob.ar/aula-ste/courses/LIVECASINO/document/slot-tergacor.html

    http://ccdipeepccqqfar.usac.edu.gt/chamilo/app/upload/users/3/358/my_files/slot-online.html

    https://cunori.edu.gt/campus/app/upload/users/7/7334/my_files/slot-online.html

    http://u-rus.com.ar/aula/app/upload/users/1/1322/my_files/slot.html

    http://icrodarisoveria.edu.it/chamilo/app/upload/users/1/1855/my_files/slot.html

    https://iestpliliagutierrez.edu.pe/clarolgm/courses/CASINO/document/slot.html

    http://pva.cobach.edu.mx/app/upload/users/7/7379/my_files/slot.html

    http://www.imb-pc-online.edu.gt/PL/app/upload/users/3/373/my_files/slot.html

    http://avcs.upeu.edu.pe/main/upload/users/3333/my_files/slot.html

    https://chamilo.fca.uas.edu.mx/app/upload/users/1/11186/my_files/slot-online/

    TechBizWeb
    Facebook Twitter Instagram Pinterest Vimeo YouTube
    • Home
    • Guest Post
    • About Us
    • Privacy Policy
    • Our Authors
    • Terms and Conditions
    • Contact
    © 2022 Tech Biz Web. Developed by Sawah Dev.

    Type above and press Enter to search. Press Esc to cancel.