WowFactz's video: How Does IPL earn Money Shorts IPL2024 YTShorts

How Does IPL earn Money | The Indian Premier League (IPL) got richer by a whopping ₹48,390.5 crore ($6.2 billion) last week by negotiating a broadcasting rights deal for the five-season cycle from 2023 to 2027. As per data collated by ESPN Cricinfo, the rights for the 2023-27 seasons have been sold for double the price in comparison to that for 2018-22. Mukesh Ambani-backed Viacom-18 bagged the digital broadcasting rights for ₹23,758 crore, replacing the incumbent Disney Star, which managed to retain the television rights for ₹23,575 crore. The rights to air IPL matches globally were shared between Viacom and Times Internet, for a total of ₹1,075 crore. Viacom also paid another ₹2,991 crore for a separate category of non-exclusive rights to air 18 crucial matches each season. ------------------------------------------------------------------------ Thanks for watching! If you have a suggestion for a future video, then please leave it in the comments below! ------------------------------------------------------------------------- Disclaimer: We have tried our best for making our video error-free.This is for educational purpose and entertainment purpose. Some footages and images used for representational purpose. ------------------------------------------------------------------------ Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance for fair use.