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Discussion Forum : Business - Latest Current Affairs (Q.No. 1423)
1423.
Which company wins IPL media rights for next five years?
Star India
ITV
Discovery Communications
News Corp
Answer: Option
Explanation:
Star India bagged the IPL media rights for TV and digital broadcast for a consolidated sum of Rs.16, 347.5 crore ($ 2.55 billion) for a period of five years. It will start from the 11th edition of IPL 2018 for five years. It pipped Sony to acquire the rights from 2018 to 2022. Total of 24 companies had picked up the Invitation To Tender (ITT) to bid for the broadcast and digital rights.
Discussion:
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