• Monday, August 15, 2022

Business

Murdoch’s Star bags India cricket media rights for record $944m

By: Sarwar Alam

India’s cricket board on Thursday (5) struck a record $944 million deal with broadcast giant Star India for the media rights of the national team, adding to their substantial television wealth. The amount was 60 percent higher than the last sale for the rights to India’s national teams and domestic tournaments. Rupert Murdoch’s Star beat rival bidders including Sony and Reliance Jio to win the television and digital rights for 2018-2023, the Board of Control for Cricket in India said. Rupert Murdoch The BCCI said in a Twitter statement that international and domestic rights had been sold for 61.38 billion…

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