According to Sun TV Network’s annual report, the network’s income from subscription grew 5% whereas income from advertising and sale of broadcast slots declined by 1.89%
Lancer Capital has made investments in a variety of assets including Super Bowl champion Tampa Bay Buccaneers and Manchester United
10 of the 22 bidders are now in the race to buy new IPL teams, which will enter the league from the upcoming 2022 season
From 2022 season onwards, the IPL will have 10 teams instead of 8
With the number of matches expected to go up with the addition of two new teams, the media rights auction is expected to see a double-digit growth in bid amounts
DC jersey launched at unique event in the presence of fans
With 90-95% inventories of franchises sold out, experts believe that it bodes well for the 14th season of IPL in terms of sponsorship revenue
Post completion of acquisition, Reliance Industries will rebrand sports and fashion joint venture IMG-R as Reliance
As per sources, inclusion of new teams was delayed because existing franchises did not want to share sponsorship revenue in 2021 as that is the year they would like to cover the losses
According to industry experts, franchises will make Rs 10-15 crore minus the central pool revenue