According to people familiar with the situation, Viacom18 has acquired the streaming rights of Cricket’s Indian Premier League, taking a valuable asset from Vault. Disney As competition in sports-streaming rights intensifies.
The winning bid of Viacom18, a joint venture between Paramount Global Indian billionaire Mukesh Ambani‘s Reliance Industries And the other was $2.6 billion, one of the people said. IPL cricket losing streaming rights presents a great challenge Analysts have said Disney’s aspirations are to rapidly grow its global streaming subscriber base.