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Benzinga
Benzinga
World
Shanthi Rexaline

Disney To Fight It Out With Asia's Richest Man For IPL Rights As Amazon Said To Bow Out

Amazon Disney IPL Asia Nasdaq Cricket Disney+Hotstar India NYSE Star India

Amazon, Inc. (NASDAQ:AMZN) is reportedly planning to drop off the race for rights to stream the Indian Premier League (IPL) cricket matches.

Amazon Backing Out? The ecommerce retailer's Prime Video streaming platform which has already invested about $6 billion in India, is unwilling to cough up another $7.7 billion — the estimated cost of securing rights to the biggest cricketing bonanza for a multi-year period from 2023 to 2027 — Bloomberg reported, citing people familiar with the matter.

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