The last media rights five-year contract was valued at $1.2 billion annually, but the IPL is poised to monetize these massive rights costs through ad and sponsorship, rather than subscription revenue.
YouTube is the top video service provider in key markets, and simultaneously, there is strong growth in other social video platforms and Free ad-supported television (FAST) services.
Consumer appetite for subscription streaming services has transformed the industry over the past decade, but new data from Omdia has found a notable shift in subscription video on demand “stacking” behavior.