Indian Cricket Broadcast Rights Fetch a Record Price

India’s governing body for cricket said on Tuesday that it had sold television and digital broadcasting rights for a record $6.2 billion, about three times the value of its previous contracts, fortifying the Indian Premier League’s place among the world’s most valuable sports properties.

The deal consists of two major parts, one being television rights for the Indian subcontinent, which were purchased by Star India, the local Disney subsidiary, for $3.02 billion. The second is the…

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