Omdia: IPL set to transform India's media and advertising landscape in 2024
Early 2024 has, however, seen the IPL rights landscape change substantially.
- Early 2024 has, however, seen the IPL rights landscape change substantially.
- "The IPL has emerged as a pivotal factor in the recent merger between Disney and Reliance, alongside Paramount's decision to divest its stake in Viacom18.
- The IPL is poised to monetize these massive rights costs through advertising and sponsorship, rather than subscription revenue.
- The Disney/Reliance merger is expected to close in 2025, and advertising revenues for the 2025 Indian Premier League will rise marginally over 2024.