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Viacom18 buys IPL digital rights for 23758 crore Can Reliance and Uday Shankar win OTT viewers

Business
Published on 24 April 2026
Viacom18 buys IPL digital rights for 23758 crore Can Reliance and Uday Shankar win OTT viewers

A huge IPL bet tests a new OTT challenger

Viacom18, backed by Reliance and led by media executive Uday Shankar, has acquired IPL digital rights for five years in a massive deal worth about ₹23,758 crore. The investment dwarfs its current OTT footprint, raising the key question: can Viacom18 convert IPL demand into subscriptions and sustainable profits, or will competition from established platforms stall returns?

  • Viacom18 has secured IPL digital rights for the next five years
  • The deal is valued at roughly ₹23,758 crore
  • Viacom18 is still building its OTT subscription scale
  • Reliance and Uday Shankar face a high-stakes viewership test
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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