CNET: Facebook loses bid to stream Indian cricket tournament tourney

CNET: Facebook loses bid to stream Indian cricket tournament tourney. “The social network took a swing at a five-year, $610 million deal for local streaming rights to the Indian Premier League, NDTV reported. Facebook’s hopes were dashed, however, by 21st Century Fox’s Star India unit, which bid $2.55 billion for both digital and TV rights worldwide.”

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