Rupert Murdoch has surprised industry personnel by revealing thatFacebook’s $600 million bid for the Indian Premier League (IPL) digital rights is one of the reasons which brought Fox closer to Disney.
He said: “The one that’s coming that’s sport is Facebook. They unsuccessfully bid just for the digital rights of half the Indian cricket for $600 million. So that was a warning shot, you know. And they’ve announced now they’re going to spend billions on sports rights. So we don’t know which country they’ll go after or what they’ll do.”
Murdoch also talked about Indian business: “India is a vast country where there are, I don’t know, seven or eight or nine languages. We have an interest in a satellite company there with over 12.5 million customers. All in all, India this year, from nothing a few years ago, will make half-a-billion dollars. And we’re very confident within three years that we’ll grow to $1 billion.”
Murdoch also talked about Indian business: “India is a vast country where there are, I don’t know, seven or eight or nine languages. We have an interest in a satellite company there with over 12.5 million customers. All in all, India this year, from nothing a few years ago, will make half-a-billion dollars. And we’re very confident within three years that we’ll grow to $1 billion.”
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