Fb Inc (NASDAQ: FB) has partnered with Sony Company’s (NYSE: SNE) Indian unit to carry video-on-demand content material of India’s ongoing cricket tour of Australia.
What Occurred: The Mark Zuckerberg-led firm’s digital content material partnership with Sony Photos Networks India (SPNI) spans a number of cricket codecs together with 4 take a look at matches, in response to India’s Moneycontrol portal.
Match highlights together with finest catches and finest wickets could be obtainable on Sony Sports activities India’s Fb Web page, which is able to enable customers to observe moments they missed through the live-action, as per Moneycontrol.
Why It Issues: This month, Amazon.com, Inc’s (NASDAQ: AMZN) Prime Video snagged the rights to broadcast cricket matches between India and New Zealand, in response to native Indian media.
The Amazon deal is legitimate by means of the top of the 2025-2026 season.
In 2017, Fb had did not safe rights to broadcast Indian Premier League cricket championships although it had bid $600 million for a five-year deal, which had been finally secured by the Walt Disney Firm (NYSE: DIS).
price Motion: Fb shares closed almost 0.8% increased at $277.81 on Friday and fell 0.11% within the after-hours session. On the identical day, Sony shares rose 0.9% to $94.07 and rose 0.67% within the after-hours session in New York.
Photograph courtesy: Vijay Cennupati by way of Wikimedia
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