IPL unsuprisingly makes bulk of its revenue from broadcasting rights
Jio paid almost 5000 Cr for digital streaming rights of IPL - I wonder if they actually make actual money from any of this, or is the whole thing just written off as a marketing spend?
They definitely make some monies from advertising. Plus as they are the data providers, monetising infra can be another opportunity for them.
Oh true, advertising revenue would be a big share. But not sure know if the additional data would really be a needle mover
Jio spending 5000 Cr on IPL rights? That's a misdirected investment. They could've pumped that into improving their network coverage. Chalo, let's not worry about Ambani's wallet. Did they consider investing in rural digital infrastructure instead?
