ET World Leaders Forum: Cricket is a great investment but rights costs have run out of control, says JioStar's Uday Shankar

Source: The Times of India· ET Bureau· August 23, 2026
ET World Leaders Forum: Cricket is a great investment but rights costs have run out of control, says JioStar's Uday Shankar
SynaBot summary

JioStar's Uday Shankar highlighted cricket's success in building a massive digital user base. However, he warned that escalating media rights costs are making further investment unsustainable for the business.

Key takeaways

  • Cricket's audience reach is a powerful digital growth engine.
  • Skyrocketing media rights are straining profitability.
  • Future sports content access may change significantly.
  • Companies are reassessing high-cost digital content.

Why it matters

This signals potential shifts in how major sporting events are streamed and accessed. Users might face more fragmented platforms or increased subscription fees as companies re-evaluate costly content acquisition.

This story was reported by The Times of India. Read the full original article:
Read on The Times of India

Try this on SynaBot

Related AI assistants, prompts, and tools from the SynaBot catalog.

More in Business & Funding

View all