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Live Current Media Bags the IPL Portal Rights for $50 Million

This comes in via Pahwa from CS. Live Current Media Inc, a Vancouver, Canada based company has bagged the portal rights of the Indian Premier League for 10 years for $50 million (Rs. 200 Cr.)
 
 
The owners apparently paid Rs. 400 Cr. for a 10-year franchise so this sounds like a reasonable deal. The only concern is, with [...]