Dream11 parent to invest $50 million in Times Internet’s Cricbuzz and Willow TV

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Mumbai-based gaming company Dream Sports has invested $50 million (around Rs 427 crore) in cricket media platform Cricbuzz and North American cricket broadcaster Willow TV, both owned by Times Internet, the companies said in a news release on Tuesday.

With this investment, Dream Sports will pick a strategic minority interest in Cricbuzz and Willow TV, which collectively have 185 million monthly users across more than 150 countries.

“Cricbuzz and Willow sit at the heart of how hundreds of millions of fans follow cricket everyday,” Times Internet…



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Dream11 parent to invest $50 million in Times Internet’s Cricbuzz and Willow TV


Mumbai-based gaming company Dream Sports has invested $50 million (around Rs 427 crore) in cricket media platform Cricbuzz and North American cricket broadcaster Willow TV, both owned by Times Internet, the companies said in a news release on Tuesday.

With this investment, Dream Sports will pick a strategic minority interest in Cricbuzz and Willow TV, which collectively have 185 million monthly users across more than 150 countries.

“Cricbuzz and Willow sit at the heart of how hundreds of millions of fans follow cricket everyday,” Times Internet…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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