Facebook, Twitter weigh bids for media rights to India cricket league
- Wall St. lower as earnings from some big names disappoint
- General Motors (GM) Tops Q3 EPS by 28c
- Procter & Gamble (PG) Tops Q1 EPS by 5c
- DuPont (DD) Tops Q3 EPS by 14c; Boosts FY16 EPS Outlook; Says Continuing to Work with Regulators
- Pre-Open Stock Movers 10/25: (SAEX) (CWEI) (SWFT) Higher; (DPRX) (CRBP) (UA) Lower (more...)
3D-printed Facebook and Twitter logos are seen in this picture illustration made in Zenica, Bosnia and Herzegovina on January 26, 2016. REUTERS/Dado Ruvic
Get access to the best calls on Wall Street with StreetInsider.com's Ratings Insider Elite. Get your Free Trial here.
(Reuters) - The Indian cricket board said it had received interest from Facebook Inc and Twitter Inc for media rights to the popular Indian Premier League (IPL) Twenty20 cricket tournament.
The social media companies are among a host of other firms including Star India Pvt Ltd, Amazon.com Inc, Reliance Jio and ESPN Digital Media that have shown interest in acquiring media rights for the annual tournament.
The bids for the rights - for 2018 onwards - are expected by Oct. 25.
Cricket is the most popular sport in India and teams in the IPL count Bollywood stars and major conglomerates such as Reliance Industries as investors.
(Reporting By Nayyar Rasheed and Narottam Medhora in Bengaluru)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- From a shack to parliament, Kenya's slum MP pushes pro-poor agenda
- Tunisia arrests two Americans suspected of ties to Islamic State: security official
- Russia advances in Doing Business rankings: World Bank
Create E-mail Alert Related CategoriesReuters
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!