To date, Disney owned Star India along with Sony paid 163.48 billion rupees for digital and television rights to IPL.
Traditional media firms are now facing heavy competition from deep-pocketed conglomerates like Reliance and Amazon.
Both Amazon and Reliance were previously at odds over future retail takeover. A future conflict may unfold very soon over IPL media Rights.
Amazon, whose Prime Video platform recently began live-streaming cricket matches, wants to win the IPL rights to increase subscription to its platform.