Streaming Rivals Pay Half of Asia's $6 Billion Sports Rights Fees

Streaming services including Netflix and China's Tencent now pay half of all fees to broadcast sports across Asia, a market worth $6 billion. The shift highlights how digital platforms are upending traditional media worldwide.

• Streamers pay 50% of all sports broadcast fees in Asia
• Asia sports rights market is valued at $6 billion
• Payers include Netflix and China's Tencent
• Digital services are displacing traditional media