In a highly competitive market, such deals are unheard of in Indian television industry, particularly among sports networks.
The current ICC rights holders had made the winning bid of around USD 3 billion to secure the rights for Indian market last week.
Disney Star will be the home of all ICC cricket in India for the next four years having won the TV and digital rights of both men's and women's global events till the end of 2027.
Disney Star will take over from Sony, which has held the Australian rights since the 2017-18 season.
With the auction having two different parties (Times Internet has overseas rights), the IPL and the Indian viewers are entering unchartered territory.
Media and entertainment pioneer and entrepreneur Ronnie Screwvala, who founded the erstwhile UTV group, expressed concern over the high prices of IPL rights.
Disney Star got its Indian sub-continent TV rights with Rs 23,575 crore, the India digital rights was given to Viacom18 for Rs 20,500 crore. It also won non-exclusive-Package C paying Rs 2991 crore.
The Package A, which is for television rights, has been sold for Rs 23,575 crore (Rs 57.5 crore per game) and the Package B for digital rights has been grabbed for Rs 20,500 (Rs 50 crore per game).