The contributions of this paper are twofold. Firstly, we analyze the decision making problem of caching contents by the network players of Information Centric Networking (ICN) from a game theoretic perspective. We also mention a possible content distribution model for ICN. By our proposed game theory, different network players can find the optimality taking into consideration which benefits them with optimum revenue. Secondly, we present a solution for Live Streaming Media broadcast in ICN and analyze the economic part with a decision tree. We believe, our paper clearly shows the economic incentives for major network players which can stand as a motivation to achieve the faster accommodation of ICN architecture. Besides, we identify some standardization issue in ICN architecture and we emphasize on the need for a common standard for content routers (CR) so that as a node in the ICN, CR ensure scalable content delivery as well as its functionalities match with the Internet open standard philosophy.