Disney Seeking $940 Million From India's Zee
Disney Seeking $940 Million From India’s Zee Over Failed Cricket Rights Deal
Disney India (previously Disney Star) is seeking $940 million of damages from Indian media conglomerate Zee Entertainment Enterprises Limited, it was revealed on Wednesday. The claim relates to a cricket rights deal that collapsed in January this year.
Disney’s India Unit Seeks $940 Million in Damages From Zee
The Indian unit of Walt Disney Co. has sought $940 million in damages from Zee Entertainment Enterprises Ltd., stretching out a legal battle with the Mumbai-based broadcaster after it defaulted on payment for TV rights of cricket matches.
Disney Star's $940 Million Claim: Zee Hit With Massive Lawsuit For ICC Cricket Rights Defaults
The dispute centers on Zee's failure to meet payment deadlines for a $1.4 billion deal with Disney Star, which grants Zee exclusive TV rights to ICC men’s cricket matches.
Zee Entertainment Shares Decline As Star India Seeks Rs 8,000 Crore In Damages
Star India seeks to terminate a pact between the two firms for sub-licencing of TV broadcasting rights of ICC matches between 2024 and 2027.
Zee rejects Star India's $940M claim for damages
In a regulatory filing, Zee Entertainment Enterprises (ZEEL) said it "categorically refutes all claims and assertions made by Star, including its claims for damages" and will strongly contest all the
Zee Shares Slip As Star India Files ₹7,800 Cr Arbitration Claim Over Cricket Broadcast Deal
Zee Entertainment Enterprises has refuted all claims made by Star India in an ongoing arbitration case. The latter has filed a claim for damages amounting to $940 million (around ₹7,802 crore). What Happened: Zee Entertainment,
Disney-owned Star seeks $940 million from Zee over lapse of cricket broadcasting deal
Disney -owned Star India has sought $940 million from Zee Entertainment in damages in a London court for the termination of a cricket broadcasting agreement, the Indian broadcaster said on Wednesday.
Star files Statement of Case in London court against ZEE, seeks $940 million in damages
Star India has filed a Statement of Case against Zee Entertainment, seeking $940 million in damages over a terminated ICC TV rights deal. Zee denies the allegations and plans to contest the claims. The arbitration is still in its early stages,
ZEE hits 52-week low in strong market; stock tanks 54% thus far in CY2024
The stock of the television broadcasting & software production company was trading lower for a fifth straight day, down 8 per ...
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'Emergency' Release: Is BJP Blocking Kangana's Movie? Here's What Co-Producer Zee Claimed In Court
The Bombay High Court on Thursday directed the CBFC to decide on certificate to Kangana Ranaut starrer movie 'Emergency' by ...
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Star Sues ZEE for $940 Million
Zee stated that the arbitration is still in its early stages, and the LCIA Arbitral Tribunal has yet to determine if the ...
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Zee rejects Star India's claim of $940 million in damages for breaking cricket broadcasting deal
Zee Entertainment Enterprises Ltd on Wednesday said Star India has sought $940 million in damages at the ongoing case ...
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Zee Entertainment will contest ₹8,000 crore claims made by Star India; Shares fall
Zee Entertainment Enterprises has categorically refuted all claims and assertions made by Star India including its claims for ...
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Zee gets NCLT’s approval to withdraw Sony merger scheme
In its BSE filing, Zee informed that the tribunal has recalled its order sanctioned on August 10 approving the merger ...