There appears to have been some mischief-making in the corridors of power which determine cricket broadcasting rights. At least this is the case as far as the all-important Indian market is concerned.
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Rumors have been expressed in respected media channels that the current four-year deal between JioStar and the International Cricket Council is in jeopardy.
JioStar is the result of a merger in 2024 between Viacom18 and Disney Star, which had negotiated the original deal, signed in 2022. This was valued at $2.9 billion. The precise rumor was that JioStar does not wish to honor the last two years of the deal.
Such was the impact of the rumor that the ICC and JioStar released a joint statement on Dec. 11 which said that the media reports “do not reflect the position of either organization.
