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Zee-Disney Star deal: Is cooperation the new norm?

Operating EBITDA came in at Rs 137 crore for the financial year ended March 2023 as against Rs 1,080 crore in the previous year. EBITDA is earnings before interest, tax, depreciation and amortisation. (Representational image via Unsplash)

Unpacking how the Zee-Disney Star ICC men’s cricket deal will help the media companies.

Disney Star’s $3 bn bid helps it keep ICC rights for India market

There has been no formal announcement of a new global sponsor from the ICC. A decision is likely to be made on the same at the end of the T20 World Cup.

Disney Star’s bid was about Rs 24,000 crore for both television and digital streaming rights, as per reports.