In March this year, Star had moved the London Court of International Arbitration after Zee failed to comply with an Aug 26, 2022 agreement, under which it was to license the television broadcasting rights for ICC tournaments to the latter for four years, that is from 2024 to 2027.
Six months later in Sept, Star terminated the agreement with Zee and quantified the damages at $940 million as of Aug 31, along with other charges. “We will, on merits, strongly contest all unfounded claims by Star and reserve all our rights,” said Zee on Wednesday. Zee had claimed that it is Star that has breached the agreement and has sought $685 million from it. In Jan this year, Zee had missed its first payment to Star as it was reportedly not in a position to pay.
Rishabh Pant made 39 in his first Test innings since December 2022 following serious injuries sustained in a car accident before he nicked Mahmud through to the
A general view of a cricket ball (Getty Images)Follow live coverage of Afghanistan vs South Africa from the South Africa in Afghanistan (UAE) 2024 today.The ICC
By Ian OmoroCricket has traditionally been considered a recreational sport, and few people anticipated that it would gain popularity as a sport in the United St