Disney Seeks $940 Million in Damages from Zee Over Failed Cricket Deal

Zee Entertainment defaulted on a $1.4 billion licensing agreement, leading Disney to pursue arbitration for unpaid fees and damages.

Disney India is demanding $940 million from Zee Entertainment for missed payments on a cricket broadcasting rights deal.
The dispute centers on Zee's failure to meet the initial $200 million payment deadline for a $1.4 billion licensing agreement.
The arbitration process is being handled by the London Court of International Arbitration, with Zee refuting all claims.
The deal collapse follows Disney's acquisition of ICC cricket broadcasting rights for 2024-2027, which were sub-licensed to Zee.
Zee has recently faced other corporate challenges, including a failed merger with Sony and regulatory scrutiny in India.