Star India Initiates Arbitration Proceedings Against Zee Entertainment Enterprises

Star India Initiates Arbitration Proceedings Against Zee Entertainment Enterprises

Telegraph India

Star India has sought specific performance of the Alliance Agreement or to pay damages of the $1.4 billion deal, which are yet to be determined. In August 2022, Zee entered into an Alliance Agreement with Star India for a sub-license of TV broadcasting rights of ICC men’s and Under 19 international matches from 2024 to 2027. Zee had missed the first instalment of $203.56 million, following which Star India had in December quarter sent letters through its legal counsel alleging breach of Alliance Agreement.

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