financetom
Business
financetom
/
Business
/
Disney Reportedly Seeks $940 Million in Damages from Zee Over Cricket Payments
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Disney Reportedly Seeks $940 Million in Damages from Zee Over Cricket Payments
Sep 21, 2024 10:01 PM

07:27 AM EDT, 09/18/2024 (MT Newswires) -- Walt Disney's ( DIS ) India unit Disney Star is seeking $940 million in damages from Zee Entertainment for defaulting on payments for cricket broadcasting rights, media reports said Wednesday.

Disney Star filed the claim for damages that include costs, expenses, and interest at the London Court of International Arbitration, Bloomberg reported, citing regulatory filings.

Disney Star accuses Zee of missing payment deadlines as part of a $1.4 billion licensing deal, the reports said.

Disney Star and Zee did not immediately reply to MT Newswires' requests for comment.

Price: 93.00, Change: +0.14, Percent Change: +0.15

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Integer Holdings beats Q3 sales, profit estimates
Integer Holdings beats Q3 sales, profit estimates
Oct 23, 2025
Overview * Integer Q3 2025 sales rose 8% to $468 mln, beating analysts' expectations * Adjusted EPS for Q3 2025 increased 25% to $1.79, beating consensus Outlook * Integer expects 2025 sales between $1.840 bln and $1.854 bln * Company anticipates 2025 adjusted EPS of $6.29 to $6.43 * Integer forecasts 2026 organic sales flat to up 4% Result Drivers...
Spot crude premiums jump as US sanctions on Russian producers drive China, India demand
Spot crude premiums jump as US sanctions on Russian producers drive China, India demand
Oct 23, 2025
SINGAPORE (Reuters) -Spot premiums in crude markets jumped on Thursday on expectations that U.S. sanctions on top Russian producers will spur China and India's demand for supplies from the Middle East, Africa and South America, trade sources and analysts said. Washington hit major suppliers Rosneft and Lukoil with sanctions over the Ukraine war, sparking concerns over tighter supply of oil...
Freeport-McMoRan Q3 Adjusted Net Income, Revenue Rise
Freeport-McMoRan Q3 Adjusted Net Income, Revenue Rise
Oct 23, 2025
08:11 AM EDT, 10/23/2025 (MT Newswires) -- Freeport-McMoRan ( FCX ) reported Q3 adjusted net income Thursday of $0.50 per diluted share, up from $0.38 a year earlier. Analysts polled by FactSet expected $0.42. Revenue for the quarter ended Sept. 30 was $6.97 billion, up from $6.79 billion a year earlier. Analysts surveyed by FactSet expected $6.71 billion. The company's...
Carter Bankshares misses Q3 profit expectations
Carter Bankshares misses Q3 profit expectations
Oct 23, 2025
Overview * Carter Bankshares ( CARE ) Q3 net income and EPS miss analyst expectations * Net interest income for Q3 increased 4.2% from prior quarter * Company's financial results impacted by nonaccrual loans from Justice Entities Outlook * Company expects to benefit from Federal Reserve's short-term interest rate reductions * Company anticipates loan growth from prior construction lending over...
Copyright 2023-2026 - www.financetom.com All Rights Reserved