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ICC and JioStar Quash Exit Rumors: $3 Billion Deal Stands Firm

The ICC and JioStar have come out strongly to deny any rumors of their partnership ending. They issued a joint statement confirming their four-year media rights deal is still fully active. Both organizations are focused on delivering uninterrupted coverage of upcoming tournaments like the Men's T20 World Cup. The deal, worth $3 billion, secures Indian broadcasting rights for ICC events through 2027.

Key Points: ICC JioStar Reaffirm Media Rights Deal Amid Exit Rumors

  • Joint statement denies all media reports suggesting JioStar is withdrawing from the ICC deal
  • JioStar is fully committed to honoring its contractual obligations in letter and spirit
  • Preparations for upcoming ICC events, including the T20 World Cup, are progressing as planned
  • The $3 billion deal guarantees coverage of one major men's event annually through 2027
2 min read

ICC, JioStar quash exit rumours; to continue four-year deal

ICC and JioStar issue a joint statement denying reports of ending their four-year media rights partnership, confirming commitment to upcoming tournaments.

"The existing agreement between the ICC and JioStar remains fully in force, and JioStar continues as the ICC’s official media rights partner in India. - Joint ICC & JioStar Statement"

Dubai, Dec 12

The International Cricket Council (ICC) and JioStar have reaffirmed their long-term partnership and refuted any rumours that the media partner is considering ending the four-year deal.

"The International Cricket Council (ICC) and JioStar have noted recent media reports concerning the status of the ICC’s media rights agreement in India. These reports do not reflect the position of either organisation. The existing agreement between the ICC and JioStar remains fully in force, and JioStar continues as the ICC’s official media rights partner in India. Any suggestion that JioStar has withdrawn from the agreement is incorrect," the joint statement from ICC and JioStar read.

It further stated, "JioStar is fully committed to honour its contractual obligations in letter and spirit. Both organisations remain focused on delivering uninterrupted, world-class coverage of upcoming ICC events to fans across India, including the ICC Men’s T20 World Cup, one of the sport’s most anticipated global tournaments.

Advertisers and industry partners will not be impacted, according to the ICC and JioStar, since both parties are taking the necessary action.

"Preparations for these events are progressing exactly as planned, and there is no impact on viewers, advertisers, or industry partners. ICC and JioStar, as long-term commercial partners, maintain regular communication on operational, commercial and strategic matters focused on the role the partnership can play in growing the sport."

JioStar paid USD 3 billion to acquire the ICC's media rights agreement from 2024 to 2027, guaranteeing the hosting of one major men's international event annually.

- IANS

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Reader Comments

P
Priya S
Honestly, I'm relieved. Switching broadcasters mid-cycle is always messy for viewers. Hope JioStar keeps improving their streaming quality for the big tournaments.
R
Rohit P
$3 billion is a massive investment. It was never logical for them to just walk away. These rumours probably started to manipulate something. Good on ICC and JioStar for shutting it down quickly.
S
Sarah B
As a cricket fan living abroad, I'm just glad the Indian broadcast is stable. It sets the standard. A chaotic rights situation in India affects the global fan experience too.
V
Vikram M
Good to have continuity. But a respectful criticism: I hope this partnership focuses more on growing the sport in smaller cities and towns, not just the metros. The real fanbase is there.
K
Karthik V
Bas ab World Cup ka intezaar hai! No more distractions. Just deliver the matches without any streaming lag, especially during India's games. That's all we ask for.

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