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ICC net surplus jumps 15 percent to 543 million as costs fall sharply

ICC net surplus jumps 15 percent to 543 million as costs fall sharply

The ICC reported a 15 percent rise in net surplus to $543.3 million in 2025, driven primarily by a sharp drop in event costs despite a slight fall in total revenue. Members’ funds nearly doubled, signaling improving financial strength. The sport’s governing body is now gearing up for the next media rights cycle, a key phase for future earnings.

Summarised by Beize from a story on The Economic Times on 14 May 2026
Delhi High Court sends JioStar vs Absolute Legends Cricket rights dispute to arbitration

Delhi High Court sends JioStar vs Absolute Legends Cricket rights dispute to arbitration

The Delhi High Court has referred a commercial dispute between JioStar India and Absolute Legends Sports to arbitration over media and commercial rights for the Legends League Cricket Masters T20. Pending the arbitrator’s decision, the court has protected key revenue streams tied to franchise fees and ticket sales to prevent immediate financial fallout.

Summarised by Beize from a story on The Economic Times on 13 May 2026

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FIFA risks disappointment as India World Cup media deal bids fall far below hopes

FIFA risks disappointment as India World Cup media deal bids fall far below hopes

FIFA is struggling to sell 2026 World Cup media rights in India as expected deal values come in far below early projections. Experts say broadcasters are wary after overspending on cricket and facing a weaker advertising environment. With demand softening, FIFA may have to scale down its expectations to align with a subdued local market.

Summarised by Beize from a story on The Economic Times on 7 May 2026
Zee Entertainment sues Reliance Disney for alleged music copyright breach seeking 3 million damages

Zee Entertainment sues Reliance Disney for alleged music copyright breach seeking 3 million damages

Zee Entertainment has filed a lawsuit against the Reliance-Disney joint venture, alleging it continued using Zee’s copyrighted music without permission after existing licensing agreements expired. Zee is seeking $3 million in damages, underscoring intensifying disputes over content and intellectual property rights across India’s fast-evolving media market.

Summarised by Beize from a story on The Economic Times on 6 May 2026
IPL Viewership Soars Yet JioCinema and Disney Star Are Unhappy Here’s Why

IPL Viewership Soars Yet JioCinema and Disney Star Are Unhappy Here’s Why

IPL is breaking audience and reach records, but rights holders Disney Star and Viacom18 are reportedly struggling to convert that traction into revenue. Despite major spending on broadcast and digital rights, the economics of monetising viewers—especially across streaming and ad-led formats—remain challenging, leaving both broadcasters seeking better returns.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Viacom18 buys IPL digital rights for 23758 crore Can Reliance and Uday Shankar win OTT viewers

Viacom18 buys IPL digital rights for 23758 crore Can Reliance and Uday Shankar win OTT viewers

Viacom18, backed by Reliance and led by media executive Uday Shankar, has acquired IPL digital rights for five years in a massive deal worth about ₹23,758 crore. The investment dwarfs its current OTT footprint, raising the key question: can Viacom18 convert IPL demand into subscriptions and sustainable profits, or will competition from established platforms stall returns?

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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FIFA slashes India World Cup media rights price to 35 million but buyers stay away

FIFA slashes India World Cup media rights price to 35 million but buyers stay away

FIFA is finding it tough to sell India media rights for the 2026 and 2030 World Cups, forcing it to cut its asking price to $35 million. The reduction reflects a slowdown in sports broadcasting and limited interest from potential buyers. JioStar, the current rights holder, is viewed as the closest contender as FIFA continues to shop for deals.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
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