Tag: Disney Star Reliance Zee Sony Agreement fallout Financial setback Media and entertainment industry

Following the unsuccessful Sony-Zee merger, Disney Star faces the looming threat of a substantial devaluation, potentially reaching an unprecedented $2 billion, according to The Economic Times’ sources. The fallout stems from Zee Entertainment Enterprises (ZEEL) disputing a $1.5-billion sub-licensing deal for the International Cricket Council (ICC), raising concerns about Reliance’s potential impact on Disney Star’s…