Breaking News LIVE: Breakup blues – Zee calls off $1.5-bn ICC TV deal with Disney
financialexpress.comLatest news today (January 26): Presenting FE’s Breaking News today. We will keep you updated on all major news, views and much more throughout the day.
Workers in the media industry staged strikes today to protest recent layoffs at The New York Daily News, Forbes, and Conde Nast, an AP report said. Journalists at these outlets walked off the job as contract negotiations with management turned contentious, reflecting the challenges facing the news industry in recent weeks. These strikes mark historic moments, as it is the first-ever strike at Forbes in more than a century and the first at The New York Daily News in over three decades, as reported by the NewsGuild of New York. The Daily News strike is a one-day event, aligning with Forbes’ walkout that extends through Monday.
Zee Entertainment has indicated to Disney Star that it does not intend to move forward with a $1.5-billion TV sub-licensing deal for International Cricket Council (ICC) tournaments for the 2024-27 period, informed sources have told FE. While this brings to an end the uncertainty around the contract, Disney may drag Zee to court for not honouring the deal, which was signed in August 2022. Zee did not respond when contacted, while Disney Star declined to comment on the issue. (Read More)
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