Star seeks to renegotiate $3 billion broadcast deal with ICC
Disney Star is actively seeking to renegotiate its substantial $3 billion broadcast agreement with the International Cricket Council (ICC), signed two years ago. The contract, which was activated during the recent 2024 men's T20 World Cup in the Caribbean and USA, is now under review. This development comes amid rumors of Jay Shah's potential appointment as ICC chairman, a role that would involve addressing this significant issue.
Star seeks immediate relief on valuation
In addition to renegotiation, Star is also requesting "immediate relief" on the T20 World Cup's overall valuation. The broadcaster has communicated its concerns to the ICC through two letters and discussions at last month's Annual Conference in Colombo. Greg Barclay, the incumbent ICC chairman, has been involved in these talks, but the final decision will be made by ICC's primary decision-making body.
Star seeks over $100 million discount on T20 World Cup
As per reports, Star seeking "a discount of over $100 million" from the 2024 T20 World Cup. The broadcaster cites several reasons for this request, including the washout of the high-profile India-Canada match in Florida on June 15. This cancelation resulted in significant losses for Star due to India's fixtures being high-value events. The company has also raised concerns about other aspects of the tournament such as marketing and match timings.
Star raises concerns over low-scoring T20 World Cup games
Star has expressed dissatisfaction with certain low-scoring games, specifically the semi-final between Afghanistan and South Africa on June 26 at Tarouba. Notably, Afghanistan perished just 56 runs in 11.5 overs, leading to a low-octane match. The broadcaster also highlighted the high-profile India-Pakistan match's low scoring nature as a concern.
Run rate as low as 7.09
As per ESPNcricinfo, the overall run rate of the 2024 T20 world Cup was 7.09, the lowest-ever at this tournament. The previous-lowest run rate of 7.43 was record in the 2021 edition held in the UAE.
