Key Points
. Star has also sought costs, expenses and applicable interest until full payment...
In March this year, Star had moved the London Court of International Arbitration after Zee failed to comply with an Aug 26, 2022 agreement, under which it was to license the television broadcasting rights for. ICC tournaments. to the latter for four years, that is from 2024 to 2027...
Six months later in Sept, Star terminated the agreement with Zee and quantified the damages at $940 million as of Aug 31, along with other charges..
