JioStar, ICC jointly refute reports of media rights disagreement in India; ‘existing agreement remains fully in force’
The International Cricket Council (ICC) and JioStar jointly on Friday refuted reports of media rights disagreement in India, stating them “incorrect”. The development came after several media reports read that Reliance Industries-controlled JioStar is pulling out of their four-year media rights deal with the ICC midway due to financial losses.
“The International Cricket Council (ICC) and JioStar have noted recent media reports concerning the status of the ICC’s media rights agreement in India,” JioStar and ICC jointly said in a statement. “These reports do not reflect the position of either organisation.
“The existing agreement between the ICC and JioStar remains fully in force, and JioStar continues as the ICC’s official media rights partner in India. Any suggestion that JioStar has withdrawn from the agreement is incorrect,” the statement further added.
