JioStar Terminates Bangladesh IPL Deal Over Partner Compliance, Payment Dispute
JioStar, the joint venture of Reliance Industries and Disney's India business, has terminated its broadcast agreement for the Indian Premier League (IPL) in Bangladesh. According to a letter cited by Reuters, the cancellation is due to a dispute with its local partner concerning contractual compliance and payments. The termination halts official IPL telecasts in the country and occurs amid what the article describes as rising tensions around cross-border media rights in the region.
Key Takeaways
- The termination was triggered by a dispute with JioStar's local partner in Bangladesh over compliance and payment issues.
- The cancellation halts official Indian Premier League (IPL) telecasts in the country while the current season is already in progress.
- JioStar is a joint venture between Reliance Industries and Disney’s India business which holds major IPL rights in India.
- This action occurs amid what the source describes as rising regional tensions over cross-border media rights and a past, briefly-applied ban on IPL broadcasts in Bangladesh.
Why It Matters
This cancellation creates a media rights void in a key cricket-following market, Bangladesh, mid-season. For the Reliance-Disney JV, it highlights the operational and compliance risks in executing cross-border sports licensing deals, even after its aggressive consolidation of more lucrative IPL rights in India. The immediate uncertainty is how, or if, official IPL content will reach Bangladeshi viewers for the remainder of the current season, a situation noted in the source article.
Read full article at msn.com
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