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Zee scores a big goal with FIFA World Cup broadcast rights for India in the bag

FIFA has struck a deal with Zee Entertainment to broadcast the 2026 World Cup football in the country. Financial terms of the deal have not been disclosed.
The transaction ends a months-long standoff over ​the tournament’s availability in one of the last major markets where ​the telecast rights had remained unsold.
FIFA had initially ⁠sought about $100 million for the India package covering the 2026 and 2030 World​ Cups before slashing its asking price to $60 million, the Reuters had previously reported.
The deal gives Zee ​a toehold in India’s sports broadcast market, where Reliance-Disney joint venture JioStar holds rights ranging from the Indian Premier League (IPL) cricket tournament to the English Premier League.
The agreement comes ​just 10 days before the tournament kicks off on June 11 across the ​US, Canada and Mexico.
Shares of Zee were around 7 per cent higher on Monday after ‌the ⁠announcement.
Most of this ​year’s matches ⁠will be screened late at night in India due to the time difference, something that has dampened broadcasters’ appetite and complicated FIFA’s sales efforts.
Monday’s deal covers 39 ⁠FIFA events ​over eight years through 2034, also including ​the Women’s World Cup in 2027, according to a joint statement from FIFA and Zee.
Billionaire Mukesh Ambani’s JioStar, which had aired the 2022 World Cup through its predecessor Viacom18, had offered about $20 million for the rights but was rejected by FIFA, the Reuters had previously reported.
Sony, which had held the rights for the 2014 ​and 2018 tournaments, held ​discussions but did ⁠not bid.
Viacom18 had paid about $60 million for the rights to the 2022 World Cup, which was hosted in Qatar in time ​zones far more favourable for Indian audiences.

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