Zee Entertainment in talks with FIFA on World Cup broadcast rights in India (updated)
UPDATE 1-Zee Entertainment in talks with FIFA on World Cup broadcast rights in India Adds detail from paragraph 1
May 26 (Reuters) - India's Zee Entertainment ZEE.NS is in talks with FIFA to stream and broadcast the 2026 World Cup in the country, the company said in a statement on Tuesday.
The announcement, which provided no financial details, comes as talks between a Reliance-Disney joint venture and the football body are at a deadlock, just weeks before the tournament kicks off on June 11.
FIFA, which had initially sought $100 million for broadcast rights for the 2026 and 2030 World Cups in India, was last looking for no less than about $60 million, Reuters had reported.
The expected amount still far exceeds the $20 million offered by Reliance-Disney, led by billionaire Mukesh Ambani's Reliance RELI.NS.
Sony 6758.T also held talks but decided not to make an offer for FIFA rights for India.
FIFA has concluded agreements with broadcasters in more than 180 territories globally, it said previously.
Zee Entertainment disclosed its talks with FIFA as part of its launch of Unite8 Sports, a dedicated portfolio of sports channels to strengthen its sports offerings to consumers.
India accounted for 2.9% of the global linear TV reach of the World Cup in 2022.
(Reporting by Abhirami G in Bengaluru
Editing by David Goodman and Tomasz Janowski)
((abhirami.g@thomsonreuters.com))
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