India's Zee rises on talks with FIFA on World Cup broadcast rights

Zee Entertainment Enterprises

27/05/2026 06:33

** Shares of Zee Entertainment ZEE.NS rise as much as 2.4% to 84.75 rupees 
** Broadcaster said its in talks with FIFA to stream and broadcast the 2026 World Cup in the country
** The announcement, which provided no financial details, comes as talks between a Reliance RELI.NS-Disney DIS.N joint venture and the football body are at a deadlock, just weeks before the tournament kicks off on June 11
** ZEE disclosed its talks as part of its launch of Unite8 Sports, a dedicated portfolio of sports channels to strengthen its sports offerings to consumers
** Thirteen analysts have a "hold" rating on avg on the shares; median PT is 109.5 rupees - data compiled by LSEG
** YTD, down ~7%

 (Reporting by Urvi Dugar in Bengaluru)
 ((UrviManoj.Dugar@thomsonreuters.com;))