The ICC and JioStar have moved quickly to shut down talk of their Indian media rights deal falling apart. Both organisations released a strong joint statement making it clear that their $3 billion agreement is still fully in place and that there are no plans to walk away.

What the reports claimed

Earlier this week, a report in The Economic Times suggested that JioStar – controlled by Reliance Industries – had formally told the ICC that it could not fulfil the remaining two years of their media rights contract. According to those claims, this would have meant JioStar pulling out as the official broadcaster for major upcoming events, including the ICC T20 World Cup 2026, which is scheduled to be held in India and Sri Lanka.

The report also hinted that financial losses being faced by the platform could be behind the decision to exit the deal early. This created a lot of confusion and worry among fans, advertisers, and other stakeholders who depend on clarity around broadcast rights for planning and commercial deals.

ICC and JioStar’s joint denial

Both the ICC and JioStar issued a joint statement on December 12, 2025, saying that the reports are not correct and do not reflect the position of either organisation. They confirmed that the existing media rights agreement between the two remains fully in force, and that JioStar continues as the ICC’s official media rights partner in India.

The statement made it very clear: “Any suggestion that JioStar has withdrawn from the agreement is incorrect.” They also stressed that JioStar is “fully committed to honour its contractual obligations in letter and spirit,” meaning there is no backing out or renegotiation happening.

What the deal covers

The ICC and JioStar media rights deal is worth around $3 billion and covers a four-year period. It gives JioStar exclusive broadcasting and streaming rights for all ICC events in India, which is the biggest and most valuable cricket market in the world. This includes major tournaments like the T20 World Cup, ODI World Cup, Champions Trophy, and other ICC competitions featuring men’s and women’s teams.

The next big event under this deal is the ICC Men’s T20 World Cup 2026, one of the sport’s most watched global tournaments. The joint statement confirmed that preparations for this event and other upcoming ICC tournaments are “progressing exactly as planned” and that there is “no impact on viewers, advertisers, or industry partners.”

Regular talks between ICC and JioStar

The statement also mentioned that the ICC and JioStar, as long-term commercial partners, maintain regular communication on operational, commercial, and strategic matters. These talks focus on how the partnership can help grow the sport further in India, which remains the most important market for global cricket.

This kind of regular dialogue is normal in big broadcasting deals, especially when adjustments or coordination are needed around scheduling, coverage plans, or technology upgrades. The statement made it clear that these discussions are part of normal business and should not be mistaken for trouble or exit negotiations.