Disney's India Arm Set To Rake In Whopping $480M From Cricket World Cup Ads: Report
Portfolio Pulse from Benzinga India Staff
Disney Star, the Indian arm of Walt Disney Co (NYSE:DIS), is projected to earn approximately $480 million in ad revenue from the ICC Men's World Cup 2023, which it holds the media rights for. The company has already secured 24 sponsors and over 500 advertisers for the event, with negotiations for additional sponsorships ongoing. Disney Star's reach includes a TV network with over 700 million viewers and a streaming platform with over 500 million downloads.
October 04, 2023 | 10:41 am
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Disney Star's projected ad revenue from the ICC Men's World Cup 2023 could positively impact Walt Disney Co's financial performance.
The projected ad revenue from the ICC Men's World Cup 2023, which Disney Star holds the media rights for, is significant. This revenue, combined with the company's impressive reach, could positively impact Walt Disney Co's financial performance.
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