Zee Entertainment Share: Will It Be the Official Streaming Partner for the FIFA World Cup 2026?

Synopsis: shares of this media company surged 12.2 percent after reports of FIFA World Cup 2026 broadcast rights talks amid competitive bidding.

The share of this company, which is mainly in the following businesses: Broadcasting of Satellite Television Channels, Space Selling agent for other satellite television channels, and the sale of Media Content, gained traction after its talk for the FIFA broadcast rights

With a market capitalization of Rs 8,783 crore, Zee Entertainment Enterprises Ltd’s share on Wednesday made a day high of Rs 93 per share, up by 12.2 percent from its previous day’s close price of Rs 82.87 per share. The share of the company gave a negative return of 28 percent over the last year.

What Happened

Zee Entertainment Enterprises Limited has confirmed that it is in discussions with FIFA to acquire the broadcasting and streaming rights for the 2026 World Cup in India. This development comes at a time when negotiations between FIFA and a Reliance-Disney joint venture have reportedly stalled ahead of the tournament scheduled to begin on June 11.

FIFA is said to be seeking around $60 to 100 million for India’s broadcast rights covering the 2026 and 2030 World Cups. This is significantly higher than the approximately $20 million offer made by the Reliance-Disney joint venture. Meanwhile, Sony, which had also explored the opportunity earlier, has decided not to participate in the bidding process.

Zee stated that these discussions are aligned with its broader strategy to expand its sports broadcasting footprint. The company is preparing to launch “Unite8 Sports,” a dedicated sports channel portfolio aimed at strengthening its presence in the sports media segment and scaling its content offerings in live sporting events.

About the Company 

Zee Entertainment Enterprises Limited (ZEEL) is one of India’s largest media and entertainment conglomerates. Headquartered in Mumbai, Maharashtra, it was founded in 1982 by Subhash Chandra under the Essel Group. It famously pioneered private satellite television in India by launching Zee TV in October 1992, breaking the state-run Doordarshan monopoly.

Financial Highlight: The revenue from operations decreased by 7 percent to Rs 2,025 crore in Q4 FY26 from Rs 2,184 crore in Q4 FY25. Operating EBIDT turned negative, shifting to a loss of Rs 255 crore in Q4 FY26 from a profit of Rs 298 crore in Q4 FY25. This downturn was accompanied by a net loss of Rs 104 crore in Q4 FY26 compared to a net profit of Rs 188 crore in Q4 FY25, resulting in a negative EPS of Rs -1.08 per share in Q4 FY26 compared to Rs 1.96 per share in Q4 FY25. 

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