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Star incurs an operating loss of $314 million from sports due to T20 World Cup
Star India reported a 45% increase in sports operating losses to $314 million for the June quarter, mainly due to the ICC Men's T20 World Cup 2024's production costs. Revenues rose marginally by 1% to $279 million. Disney noted a profitable quarter for their combined streaming services, ahead of...
m.economictimes.com