Disney Star has paid around $3.04 billion for the ICC rights.
This agreement allows Zee to be the exclusive television rights holder for ICC men's events.
Disney Star also owned the last set of ICC rights worth approximately $2.1 billion.
International cricket is due to be played by the 12 full members between May 2023 and April 2027.
Anand Rathi Advisors recently released a report on the Indian sports industry's potential.