Billionaire Sir Leonard Blavatnik injects £630m to prop up Netflix-rival DAZN as losses mount January 26, 2025 Billionaire Sir Leonard Blavatnik has injected a further $827m (£630m) into streaming giant DAZN in a bid to become a major rival to Netflix. The businessman has now invested more than $6.7bn (£5.3bn) in the London-based sports streaming service, according to newly-filed accounts with Companies House. DAZN is owned by Access Industries, a New York-based [...]
Saudi Public Investment Fund nearing $1bn stake in Dazn January 14, 2025 Saudi Arabia’s Public Investment Fund is nearing a $1bn acquisition of a small minority stake in sport streaming platform Dazn. The London-based rights holder, which enjoys relationships with boxing’s Riyadh Season and a number of the top European football leagues, could potentially see its value pushed into the tens of billions after the injection. It [...]
Dazn scores exclusive global broadcast deal for Fifa Club World Cup December 4, 2024 Fifa has confirmed that its relaunched Club World Cup will be broadcast for free around the world on Dazn, the dedicated sports streaming platform. The 32-team tournament will take place in its new form for the first time next summer in the US, where Chelsea and Manchester City will be England’s representatives. Dazn said the [...]
Exclusive: Dazn strengthens Saudi Arabia ties with 6 Kings Slam deal September 25, 2024 The deal is a sign of the growing relationship between the London-headquartered sports streaming service and the kingdom.
Ahead of the Game: ECB threatens to withhold Hundred franchise over Hampshire sale September 25, 2024 Hampshire have been warned they will be blocked from taking control of the Southern Brave if prospective new owners Delhi Capitals do not pay a fair market value for the Hundred franchise. In a significant intervention that could also apply to Yorkshire, who are in takeover talks with Sunrisers Hyderabad, the England and Wales Cricket [...]
Canal+: Meet the Paddington and Back to Black producer set to give the City a boost July 24, 2024 Vincent Bolloré, the French media tycoon, has decided that Canal+, the television business of his Paris-based conglomerate Vivendi would be best off listed on the London Stock Exchange.
Subscription overload: Why people are cancelling Netflix, Dazn and Disney+ April 4, 2024 An overload of choice is one of the main reasons why people might decide to cancel their Netflix, Disney+ or Amazon Prime Video subscriptions.
UK venture capital investment slumps to lowest levels since Brexit vote despite DAZN and Castore deals March 25, 2024 The amount of venture capitalist investment in the UK slumped by 45 per cent in 2023, according to new data.
Dazn hits back at MP plans to close free-to-air sport loophole September 25, 2023 Calls from politicians to stop streaming platforms from bidding to show major sporting events have been slammed as “very narrow-minded and anti-competitive”. Sports streaming giant Dazn, best known for showing high-profile boxing matches, has hit out at recent recommendations by a group of MPs to stop streaming platforms from bidding for “crown jewel” sporting events. Crown jewel [...]
DAZN: Sports broadcaster’s operating LOSSES pass £1bn despite revenue RISING January 12, 2023 Sports broadcaster DAZN suffered an operating loss of $1.3bn (£1.1bn) and record overall losses of $2.3bn (£1.9bn) in 2021 despite growing revenue by almost 80 per cent. The UK-headquartered streaming and subscription service, which is a major player in the US, Japan and Germany, saw income swell to $1.6bn (£1.3bn). But costs also increased by [...]