'Netflix of Sport' Dazn mulls multibillion-pound listing
3 years, 5 months ago

'Netflix of Sport' Dazn mulls multibillion-pound listing

The Telegraph  

Dazn, the sports streaming app lavishly funded by the billionaire Sir Leonard Blavatnik, is targeting a stock market debut within months to help fund further expansion. The British company, which has spent billions of pounds of Sir Leonard’s fortune buying up football rights around the world, aims to list in autumn if market conditions allow, according to City sources. The company lays claim to be the largest sports streaming platform in the world and holds the TV rights to the English Premier League across a number of overseas territories. It has been viewed as the keenest bidder for the business as BT attempts to reduce its exposure to the volatile sports rights market and focus its investments on its broadband and mobile phone businesses.

Sport Rights Dazn  league  multibillionpound  market  mulls  streaming  listing  netflix  sky  company  dazn  world  sport  television  rights  bt

History of this topic

‘It will come under one umbrella, like Coca-Cola’: Inside CVC’s vision for growing rugby
11 months, 1 week ago

‘It will come under one umbrella, like Coca-Cola’: Inside CVC’s vision for growing rugby

The Telegraph  

The prospect of losing any part of the Six Nations from free-to-air television is an emotive subject that tends to get MPs pontificating in Parliament, but unless it is added to the list of ‘Crown Jewels’ events that have to be shown on terrestrial then there is little to stop market forces from determining the direction of travel. “The way …

Serie A Broadcaster DAZN Under Scrutiny After Disastrous Opening Weekend Coverage
2 years, 4 months ago

Serie A Broadcaster DAZN Under Scrutiny After Disastrous Opening Weekend Coverage

News 18  

Streaming television platform DAZN was criticised by the Italian government on Monday after technical problems caused subscribers to miss chunks of the opening weekend of the Serie A football season. On Monday Italy’s sports undersecretary Valentina Vezzali said on Twitter that she would head an “urgent meeting" with Serie A, the country’s economy ministry and communication industry regulator AGCOM “given …

Britain’s richest man bankrolls $3.7bn losses for sports streaming venture Dazn
2 years, 10 months ago

Britain’s richest man bankrolls $3.7bn losses for sports streaming venture Dazn

The Telegraph  

An attempt by Britain’s richest man, Sir Leonard Blavatnik, to conquer the sports TV market has racked up another year of heavy losses to reach an accumulated deficit of more than $3.7bn. In delayed accounts filed at Companies House, the streaming operator Dazn reported a pre-tax loss of $1.3bn for 2020 as the pandemic tore up sporting schedules around the …

Discovery muscles in on sale of BT Sport
3 years ago

Discovery muscles in on sale of BT Sport

The Telegraph  

The US media powerhouse Discovery is attempting to gatecrash BT’s sale of its sports broadcasting arm and derail months of talks with Dazn, the streaming challenger bankrolled by the billionaire Sir Leonard Blavatnik. As talks between BT and Dazn towards a £600m sale of BT Sport have become bogged down by wrangling over commercial details, City sources said Discovery has …

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