Blavatnik investment in Dazn tops $7bn despite Surj stake sale Sport Business Billionaire Sir Leonard Blavatnik has now invested more than $7bn into sports streaming platform Dazn, having injected an extra $600m in 2024. While revenues increased by more than $300m to over $3bn and losses narrowed from $1.4bn to $936m, according to the accounts filed with Companies House for the year ending 31 December 2024, the [...]
Dazn’s French football row ‘a warning signal’ for other leagues Sport Business European football leagues have been warned off selling their media rights to sports streaming platform Dazn by credit rating agency Morningstar DBRS. It comes amid a legal row between Dazn and French football chiefs over the rights to Ligue 1 due to lower than expected take-up of its subscriptions from consumers. Morningstar DBRS said partnering [...]
Saudi Arabia’s Surj Sports Investment confirms stake in Dazn Sport Business Saudi Arabia’s Surj Sports Investment has confirmed that it has taken a minority stake in streaming platform Dazn and entered into a joint venture aimed at showing more events taking place in the kingdom. The announcement confirms long-running rumours of Saudi investment in Dazn and despite the country’s Public Investment Fund (PIF), of which Surj [...]
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 [...]
