dazn debt shrunk by 93% in 2018...

Doesn't really matter to me since they didn't do much boxing programming in 2018 but I saw something interesting on Reditt; WillieLee • 1d The key number they left out is that they have lost $1.4 billion in the last two years. The "reduced debt" is a bit of a goof because the debt was to itself and they just exchanged the financing they got from outside companies into changing the debt into shares. patospower • 1d Another key number which was in the article but left out by OP is the 6bil in commitments over the next 5 years.

do you see how fast they are growing? They launched in late 2016 they haven't even been around 3 years yet and has basically doubled in revenue at a pace of about every 6 months. In such a short time already received 277M in revenue in 1 year. Their goal isn't to keep that at 277M they just launched in 3 more countries since Jan and many of their huge sports rights they already own in these countries haven't even started airing yet. Their room for growth is through the roof based content they already own and new markets they already launched in. They growing at break neck pace. Right...because fast growth in early years always means fast growth throughout the business cycle. Growth never plateaus, right? No one is saying there isn't room for growth...and even so, businesses with room for growth fail all the time. Room for growth doesn't guarantee success. Not saying DAZN is a failure or a success...just saying the jury is still out, particularly in the US. The US sports media market is unique in terms of size, scope and barriers to entry. Discovery in particular has been both aggressive and successful in streaming distribution of sports content outside the U.S., but they're hands off inside the U.S. because of the many challenges. Success in sports streaming outside the US hardly guarantees success in the US, particularly when the entry into the US market is based on niche combat sports and non-exclusive baseball highlights. Would be just as stupid to deem $6 billion in unfunded future commitments a sure failure as it would be to celebrate reduced debt as proof of a sound business model.

For those that keep saying the 277M or whatever it is in revenue that won't cover that? I mean they are going to have losses in the early going, that part should be expected. No one said they would be have a profit in year two or three of the operation. DAZN has some smart people running the show. They know what they are doing. Getting the debt to shrink this low is awesome.

Right...and they won't keep spending either. No more additional commitments beyond the $6 billion they have already made. $277 revenue won't cover that. Especially since we're talking about revenue and not profit. You still don't get it. how can they get it?? via GIPHY

LOL.... Same articles said DAZN had $277 million in revenue in 2018 and has $6.1 BILLION in existing financial commitments over the next 5 years. Tell me how those numbers add up.do you see how fast they are growing? They launched in late 2016 they haven't even been around 3 years yet and has basically doubled in revenue at a pace of about every 6 months. In such a short time already received 277M in revenue in 1 year. Their goal isn't to keep that at 277M they just launched in 3 more countries since Jan and many of their huge sports rights they already own in these countries haven't even started airing yet. Their room for growth is through the roof based content they already own and new markets they already launched in. They growing at break neck pace.

Right...and they won't keep spending either. No more additional commitments beyond the $6 billion they have already made. You still don't get it.

Uh, because they will also be bringing in revenue in the next 5 years.... Do you understand how dumb you sound? Right...and they won't keep spending either. No more additional commitments beyond the $6 billion they have already made.

$277 revenue won't cover that. Especially since we're talking about revenue and not profit. Yes they will only bring in exactly 277 million each year for the next 5 years. Zero growth whatsoever.

Uh, because they will also be bringing in revenue in the next 5 years.... Do you understand how dumb you sound? $277 revenue won't cover that. Especially since we're talking about revenue and not profit.

LOL.... Same articles said DAZN had $277 million in revenue in 2018 and has $6.1 BILLION in existing financial commitments over the next 5 years. Tell me how those numbers add up. Uh, because they will also be bringing in revenue in the next 5 years.... Do you understand how dumb you sound?

LOL.... Same articles said DAZN had $277 million in revenue in 2018 and has $6.1 BILLION in existing financial commitments over the next 5 years. Tell me how those numbers add up.

And we're almost halfway through 2019. I'm sure that debt has grown again.

250 a month... do you really need all of that? Stop wasting your money ffs. You know he's trolling, right?

I don’t believe this because I pay for HBO, Hulu, ESPN+, UFC Fight Pass, Showtime, and my cable bill is about $250 a month and I spend $80 on fast food each week during lunchtime and DAZN doesn’t have movies like Troll 2 250 a month... do you really need all of that? Stop wasting your money ffs.

Hope they make it.

SUPERnelo saving Dazn from going bankrupt

DAZN is doing big things!