Is DAZN making any money?

Non-North America regions are probably profitable or most of them. 4.2 Billion cash infusion and debt consolidation is all you need to know about North America

You Sir understand modern economics Green K inc.... Thanks, I think it’s important for us folk to learn how these things work. I think too many people don’t comprehend they can start a business with as little $500, generate sales and start borrowing against the business, establish credit via your own and then switch it to your EIN number. Once the credit is established to your EIN you can borrow around a quarter million if you sit down and create a business plan that accounts for losses but has a sell by date, a round raise date, or a burn rate that’s reasonable within a years time of the loan coming due. Same shh with real estate too, just have to be smart with managing resources and your investment into growth. I helped a friend start a taco truck business, he had 11k and change, the truck was 5 at auction, got him to lease the equipment, take some of the food on consignment and build his credit line that way, dude is up to five trucks going on his sixth and trying to franchise and it’s all family run. He still hasn’t fully earned back his investment but because he’s got cash flow for the business on the daily they keep expanding his loan. If he can franchise one license pays for it all. Which is sick, I personally don’t have much faith in the food industry so I won’t go into it myself besides putting money into a bakery for a guy who cupcake wars..that was a good investment.

Indeed, you can keep getting investor money to keep you afloat as long as your share of the market keeps growing, and every one of these businesses has a point where the bleeding will end once they are dominant enough in their stake of that market. You Sir understand modern economics Green K inc....

You mean Kind of like how Amazon was for its first 15 years of its existence? Only started turning a profit when AWS (Amazon web services) got its FED contracts. Indeed, you can keep getting investor money to keep you afloat as long as your share of the market keeps growing, and every one of these businesses has a point where the bleeding will end once they are dominant enough in their stake of that market.

I think DAZN execs have learned from their first months in business and have made some changes to continue to grow. They seem to be trying to reach out to the markets on the East Coast they kind of neglected. They look to have corrected the problem with the glitches of the service when they have a large number of viewers. It appears they are profitable outside of America. They are now actively looking to make a deal with a major American sport so they can go to the next level. Once they reach the next level I don't know if they will continue to invest in boxing because they will need resources for support programming.

Look at Roman Abramovic in football. He came in as a Rusian oligarch, playing fantasy football through Chelsea FC, spending money as he wanted. He isnt as wealthy as Blavatnik, yet it was no problem for him because Chelsea were meant to be his hobby. He spent well over £1billion on Chelsea in that time. He stopped spending big when he lost money in the stock market dip 11 years back..but he made more money on the recovery. The arabs also made big money on the recovery buying stocks cheap, then got into football (abu dhabi got Manchester City and Qataris got PSG) at which point Abramovic couldnt compete. Furthermore, due to Britain's strained relationship with Russia, Roman Abramovich couldnt get a british passport and now lives in Israel, so he's not spending on Chelsea, but they're a profitable club all the same. Dazn don't need to spend big money beyond their original commitments eg the Matchroom 8 yr deal and any deals they have with canelo/ggg. Aside from all that, the owners of dazn are primarily in the sports betting/data monetisation business. The broadcasting side is only as a consequence of their original business (perform group/opta sports) because they get to own the data outright. I imagine there's way more money in the sports betting industry. They entered boxing in the US only when sports betting was legalised, which ought to tell you where they intend to profit from. However, boxing has so much potential for global growth..the idea of reaching the middle classes in east asia, the middle east, eastern europe is totally feasible if the prices are reasonable. Those markets are so damn big, esp when people are increasingly ditching regular tv/cable for streaming. We've seen just how big these other markets are for the success of most social media platforms and other apps. eg tik tok, bigo, those type of apps are huge. imagine dazn got 10m global subs? That's $1b a yr!! imagine they start introducing targeted ads and again monetising subscriber's data. espn have around 86m subs in the US alone. plus, i dont know how much money circulates in betting on a single fight card..but since sports betting has only just become legal in the US, it has huge huge growth potential here. It is a long way off from the far east in numbers. Put into context, they only need to fix the odd fight and take their % from the betting companies they work with, to make a killing on the side. clever bastards. They sold off the sports betting part to cash flow Dazn. Yea they are screwed.

No they're not making any money with the lavish spending they're doing. How do you even count it if they do? That's why it's so stupid to ask for percentage split because there's no PPV to split up in the first place. DAZN don't even have a clue how much the value of a fight is. They just spend, spend, spend. Yet some morons here suggest they do and have to offer double, triple.

Some business models are loss leaders to create market share, you can be worth billions without making a dime profit just because of the chunk of the market you hold. Dazn is one of those businesses that accounted for losing money upfront to get it on the backend You mean Kind of like how Amazon was for its first 15 years of its existence? Only started turning a profit when AWS (Amazon web services) got its FED contracts.

Obviously not

you fools are weird. Why would I care if dazn fails or not, im just speaking the truth. I didnt fully read everything you wrote and heres why, cause you a troll type of poster, you have a read bar, I skimmed what you wrote and everything was false that I skimmed (see how I disprove everything in my previous reply) so why waste my time reading the rest. Same reason you wasted your time replying with two paragraphs weirdo:dunce:

and all that doesnt mean **** lmfao. espn cancelled their free trial are they failing? lmfao. streams being unrealiable sounds more like user error I never had a issue. netflix isnt profitable and it not projected to be till 10 years down the road. You think these company jump in and throw billions around with a 1-2 year plan lmfao. This has nothing to do with Canelo. I know that’s the only reason you’re a DAZN fa. ”espn cancelled their free trial are they failing?“ You named one out of four things I listed lol. Did you read what I wrote? I said they will be in business for a long time but they won’t be in the boxing business for a long time. Not too hard to understand.

DAZN will be around for a long time but they won’t be in boxing for 10yrs. Their quality is the worst of the networks (Sho Fox ESPN) and streaming is unreliable. They needed help funding the acquisition of live sport rights which is why they sold off some of their assets. They’ve already raised the price, canceled the free trial, discussed ppvs, and vowed to stop the big spending. Everything totally opposite of their original marketing strategy. When you do a 180 that quick it’s obvious your business model isn’t working. The writing is on the wall it’s obvious they aren’t profiting off boxing which is one reason they never release any of their numbers. Canelo recent fight had many empty seats and only sold 10k tickets which is embarrassing. DAZN boxing doesn’t know what they’re doing; they need to steal Espinoza from Showtime tbh.

I was saying they were losing money a year ago and there is no way they could afford the payouts they were making to these fighters. People here told me I didnt understand their business model. just lol. Now most everyone has seen the light.

Ruiz vs AJ II is obviously massive. Makes you wonder if the first fight was a dive by AJ. Certainly looked like it and it made business sense to set up this huge rematch. $98m in purses for the two combatants means DAZN and Hearn are making multi millions too, maybe more.i been saying that from the beginning.joshua took a huge dive.not just business wise but to protect himself from deontay as long as possible to gain more experience.because they know once deontay gets them belts it would be tough for them to get it back without juicing up to the gills

Look at Roman Abramovic in football. He came in as a Rusian oligarch, playing fantasy football through Chelsea FC, spending money as he wanted. He isnt as wealthy as Blavatnik, yet it was no problem for him because Chelsea were meant to be his hobby. He spent well over £1billion on Chelsea in that time. He stopped spending big when he lost money in the stock market dip 11 years back..but he made more money on the recovery. The arabs also made big money on the recovery buying stocks cheap, then got into football (abu dhabi got Manchester City and Qataris got PSG) at which point Abramovic couldnt compete. Furthermore, due to Britain's strained relationship with Russia, Roman Abramovich couldnt get a british passport and now lives in Israel, so he's not spending on Chelsea, but they're a profitable club all the same. Dazn don't need to spend big money beyond their original commitments eg the Matchroom 8 yr deal and any deals they have with canelo/ggg. Aside from all that, the owners of dazn are primarily in the sports betting/data monetisation business. The broadcasting side is only as a consequence of their original business (perform group/opta sports) because they get to own the data outright. I imagine there's way more money in the sports betting industry. They entered boxing in the US only when sports betting was legalised, which ought to tell you where they intend to profit from. However, boxing has so much potential for global growth..the idea of reaching the middle classes in east asia, the middle east, eastern europe is totally feasible if the prices are reasonable. Those markets are so damn big, esp when people are increasingly ditching regular tv/cable for streaming. We've seen just how big these other markets are for the success of most social media platforms and other apps. eg tik tok, bigo, those type of apps are huge. imagine dazn got 10m global subs? That's $1b a yr!! imagine they start introducing targeted ads and again monetising subscriber's data. espn have around 86m subs in the US alone. plus, i dont know how much money circulates in betting on a single fight card..but since sports betting has only just become legal in the US, it has huge huge growth potential here. It is a long way off from the far east in numbers. Put into context, they only need to fix the odd fight and take their % from the betting companies they work with, to make a killing on the side. clever bastards.

Absolutely not. Not yet. It will take a lot for them to become profitable with the amount they're spending. Their hope is that the thing takes off and they make money in a couple years. That's normal for business.

Some business models are loss leaders to create market share, you can be worth billions without making a dime profit just because of the chunk of the market you hold. Dazn is one of those businesses that accounted for losing money upfront to get it on the backend