Comments Thread For: DAZN Group Nears Deal To Help Fund Future Acquisitions

[bballchump11]

I never mentioned PBC.

The thread title wasn't in response to anything you said.

[killakali]

The article says they're selling off a property to raise money for another property. They're hemmorghing money.

You honestly can't believe they're anywhere near making a profit. They've added commercials & doubled the price in less than a year. Now they're selling off a property to raise money.

The writing is on the wall.. This is Fyre Fest 2.0

they actually lowered the price fam. I’m gonna pay 8.33 a month. You should too. Hell of a deal.

Speaking of profits when is PBC gonna turn a profit? They been at it longer than DAZN ?

Is Waddell and Reed paid back yet?

[kafkod]

Now we comparing DAZN to a startup minor league football league? lol DAZN is owned by a billionaire and already successful on other countries been around for years, has millions of subscribers and they are in so much trouble that they now launching in Brazil and Spain? AAF like every minor league football league folded weeks after they played games because they couldn't get any investors DAZN isn't asking for investors and are actually expanding. AAF had enough money to start and figured the NFL or some big money investors would see the league like it and buy it or invest in it. There is literally nothing in common with DAZN almost as bad as you seeing any article mentioning DAZN and lying saying that they are hemorrhaging money when nowhere in the article does it say that or suggest that

I've never heard of AFF before, but I just read here that somebody aquired control of them with a $250million cash injection, which is $100million less than the contract DAZN signed Canelo on. So yes, that seems like a very dumb comparison to me.

[Motorcity Cobra]

Perform is pretty big, isn't it? I'm kinda surprised by this.



^This. It seems like someone at the top got in someone else's ear and got them really pumped about boxing. Because what they're doing is not sustainable as a business. Not everyone can take the Amazon approach to streaming and dump hundreds of millions knowing they'll get it back over time.

If I was them I'd cut the boxing program and just go all in on trying to secure the rights major American sports leagues.

There's not that many paying customers willing to watch boxing in the USA to justify the money they're handing out. Also consider that they don't have many appealing American fighters leading that roster. Jacobs, Boo Boo, Prograis(For as long as the WBSS lasts), Vargas, and a couple prospects in Haney and Garcia. American's want to watch American fighters and this won't rock the boat for anyone that's not a hardcore.

The only path to profitability. NFL Sunday ticket rights are about to be up for grabs. But you also have Netflix, Amazon, & Disney bidding. All are cheaper than DAZN. All have more subscribers. All have better infrastructure.

[Motorcity Cobra]

You didn't have to be a business genius to realize that HBO was going to pull out of boxing, that was obvious from a mile away. And it was also easy to see that once the UFC left FOX that FOX had a big hole to fill. Naturally FOX offered PBC a deal to fill that hole.

Well the idiot below me didn't. And plenty others. Maybe you wasn't around in 2015.

Stop deflecting and tell me where in this article does it say DAZN is hemorrhaging money? You could of made a shytty thread with your predictions on what will happen but you lied about what the article is saying. If DAZN succeeds or fails who knows but this article doesn't say it's failing, doesn't say they are hemorrhaging money. This is troll click bait misleading thread title BS and you know it.

You said HBO would be around and PBC would fail. Spent 2 years saying it. I'm 2-0. You're 0-2. Why would anybody listen to you?

[bigdunny1]

"DAZN outgrows its parent company" would have been a more accurate headline.

Bingo. That's what any sane person would of gotten from the article. The author of the article he posted isnt stating what dumb azzz motorcity is saying. I found a more in depth article.

Blavatnik’s DAZN in talks to sell stats business to Vista

April 2, 2019 4:52 pm by Murad Ahmed in London, James Fontanella-Khan in New York

DAZN Group, the sports media company owned by billionaire Len Blavatnik, is in late stage talks to sell its Perform content business to Vista Equity Partners, seeking to focus instead on building its internet streaming platform dubbed the “Netflix of sports.”

Mr Blavantnik’s Access Industries fully acquired UK-based Perform Group in 2014, an umbrella organisation for a number of businesses, including sports betting services and the Opta statistics group.

Last year, Perform group was rebranded as DAZN group, named after another one of its offshoots — the DAZN sports streaming service. In recent years, it has spent hundreds of millions of dollars to acquire broadcast rights to elite boxing bouts in the United States and other valuable sports content, including Serie A league football matches in Italy.

On Tuesday, DAZN Group confirmed it is in talks to sell its Perform content businesses which includes Opta.

A person with knowledge of the negotiations said the potential buyer is Vista, a US fund which currently owns STATS, a rival sports statistics group. But the person added a deal had not been completed.

In a statement, DAZN Group said that following a previously announced strategic review, it is “engaged in discussions with a potential buyer of Perform. Discussions of this matter are ongoing and a further announcement will be made if and when appropriate.”

Bloomberg first reported news of the talks.

Perform was listed in the UK in 2011 but taken private by Access in 2014 for £702m. The group recently hit a £3bn valuation when it sold a 10 per cent stake to Dentsu, the Japanese advertising group, for £300m, in a deal that made it the UK’s most valuable technology start-up.

The move will allow DAZN Group to focus entirely on its rapidly expanding streaming service.

Last May, the company struck an eight-year, $1bn deal with Eddie Hearn’s Matchroom Boxing, which represents the world heavyweight champion Anthony Joshua, to stream a series of fights on its US subscription service.

In October, it also made a $365m deal with boxer Saul “Canelo” Alvarez to screen his next 11 fights, in one of the largest commercial deals for a single athlete in sporting history.

Last year, DAZN Group paid €600m to screen top- tier Italian football matches in Italy over a three-year contract.

The sports streaming service is more firmly established in markets such as Japan, Germany and Canada, but has been buying up rights around the world to support expansion plans.

Vista declined to comment.

[Redd Foxx]

The only path to profitability. NFL Sunday ticket rights are about to be up for grabs. But you also have Netflix, Amazon, & Disney bidding. All are cheaper than DAZN. All have more subscribers. All have better infrastructure.

I just don't get why DAZN dumped all this money into BOXING. It was exciting at first, then you give it 2 seconds of thought and realize, "This isn't going to work".

I reserved judgement for a while but the fights have been uncompelling and I'm not seeing anything that shows where all the money is going compared to what the competition is doing. Seems like the others are urning out the same *meh* content and spending less doing it.

[Motorcity Cobra]

they actually lowered the price fam. I’m gonna pay 8.33 a month. You should too. Hell of a deal.

Speaking of profits when is PBC gonna turn a profit? They been at it longer than DAZN ?

Is Waddell and Reed paid back yet?

Most boxing fans stream because they can't afford a $75 PPV. Or invite friends over to split the cost. You really think boxing fans got $100 laying around to spend

[Thraxox]

And no doubt millions more in Germany and Italy now they've aquired the rights to screen just about every top class football game in Europe in those 2 countries.

What these PBC/Haymon fanatics don't realise is that DAZN don't need millions of US subscribers to make a fortune from US boxing. Even if Americans don't want to watch boxing any more, the rest of the world does. Hundreds of millions of fans around the globe once tuned in to watch big US fights live and DAZN are trying to recreate those glory days.

I'm willing them to succeed and hoping they will be in the UK after 2021 when the Premier League broadcasting rights go up for sale.

If that is true then possible DAZN could possible have 20+million in subscription, in the combination of those two countries.

That I'm assuming if DAZN have an exclusivity to those rights.

[_Maxi]

Motorcity Cobra just trolling. Don't bite, he's salty.