Announcement

Collapse
No announcement yet.

DAZN preparing for stock market floatation. Open to a major tech company takeover

Collapse
  • Filter
  • Time
  • Show
Clear All
new posts

  • #11
    Some of you just do not understand how big of a bust Dazn has been in america.

    It’s bad. Us in worldwide business community, we are laughing at the missteps they have made.

    Dazn is a bust and a joke worldwide guys.

    Comment


    • #12
      Originally posted by Eff Pandas View Post
      Idk if this is good or bad.

      I'm not loving the fact they doubled their per month price already. When/If DAZN becomes a more legit player in sports content & acquires a more mainstream sport is the options still gonna be $20/mo or $100/yr or will the price be rising again at that point?

      Is that viable to boxing fans if it does? Probably not to alot of fans unless they fully take over boxing by then. Does it make since to w/e mainstream sport(s) they acquire? Maybe but with a lot of sports being free these days & ESPN having a $5/mo option it'll seem like a tough sell.
      If they get rights to other sports league such as say NFL or even a portion of the Sunday Ticket, obviously that changes things. I'm guessing they will start offering different package deals.

      Btw, everyone says cutting cable saves them so much money, but eventually you will be at the same point with so many different streaming networks. Everything will add back up to around the same price point as what you are paying right now or paid before, unless you just settle for boxing....Which will be the LARGE minority.

      Comment


      • #13
        Originally posted by bballchump11 View Post
        I figured they might be looking to sell themselves after the amount of money they've spent. If Disney bought them, they could get a monopoly.
        Are you 'on fries' this week or still flipping burgers?

        It's over for the old American dinosaurs promoting boxing. It wont happen overnight but next few years you will be glad of Dazn. More and better matches, and no collusion between these old boys rigging **** and condoning ducking.

        Comment


        • #14
          Jeff Bezos finna buy up DAZN.

          Amazon Boxing coming in 2020!

          Comment


          • #15
            Originally posted by Fanofreason View Post
            Some of you just do not understand how big of a bust Dazn has been in america.

            It’s bad. Us in worldwide business community, we are laughing at the missteps they have made.

            Dazn is a bust and a joke worldwide guys.
            What happend to GGG signing with PBC? I thought you said it was a done deal.

            https://www.boxingscene.com/forums/s...d.php?t=803633

            Comment


            • #16
              Zero clue what this means lol

              Comment


              • #17
                Originally posted by Eff Pandas View Post
                Idk if this is good or bad.

                I'm not loving the fact they doubled their per month price already. When/If DAZN becomes a more legit player in sports content & acquires a more mainstream sport is the options still gonna be $20/mo or $100/yr or will the price be rising again at that point?

                Is that viable to boxing fans if it does? Probably not to alot of fans unless they fully take over boxing by then. Does it make since to w/e mainstream sport(s) they acquire? Maybe but with a lot of sports being free these days & ESPN having a $5/mo option it'll seem like a tough sell.
                This is definitely a good thing. They are making power moves to expand and buy up even more sports content.


                Netflix of sport' plans heavyweight £3bn float: Mogul Sir Len Blavatnik's streaming giant looks to London listing as it gears up to enter the UK market
                By Jamie Nimmo, Financial Mail On Sunday
                16:59 EDT 13 Apr 2019, updated 05:37 EDT 14 Apr 2019

                Billionaire Warner Music owner Sir Len Blavatnik is plotting a blockbuster London stock market flotation of his broadcasting service, dubbed the ‘Netflix of sport’.

                Hammersmith-based DAZN, which was acquired by Blavatnik’s Access Industries in 2014, is understood to be drawing up options, including a London share sale that would value it at up to £3billion.

                DAZN, formerly known as Perform Group, has become one of the UK’s most valuable technology start-ups and is a darling of London’s technology sector.

                The company is closing in on a separate sale of its Perform Content division, which includes the Opta sports statistics arm and betting businesses.

                Sources said that deal is likely to be a precursor to a potential London listing later this year or next which would raise new cash for growth.

                They said the plans have been discussed internally and were still at an early stage. Other options include a possible flotation in the US, where DAZN has been growing its boxing coverage. A sale to a major technology company would also be considered if a lucrative offer came in.

                DAZN, pronounced ‘da zone’, hopes to shake up the sports broadcasting market by allowing users to pay a Netflix-like subscription to stream sports live or on demand to smart TVs, phones and tablets.

                DAZN has so far steered clear of the UK, which is dominated by Sky and BT, and where TV sports rights command high prices.

                Last year, the company signed a ground-breaking, eight-year deal worth $1billion (£750million) with promoter Eddie Hearn’s Matchroom Boxing, which promotes fighters such as Britain’s Anthony Joshua.

                The world heavyweight champion’s first US fight in June against Jarrell Miller will be streamed on DAZN to its US audience as part of the deal.

                It has the rights to screen all of Joshua’s stateside fights. The matches will be available to British viewers on Sky Sports.

                Juventus football superstar Ronaldo is a brand ambassador for DAZN, which last year also signed boxer Saul ‘Canelo’ Alvarez in a five-year, £278million deal that could be the most lucrative in sporting history.

                DAZN has become one of the UK’s most valuable technology start-ups
                Chief executive Simon Denyer has previously spoken about entering the UK market in the next few years.

                DAZN, which counts former ESPN president John Skipper as executive chairman, has about 3,000 staff in more than 30 countries, but more than half of those are in the UK.

                It opened a new media centre in Leeds in January that will house 350 staff, having already hired more than 750 UK staff in the past 12 months.

                DAZN is currently available in Japan, Germany, Austria, Switzerland, Italy, Spain, Canada and the US. It already screens more Champions League matches than any other broadcaster in Germany. Goal.com, which is part of the group, has 100 million users worldwide.

                Ukrainian-born Blavatnik is one of Britain’s richest men and also owns record label Warner Music, whose London headquarters in Kensington are around the corner from his £200million mansion. Access Industries also controls music streaming service Deezer.

                A London listing would be one of the biggest stock market entries ever for a UK technology start-up. Blavatnik would make several times the £700million he originally paid for Perform Group in 2014.

                Last year, Japanese advertising giant Dentsu bought a 10 per cent stake in the business for £300million, valuing the company at £3billion.

                This valuation includes the Perform Content arm, which – because it is up for sale – would not form part of a flotation, although the company could also retain the proceeds to reinvest them. A flotation would allow DAZN to tap equity markets and give it the financial firepower to continue spending big money on sports rights.
                Last edited by bigdunny1; 04-14-2019, 07:32 PM.

                Comment


                • #18
                  That's what I was expecting DAZN to be bought by a bigger platform like Amazon or Hulu

                  Disney already has ESPN so they would need to compete with that

                  Comment


                  • #19
                    Originally posted by Mammoth View Post
                    Zero clue what this means lol
                    Watch The Social Network, lol

                    Comment


                    • #20
                      Originally posted by 15 Rounds again View Post
                      Are you 'on fries' this week or still flipping burgers?

                      It's over for the old American dinosaurs promoting boxing. It wont happen overnight but next few years you will be glad of Dazn. More and better matches, and no collusion between these old boys rigging **** and condoning ducking.
                      DAZN main event this past weekend was rigged by someone who has been ducking competition ever since winning his title.

                      You were saying?

                      Comment

                      Working...
                      X
                      TOP