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Len Blavatnik pulls personal funding for DAZN. Seeks $500 mil from investors

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  • #31
    They should hit up Softbank they are always looking for sh--- deals to get into.

    Wow at the 100 million a year for the MLB wrap around. Anyone that cares enough about MLB to pay for a streaming service to get it is just going to have the MLB streaming package.

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    • #32
      Originally posted by Koba-Grozny View Post
      Interesting article, but where does it say that Blavatnik has pulled his personal funding? Not that it matters, but the closest it comes is saying:


      (my emphasis)

      Which is not the same thing and makes no bones about being speculative anyway. Basically all it's saying is that he's seeking more investment... in fact the interpretation of the author is that they want to use the money to expand, which is somewhat strange given the tacit implication of your entirely misleading headline.

      Have I missed something or were you trying to add a personal slant to 'assist' folk in their interpretation of the article?
      Originally posted by sicko View Post
      Yeah I read the Article, yeah never said anything about him "Pulling His Funds" that is true, however adding more investors can't hurt. It can help not only expand but also help them get the rights to more popular programming than Boxing
      Originally posted by rolshans View Post
      Interesting article, fake news title
      Originally posted by mathed View Post
      Lies and deceit.......be all a shill can be
      Since you didn't want to believe me maybe you'll believe bigpoppapump in his reply to imwiddit

      Originally posted by I'm Widdit! View Post
      You mean building brands is free!? I remember when DAZN USA Instagram had only 80K followers at the beginning of the year and its YouTube Page had 48K subscribers. They're now about the 500K mark and growing!

      Andy Ruiz before AJ had about 15K followers now he's past a 1.3million followers. Canelo now 6million. AJ from 8mil to 9.7 million. Neymar and Ronaldo are ambassadors for DAZN. The company funna blow up!
      Originally posted by BIGPOPPAPUMP View Post
      You have no idea what you're talking about. They have spent a fortune already on building their brand. They are seeking 500 million in funding because the overall owner is no longer willing to spend his own money to bankroll it.

      There is no value for any company to "overspend" which DAZN themselves admits has not been helpful for them because everyone is now looking for big money.

      Chavez Jr is getting $6 million for Jacobs, who is getting more than that obviously. They are pissing money away.

      And what does Andy Ruiz have to do with anything? He's a PBC fighter and heading back to Fox or Showtime - win or lose against Joshua.

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      • #33
        Originally posted by Motorcity Cobra View Post
        Since you didn't want to believe me maybe you'll believe bigpoppapump in his reply to imwiddit
        lol.

        Canelo did $16.8 million live gate in 2019. What other boxer doing that?

        oh no wait, ''DAZN is splurging...''

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        • #34
          Originally posted by Motorcity Cobra View Post
          Since you didn't want to believe me maybe you'll believe bigpoppapump in his reply to imwiddit
          Man, I got no problem believing you if the information you provide backs up your claim, but the article you posted said nothing at all about Blavatnik pulling his own funding. That was my criticism... that you were giving a misleading title. I don't give a fuck if DAZN in the US folds or flies, man, but I don't like people trying to spin me bullchit.

          Now it ain't an unreasonable conclusion that Blavatnik may be withdrawing his own funds - certainly whether DAZN succeeds or fails that will have to happen at some point - but nor is it an unreasonable conclusion to assume that he might for the time being continue to use his own funds but seek something extra investment as well.

          So far BPP hasn't actaully provided sources of his own either, but I will watch this space.

          Thanks for the heads up though, man.

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          • #35
            Originally posted by Koba-Grozny View Post
            Man, I got no problem believing you if the information you provide backs up your claim, but the article you posted said nothing at all about Blavatnik pulling his own funding. That was my criticism... that you were giving a misleading title. I don't give a fuck if DAZN in the US folds or flies, man, but I don't like people trying to spin me bullchit.

            Now it ain't an unreasonable conclusion that Blavatnik may be withdrawing his own funds - certainly whether DAZN succeeds or fails that will have to happen at some point - but nor is it an unreasonable conclusion to assume that he might for the time being continue to use his own funds but seek something extra investment as well.

            So far BPP hasn't actaully provided sources of his own either, but I will watch this space.

            Thanks for the heads up though, man.
            the agenda is that industry said this and that about Haymon so they feel the need to do it back at DAZN etc etc we get it.

            Thing is, PBC fights looking a bit dull as of late. If people want to buy Wilder vs Ortiz 2 let them. It's not going to stop DAZN nor the agenda against it. As Espinoza said about PBC shills, Loyalty for Haymon all the way.

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            • #36
              Originally posted by I'm Widdit! View Post
              the agenda is that industry said this and that about Haymon so they feel the need to do it back at DAZN etc etc we get it.

              Thing is, PBC fights looking a bit dull as of late. If people want to buy Wilder vs Ortiz 2 let them. It's not going to stop DAZN nor the agenda against it. As Espinoza said about PBC shills, Loyalty for Haymon all the way.
              Shit, man. I'm all typed out. Can't you and my man MCC just kinda go lock yourselves in a room somewhere and figure out between you whether PBC or DAZN gonna run the US so the rest of us can talk some baxin in peace?

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              • #37
                Originally posted by Koba-Grozny View Post
                Shit, man. I'm all typed out. Can't you and my man MCC just kinda go lock yourselves in a room somewhere and figure out between you whether PBC or DAZN gonna run the US so the rest of us can talk some baxin in peace?
                DAZN on fire. Iím hearing sales for Inoue vs Donaire did tremendous subs in the Japanese territory. Luckily the ďAli TrophyĒ was appealing to them, and good for them. Inoue a great fighter, too bad he going to ESPN. Iím sure many bought the one time single month sub

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                • #38
                  Originally posted by mathed View Post
                  Lies and deceit.......be all a shill can be
                  It's up to a billion now according to Hauser

                  Comment


                  • #39
                    Originally posted by Koba-Grozny View Post
                    Man. Did you read the article? MCC just straight made up the bit about Blavatnik pulling his personal funds, in fact the article speculates the funds are for additional expansion. Now don't get me wrong, I ain't a fan of any damn promotion and for all I know they might be failing or looking for an exit strategy or whatever - certainly it looks to me like they're being ridiculously profligate - all I'm saying is that this article doesn't say anything like that and the thread title is entirely misleading.
                    Being on the forum awhile now itís basically clear those who talk business on here have very little educational structure ,and reading itself on here is a struggle let alone having to know what they are reading if it requires some intelligence . Ha

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                    • #40
                      Originally posted by REDEEMER View Post
                      Being on the forum awhile now itís basically clear those who talk business on here have very little educational structure ,and reading itself on here is a struggle let alone having to know what they are reading if it requires some intelligence . Ha
                      MCC is a ****ing manipulator and many still fall for his crap. He's some shady dude for sure.

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