The only thing that is going to save DAZN in the long run and in the foreseeable future is Pay Per View. One cannot afford to pay these exorbitant amount of guarantees while losing money in the process.
They need to go back and revise some of these contracts and start allowing some of the promoters of these fighters to assume some of the risks. It could take several years for DAZN to get back to where it first started off.
If they don't change their business model very soon they will bankrupt or going out of business in less than a year. What Bob Arum said has backfired. He said that it was good thing that HBO went of the boxing business because they had to compete with Netflix.
What he failed to mention was is that HBO didn't need sports to stay in business but cable networks and ******ing online services like ESPN and DAZN does. They have lost millions of dollars in this pandemic because of the lack of sport
They need to go back and revise some of these contracts and start allowing some of the promoters of these fighters to assume some of the risks. It could take several years for DAZN to get back to where it first started off.
If they don't change their business model very soon they will bankrupt or going out of business in less than a year. What Bob Arum said has backfired. He said that it was good thing that HBO went of the boxing business because they had to compete with Netflix.
What he failed to mention was is that HBO didn't need sports to stay in business but cable networks and ******ing online services like ESPN and DAZN does. They have lost millions of dollars in this pandemic because of the lack of sport
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