Dec 23 (Reuters) – Sports activities streaming platform DAZN has agreed to purchase Information Corp’s Australian cable TV unit Foxtel for A$3.4 billion ($2 billion) together with debt.
Listed here are some particulars in regards to the firm and its proprietor:
The London-headquartered platform has over 300 million viewers throughout 200 markets. It streams a number of thousand sporting occasions with 86,000 reside occasions delivered final 12 months, based on its web site.
DAZN (pronounced “Da Zone”) was initially a part of Carry out Group, shaped in 2007 by way of a merger of Premium TV Restricted and Inform Group. In 2018, Carry out Group rebranded as DAZN Group, splitting into two entities: DAZN, a sports activities streaming service, and Carry out Content material, targeted on sports activities knowledge.
MAJOR DEALS AND PARTNERSHIPS
Boxing and Combined martial arts (MMA): DAZN has unique rights to quite a few high-profile boxing and MMA occasions, partnering with promotions like Matchroom, Golden Boy Promotions, and Misfits Boxing. From April 2025, DAZN would be the unique international broadcast accomplice for Queensberry Promotions, increasing its boxing content material.
European Soccer Leagues: DAZN holds unique rights to broadcast main European soccer leagues, together with Italy’s Serie A, Spain’s LaLiga, Germany’s Bundesliga, and France’s Ligue.
FIFA Membership World Cup 2025: DAZN would be the unique international broadcaster for the FIFA Membership World Cup 2025, streaming all 63 matches reside and free worldwide.
Motorsports: DAZN has secured unique rights to broadcast System 1 in Spain till 2026, it additionally streams MotoGP and Supercross.
DAZN is owned by Entry Industries, a New York-based personal holding firm based by Ukrainian-born billionaire Len Blavatnik in 1986.
Entry Industries’ portfolio has an funding worth of $35 billion and spans media, leisure and actual property.
Its main media and leisure investments embrace Warner Music Group, DAZN, and Deezer, one of many largest impartial music streaming providers on this planet.
Len Blavatnik is a British-American businessman and philanthropist and ranks among the many prime 40 billionaires on this planet, based on Bloomberg’s billionaires index.
Born on June 14, 1957, in Odesa, Ukraine, he emigrated to the USA in 1978. He holds levels from Columbia College and Harvard Enterprise Faculty.
He was appointed Chevalier of France’s Legion d’honneur for his assist of training in 2013 and in 2017 was knighted by Queen Elizabeth II for his service to philanthropy.
Supply: DAZN web site, Entry Business web site
(Reporting by Prerna Bedi and Chandini Monnappa in Bengaluru; enhancing by Jason Neely)
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