DAZN

DAZN

Global sports streaming service for live events

About DAZN

Simplify's Rating
Why DAZN is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Consumer Software

Entertainment

Company Size

1-10

Company Stage

Growth Equity (Venture Capital)

Total Funding

$804.4M

Headquarters

London, United Kingdom

Founded

2015

Overview

DAZN operates a sports streaming service that allows users to watch live and on-demand sports events from around the world. The service is accessible on various devices, providing flexibility for fans to enjoy their favorite sports at their convenience. DAZN's subscription model means users pay a monthly or annual fee for access to a wide range of sports content. What sets DAZN apart from its competitors is its focus on delivering a diverse selection of sports and its commitment to using advanced technology to enhance the viewing experience. The company's goal is to make sports content accessible to a global audience while promoting an inclusive workplace that values equality and diversity.

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Funded Recently
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Simplify's Take

What believers are saying

  • SURJ's $1B investment strengthens DAZN's expansion in the MENA region.
  • Foxtel acquisition positions DAZN as a leader in the Australian sports market.
  • Free FIFA Club World Cup 2025 streaming can attract a massive global audience.

What critics are saying

  • Foxtel acquisition may face regulatory hurdles in Australia, delaying expansion plans.
  • Free-to-view FIFA Club World Cup 2025 could lead to revenue loss without sponsorships.
  • Heavy investment in sports rights may strain DAZN's finances if subscriber growth lags.

What makes DAZN unique

  • DAZN offers a 24/7 mix of live and non-live sports content.
  • The acquisition of Foxtel enhances DAZN's presence in the Australian sports market.
  • DAZN's exclusive FIFA Club World Cup 2025 deal boosts its global sports streaming appeal.

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Funding

Total Funding

$804.4M

Above

Industry Average

Funded Over

2 Rounds

Growth Equity VC funding comparison data is currently unavailable. We're working to provide this information soon!
Growth Equity VC Funding Comparison
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Company News

Dazn Group
Feb 18th, 2025
SURJ Sports Investment Announces Investment in DAZN - DAZN

View the latest breaking news and updates from the world of boxing. Find out what we've been up to, stay up to date with DAZN.

Jornal Económico
Feb 17th, 2025
SURJ invests $1B in DAZN partnership

SURJ Sports Investment has acquired a minority stake in DAZN for approximately $1 billion (€954 million). The two companies will form a joint venture, DAZN MENA, to enhance sports broadcasting opportunities in Saudi Arabia and expand access to live and on-demand sports content. This partnership aims to democratize elite sports access globally and transform the sports entertainment landscape in the region.

Sapo
Jan 28th, 2025
Acionista maioritário injeta mais 827 milhões de dólares na Dazn

A ambição passa por criar um grupo que ofereça aos assinantes da Dazn o equivalente desportivo ao Spotify enquanto plataforma de streaming de música.

Broadband TV News
Dec 23rd, 2024
DAZN acquires Foxtel for $2.2bn

Sports streaming service DAZN is acquiring Australian pay-TV broadcaster Foxtel from its majority shareholder News Corp and minority shareholder Telstra at an enterprise value of US$2.2 billion.

PR Newswire
Dec 22nd, 2024
Dazn Advances Global Expansion With Acquisition Of Foxtel, A Leading Australian Sports And Entertainment Media Group

Milestone deal for DAZN's position as the global home of sport.This acquisition establishes DAZN's sports platform in Australia , one of the world's most attractive sports markets.Foxtel Group will leverage DAZN's global reach, industry-leading technology and extensive content portfolio to further enhance the viewing experience for Australian sports fans.LONDON, NEW YORK, and SYDNEY, Dec. 22, 2024 /PRNewswire/ -- DAZN, a world-leading sports entertainment platform, has today announced an agreement to acquire Foxtel Group ('Foxtel') from its majority shareholder News Corp and minority shareholder Telstra at an enterprise value of US$2.2 billion, subject to regulatory approval.The acquisition establishes DAZN as a leader in sports entertainment in Australia – a highly attractive sports market – while also expanding DAZN's global footprint and enhancing the group's standing as the global home of sport. The addition of Foxtel to DAZN brings the Group's pro-forma revenues towards US$6 billion and provides the additional content, expertise, and expansion opportunities to accelerate DAZN's growth trajectory.Foxtel is one of Australia's leading media companies, with 4.7 million subscribers, who will benefit from DAZN's extensive portfolio of sports content, platform technology, and global reach.From its beginnings as Australia's original pay-TV innovator, Foxtel has evolved to become a digital and streaming leader in sports and entertainment and the proposed transaction positions Foxtel for continued expansion as a digital-first, streaming-focused business. Foxtel will maintain its local character, led by the CEO, Patrick Delany, and his world-class management team.DAZN, a sports streaming platform with a truly global reach, is committed to growing the global audience for domestic Australian sports across the 200 territories in which it is available.Under the terms of the transaction, News Corp and Telstra will become minority shareholders in DAZN, enabling them to retain an interest in Foxtel.Shay Segev, Chief Executive Officer of DAZN, said: "Australians watch more sport than any other country in the world, which makes this deal an incredibly exciting opportunity for DAZN to enter a key market, marking another step in our long-term strategy to become the global home of sport. Foxtel is a successful business that has undergone a remarkable digital transformation in recent years, and we are confident that our global reach and relentless pursuit of innovation will continue to drive the business forward and ensure long-term success."We are committed to supporting and investing in Foxtel's television and streaming services, across both sports and entertainment, using our world-leading technology to further enhance the viewing experience for customers. We are also committed to using our global reach to export Australia's most popular sports to new markets around the world, and we will continue to promote women's and under-represented sports."We're looking forward to working closely with Patrick Delany and his team, as well as News Corp and Telstra as shareholders in DAZN, to realise our ambitious vision for the future of sport entertainment."Siobhan McKenna, the Chairman of Foxtel, said the agreement with DAZN was international recognition of the transformation of Foxtel from an incumbent pay TV operator to a sports and entertainment digital and streaming leader

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