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Overview
DAZN is a global streaming service that provides live and on-demand sports content through a subscription. Its platform delivers sports events by acquiring broadcasting rights and distributing them directly to consumers over the internet, accessible on devices like smart TVs, streaming devices, and mobile phones. Unlike traditional cable or satellite models, DAZN streams content directly to subscribers, expanding its reach across many countries and sports leagues. The company differentiates itself by owning a direct-to-consumer distribution model, a broad device ecosystem, and a focus on live sports rights. Its goal is to grow as a leading global platform for live and on-demand sports, attracting more subscribers and expanding its catalog of rights.
About DAZN
Industries
Consumer Software
Entertainment
Company Size
1,001-5,000
Company Stage
Growth Equity (Non-Venture Capital)
Total Funding
$2.2B
Headquarters
London, United Kingdom
Founded
2015
Simplify's Take
What believers are saying
- Foxtel acquisition adds 4.7 million Australian subscribers and $1.8 billion revenues.
- SURJ $1 billion stake funds DAZN MENA joint venture for Middle East expansion.
- $587 million Blavatnik injection targets $5 billion revenue and 2026 profitability.
What critics are saying
- ACCC rejects Foxtel deal, stranding $2.2 billion and delaying Australia entry to 2027.
- News Corp and Telstra shareholders paralyze DAZN governance in 6-18 months.
- LaLiga rights lost to Amazon Prime Video in 2026-2027 renewals.
What makes DAZN unique
- DAZN integrates live betting, gaming, and merchandise into its sports streaming platform.
- DAZN secures exclusive combat sports rights with 150+ annual boxing and MMA fights.
- DAZN holds key soccer rights like LaLiga in Spain and UEFA Champions League sublicenses.
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Funding
Total Funding
$2.2B
Above
Industry Average
Funded Over
4 Rounds
Company News
SURJ Sports Investment, part of Saudi Arabia's Public Investment Fund, has acquired a minority stake in DAZN to enhance sports broadcasting in the Middle East. The partnership will launch DAZN MENA, aiming to boost fan engagement and sports participation. This move aligns with SURJ's strategy to position the region as a sports hub. DAZN, operating in over 200 markets, will expand its reach and introduce new broadcasting technologies through this collaboration.
Sir Leonard Blavatnik has injected an additional $587 million into DAZN, bringing his total investment to over $7 billion. DAZN reduced its losses in 2024 to $936 million from $1.4 billion the previous year, with revenues up 11% to $3.2 billion. CEO Shay Segev stated that DAZN is on track for profitability, aiming for $5 billion in revenue this year and expects global profitability by 2026. The company is considering an IPO or new private investors for expansion.
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.
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.
Surj Sports Investment will take stake in DAZN and help fund a Middle East broadcasting joint venture
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About DAZN
Industries
Consumer Software
Entertainment
Company Size
1,001-5,000
Company Stage
Growth Equity (Non-Venture Capital)
Total Funding
$2.2B
Headquarters
London, United Kingdom
Founded
2015
There are no jobs for DAZN right now.
Find jobs on Simplify and start your career today