DAZN, a subscription-based streaming service, is looking to become a major player in the sports content space after recently reaching a distribution deal with Comcast, despite a highly competitive market:
Leading DAZN is former ESPN president John Skipper, who was hired last May to oversee the operations of DAZN’s parent company, Perform Group. “This was potentially a very big opportunity because of first-mover advantage,” Skipper says in his office at DAZN’s New York headquarters in the Financial District. “I think there is the possibility of building a company with a very significant value.”
of DAZN Group last month to Vista Equity Partners. “We are not trying to raise our next round of $20 million,” Skipper says. The company’s main bankroll is Ukrainian-born Len Blavatnik, who is DAZN’s majority owner and is worth $18 billion. “The pay TV model is the best model for media in the history of the universe,” says Skipper. “Will OTT be better? In some ways, yes."
DAZN partnered with British promotion company Matchroom Boxing last year in a deal worth up to $1 billion to show 16 U.S. fights in the U.S. annually over eight years. The big ticket in Matchroom’s stable of fighters is world heavyweight champion Anthony Joshua, who fought in September under the DAZN banner. Daniel Jacobs is another Matchroom fighter.
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