DAZN Group announced a $4.3 billion capital injection by billionaire investor Len Blavatnik’s firm. The British sports media company aims to expand into recreational betting, gaming and non-fungible tokens. The investment comes after Spain’s LaLiga sold its domestic broadcasting rights to Movistar and DAZN for $5.62 billion over five years. […]
Tag: DAZN
Entain CEO Segev Bounces for DAZN in Wake of Attempted MGM Takeover
Entain CEO Shay Segev announced he is leaving his post less than a week after the company turned down an $11 billion takeover offer from online betting partner MGM. Segev said he’s headed to digital sports broadcaster DAZN and will join James Rushton there as a co-CEO. Speculation has run […]
Canelo Alvarez Severs Ties with Golden Boy Promotions, DAZN
Boxing superstar Canelo Alvarez and Golden Boy Promotions have reached an agreement that will allow Alvarez to move forward as a free agent. The move will also sever ties between Alvarez and streaming service DAZN. Alvarez Plans to Fight in December Alvarez signed an 11-fight, $365 million deal with DAZN […]