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Sir Len Blavatnik pumps 827 million $ 827 million in Dazn as a sportsman celebrated for billions of users


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Sir Len Blavatni, a rich British man, entered the other 827 million Rands in the Dazn – the name of the “Netflix” – despite London broadcasting service recording increasing losses.

The latest Festival of Southerns, submitted in 2023 by his ACCESS Industries Group, brings his full support to the 67 billion from the launch in 2016. The wishes of this company have increased and its expenses, as obtains European football rights. , NFL matches outside the US, boxing, basketball in an effort to attract many world viewers.

However, the dazn’s losses is deeper up to $ 1.4 billion in 2023, from $ 1.2 billion last year, according to the latest documents. The income increased from $ 2.2 billion to $ 2.7 billion, while the court sent 300 million viewers, including 20 million payrollers. SHAY SAGV, the Chief Executive Officer again emphasized the goal of achieving 1 billion users by focusing on extended extension as live, ticket sales, matters, and analysis.

Maximum spending may be resolved immediately with external investment. Reports suggest that the Saudi Arabian bag is near to take 10 percent of Dazn for $ 1 billion. Meanwhile, the Dazn has just taken the Rupert Murdoch service for Australia and spent $ 1 billion to obtain free play rights in FIFA Club World Cup with 63 games, withdraws its monthly games. Subscriber for the tournament.

Despite loss, the Dazn remains one of the largest sports broadcasting services, but it is facing new Netflix broadcasting, entering the live games in history. Netflix is ​​now past 300 million subscribers in the world, reports more than 10 billion benefits for the first time.

SAGEV is hoping about the Dazn extension strategy, notes: “2024 were a milestone, but early. As we entered 2025, our goal is to reach 1 billion land users. With courageous investment, innovation, and work environment, we reconsider the fans information and leads sports into a digital future. “


Jamie Young

Jamie is a major business newstery journalist, bringing more than ten years in the reporting of UK SME business. Jamie has a Business Administration and is always involved in industrial conferences and meetings. If he does not report the latest business development, Jamie is passionate about educating emerging journalists and businessmen to promote the next generation of business leaders.





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