Dazn getting ‘IPO ready’, says CEO Segev, after swing into black and key hires Sport Business Dazn chief executive Shay Segev has confirmed the global sports streaming platform is preparing for an IPO after achieving EBITDA profitability in 2025. Segev said the company had not decided on a timeframe for a float, nor whether the London-headquartered company would be listed on the FTSE or overseas. But he confirmed that the advent [...]
Fifa+ deal to boost Dazn’s quest for first profit, says CEO Sport Business Dazn CEO Shay Segev insists the global sport streaming platform will make money from hosting Fifa+, the world governing body’s mothballed direct-to-consumer product. Fifa+, which comprises archive footage, live games from obscure competitions and magazine shows, is now only available on Dazn after Fifa pulled the plug on its four-year-old D2C offering. Segev told City [...]
Saudi Arabia’s Surj Sports Investment confirms stake in Dazn Sport Business Saudi Arabia’s Surj Sports Investment has confirmed that it has taken a minority stake in streaming platform Dazn and entered into a joint venture aimed at showing more events taking place in the kingdom. The announcement confirms long-running rumours of Saudi investment in Dazn and despite the country’s Public Investment Fund (PIF), of which Surj [...]
Dazn scores exclusive global broadcast deal for Fifa Club World Cup December 4, 2024 Fifa has confirmed that its relaunched Club World Cup will be broadcast for free around the world on Dazn, the dedicated sports streaming platform. The 32-team tournament will take place in its new form for the first time next summer in the US, where Chelsea and Manchester City will be England’s representatives. Dazn said the [...]