Date created
November 15, 2024
Type
Streaming News
DAZN is turning heads in the sports streaming world with its bold move to secure global broadcasting rights for the 2025 FIFA Club World Cup - despite financial losses and a surprising decision to offer all matches for free.
The tournament, featuring 32 elite soccer teams and stars like Lionel Messi, cost DAZN a reported $1 billion. This comes after the company lost $1.2 billion in 2022 and continues to struggle for profitability. Analysts are raising eyebrows at DAZN’s financial strategy, especially as subscription prices remain unchanged.
- Adding intrigue, the Saudi Public Investment Fund is considering a $1 billion investment in DAZN, potentially deepening its ties with the streamer. With FIFA’s initial $4 billion asking price slashed, questions persist: Is DAZN’s strategy sustainable, or is it a high-stakes gamble in the competitive world of sports streaming?
This story highlights the challenges and risks facing streamers in the race to secure premium content and attract global audiences.
Other Interesting News:
US charges Chinese hackers who allegedly caused millions of dollars’ worth of damages
US charges Chinese hackers who allegedly caused millions of dollars’ worth of damages
ITVX Reveals Exciting Acquisitions for Spring & Summer 2025
ITVX Reveals Exciting Acquisitions for Spring & Summer 2025