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DAZN Seeking Significant Investment Or Out Right Sale

“Last October, DAZN reportedly sought to raise an additional $500 million, but finding that level of investor in the current economic climate is seemingly unachievable.”

Brandon Contes

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Two months after COVID-19 brought live sports to a halt, the pandemic’s impact has DAZN reportedly seeking investors and possibly even a sale.

According to a story from the Financial Times, DAZN owner Len Blavatanik is searching for ways to secure investments for the OTT service. While finding a suitor for an equity stake in the company is preferred, selling the platform could also be considered.

In 2018, Japanese ad agency Dentsu invested $300 million for a 10% ownership in the company. Last October, DAZN reportedly sought to raise an additional $500 million, but finding that level of investor in the current economic climate is seemingly unachievable.

Since the subscription service launched in Germany and Japan in 2016, entering the U.S. market in 2018, it has continued to expand at a rapid and expensive rate. In 2016, DAZN invested $3 billion for media rights deals in Japan which included local soccer and baseball, the NFL, MLB, all five major European soccer leagues and the Champions League.

With most major American sports leagues inside their current media rights deals, DAZN looked toward combat sports, entering a $1 billion partnership with Matchroom Boxing, and signing boxer Canelo Alvarez to a $365 million contract. They were also reportedly interested in adding debate shows, linked to FS1’s Skip Bayless while his former boss Jamie Horowitz is DAZN’s EVP of content.

The extensive spending wasn’t without a return though, as DAZN set streaming records in 2019, reporting a 950% year-over-year revenue growth for the month of May as compared to 2018. Unfortunately, similar growth won’t be realized in May 2020. Instead, the current pandemic has DAZN searching for funds from outside sources such as Liberty Global.

In March, DAZN announced global expansion plans which intended to see the service go from being available in just nine countries to entering more than 200 countries and territories. Whether or not those goals ever come to fruition remains to be seen, as not much more than one month later, COVID-19 forced DAZN to begin furloughing personnel.

DAZN hasn’t announced how many subscribers left the service since they began furloughing employees and seeking new investments, but a lack of live sports programming certainly isn’t in their favor. 

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Saquon Barkley to WFAN’s Tiki Barber: “Don’t Feed Into the B.S.”

Barkley said any narrative that he chose to go to Philadelphia over staying with the Giants is incorrect because New York never offered him a contract.

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Logo for the New Heights podcast and a photo of Saquon Barkley

Former New York Giants and current Philadelphia Eagles running back Saquon Barkley made an appearance this week on New Heights, the podcast hosted by Travis and Jason Kelce. In addition to several football related topics, Barkley spoke about his war of words with WFAN host and former Giants running back Tiki Barber.

After Barkley signed with the Eagles on a three-year, $37.5 million deal, Barber said that Barkley was “dead to us,” referring to New York Giants fans. Barber has said those comments were more about what the fans were thinking and were “tongue-in-cheek.” Barkley came back at Barber on social media and said he was a “hater” since he came to New York.

In explaining what made him upset about Barber’s response, Barkley said he didn’t think it was right to be attacked by a former player.

“I love seeing NFL guys, I love seeing OGs, I love seeing you guys, you have a platform, this is a place where you know ball, you can talk, you can educate fans,” Barkley said. “Maybe use that time to show, ‘Maybe this is why Saquon is going to Philly’ … the business side of it, use that to show, I’m not saying you got to have loyalty to me because I don’t care for that, to be honest, but you are an ex-NFL player, an ex-NFL athlete, don’t feed into the B.S., let fans do that, they’re supposed to do that, they’re emotional.”

Barkley said any narrative that he chose to go to Philadelphia over staying with the Giants is incorrect because New York never offered him a contract.

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Joe Buck Misses Calling Baseball But Says He’s Already Called it for “A Lifetime”

“People go, ‘Do you miss calling baseball?’ — I did it for 35 years, that is a lifetime in broadcasting…I feel like I put my time in.”

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Picture of Joe Buck
Credit: Richard Shotwell AP

Longtime sports broadcaster Joe Buck gave up calling baseball when he made the switch to ESPN and, while he says he misses the sport, he’s called 35 years’ worth of the sport. On the latest edition of Nothing Left Unsaid with Tim Green, Green asks his former broadcast partner about the lack of baseball in his life. While Buck says he misses parts of baseball, he doesn’t miss all of it.

“People go, ‘Do you miss calling baseball?’ — I did it for 35 years, that is a lifetime in broadcasting…I feel like I put my time in. I did 24 World Series — that’s a lot, 24 more than I ever expected to do on national television. What I do miss is calling the game for the home crowd. I do miss the local stuff, where you go into the booth, and you’re the Cardinal announcer, and when the Cardinals win, ‘Yay,’ and when the Cardinals lose, ‘Boo.’ When you do the network stuff, it’s like death by 1000 cuts. It’s, ‘you hate my team, screw you,’ and it gets in your head and it takes a little bit of the fun out of it…I don’t miss the stress that comes with all that, but I do miss calling baseball for [a local team]…You show up, you’re not just there for an organization, but for their fans, and you’re kind of rooting along with them. That’s fun. And so, I miss that, but as far as the national stuff, I don’t miss a lot of that.”

Buck reiterated points he made months ago on 810 WHB with Jason Anderson. “I miss doing local baseball. I miss putting on a headset and being the eyes and ears of Cardinal fans, Royal fans, Rangers fans, whatever,” Buck said back then. “That’s more fun than being Switzerland and getting all the junk that comes with it.”

He stopped calling baseball when he and longtime football partner Troy Aikman moved from FOX to ESPN to call Monday Night Football. While he said publicly that he would miss calling the World Series, he also said the 2022 World Series would have been his last anyway. Buck says he may one day feel compelled to call baseball again, though, saying, “I’ve never said that before, but I just feel like I’m 53, basically 54, [and] I think it’s too early to say nevers at this point in my life. I think at some point, I’ll get the itch again.”

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Former Red Sox Pitcher Jonathan Papelbon Joins Roster of ‘Foul Territory’ Hosts

“I am joining the Foul Territory podcast full-time, no more guest spots…I’m coming in and I can’t wait to pop a bottle on this year’s baseball season.

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The already-stacked roster on Foul Territory just got its closer. Jonathan Papelbon, formerly of the Boston Red Sox, Washington Nationals, and Philadelphia Phillies, announced today that he was joining fellow former All-Stars A.J. Pierzynski, Todd Frazier, Adam Jones, Lorenzo Cain, Brock Holt and Jason Kipnis on the show.

The podcast also features former MLB Network host Scott Braun and former 11-year MLB catcher Erik Kratz.

“I am joining the Foul Territory podcast full-time, no more guest spots,” Papelbon said in a video posted to his X account. “Whether it’s a big Ohtani gambling scandal or me giving you baseball gambling winners…I’m coming in, no bulls—-, real talk, and I can’t wait to pop a bottle on this year’s baseball season.”

Papelbon has been a contributor to the show in the past as a guest but will now join in an official capacity. He has also contributed to linear and digital content for NESN since 2021 and will reportedly head to the booth this year.

The former closer will join Alanna Rizzo on the Foul Territory network, who was brought on just a week ago to co-host the podcast’s live program, Fair Territory, with baseball insider Ken Rosenthal.

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