DAZN seeking $1 billion in funding as IPO becomes a serious consideration
Popular sports streaming service DAZN now seeks to raise as much as $1 billion and is considering a stock-market listing or divestment of assets, per a report by Bloomberg on August 20.
During the most recent episode of The Fight Business Podcast, host Patrick Auger explained why this could be DAZN’s “hail mary.”
The streaming service has faced significant challenges since the start of the coronavirus pandemic and it remains to be seen if subscriber numbers can lift later this year as sporting events return.
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Patrick is a consultant turned journalist who loves the fight game and everything to do with it. Focusing on the politics, business, and general state of MMA are his mainstays, though he'll dabble in analysis and best bets when he can. He also enjoys football, basketball, baseball, and great jokes in general so feel free to reach out and berate him on social media whenever you disagree with him.