New sports streaming service DAZN lost $2.3 billion in 2021, according to a report released by Bloomberg on Wednesday. DAZN CEO Shai Segev said in an interview with Bloomberg that the main reason is his $1.9 billion commitment to acquire football rights in Italy and Germany in the Bundesliga and Serie A.
Billionaire owner of the DAZN streaming platform Len Blavatnik will carry out a $4.3 billion recapitalization, which should mark the beginning of DAZN's new offensive into global markets.
The DAZN platform, which is investing heavily in professional boxing, is close to completing its purchase of the British TV channel BT Sport, which has the rights to broadcast the most important football matches in the UK.
Duel Liam Smith (30-3-1, 17 KOs) and Jesse Vargas (29-3-2, 11 KOs) will take place on February 5 in Glendale, Arizona. This fight will be preceded by two championship fights. Carlos Cuadras (39-4-1, 27 KOs) will re-face Visaxil Wangek (50-5-1, 43 KOs) for the vacant WBC featherweight title. In May 2014, Wangek won by technical decision.