Who Owns DAZN?
DAZN, pronounced “Da Zone,” has become one of the most popular sports streaming services globally. Its rapid rise in the sports broadcasting industry has made many curious about its ownership and background. In this article, we will explore the ownership structure of DAZN, providing insight into the company behind this revolutionary sports platform.
What is DAZN?
Before diving into its ownership, it’s essential to understand what DAZN is. DAZN is a subscription-based sports streaming service that allows fans to watch live and on-demand sports content. Launched in 2016, DAZN has become known for its affordability and wide range of sporting events, from boxing and football to motorsports and more. The platform operates in several countries, including the United States, United Kingdom, Japan, and Canada, offering fans unprecedented access to their favorite sports.
Who Owns DAZN?
DAZN is owned by Access Industries, a privately-held investment company. The company was founded by billionaire Len Blavatnik, a Ukrainian-born American-British businessman. Access Industries has investments across various industries, including media, telecommunications, real estate, and natural resources.
Len Blavatnik has been at the helm of Access Industries since its inception in 1986. Under his leadership, the company has acquired several high-profile assets, including DAZN, which is one of the company’s flagship properties in the media sector.
Blavatnik’s vision for DAZN was to disrupt the traditional sports broadcasting model by offering a more accessible, affordable alternative to expensive cable packages. This strategy has helped DAZN grow rapidly and challenge established players in the sports broadcasting industry.
DAZN Group
DAZN operates under the umbrella of the DAZN Group (formerly Perform Group). DAZN Group is responsible for all the operations related to the DAZN streaming service. The DAZN Group was initially part of Perform Group, a sports media company that Access Industries acquired fully in 2014. In 2018, Perform Group rebranded as DAZN Group to better align with its focus on sports streaming.
DAZN Group also oversees other sports-related businesses, including digital content production and distribution, further cementing its role as a leader in sports media.
The Role of Len Blavatnik
Len Blavatnik’s influence on DAZN cannot be overstated. His extensive experience in media and entertainment has been crucial in positioning DAZN as a game-changer in the industry. Blavatnik’s wealth, estimated to be over $30 billion, has enabled him to support DAZN’s expansion, including securing exclusive sports broadcasting rights for top-tier events.
His vision for DAZN is to continue growing its global presence, offering sports fans an unparalleled viewing experience across multiple devices at an affordable price.
DAZN’s Growth and Future
Since its launch, DAZN has continued to expand its sports content library, securing deals with major sports leagues and organizations. In boxing, DAZN has made waves by partnering with Matchroom Boxing and Golden Boy Promotions, providing fans with access to exclusive matches.
DAZN is not just focused on traditional sports; the platform has also expanded into new areas, including esports and original programming. This diversification strategy is helping DAZN carve out a unique space in the crowded streaming market.
Looking to the future, DAZN aims to further revolutionize the sports broadcasting industry. With continued financial backing from Access Industries and Len Blavatnik’s leadership, the platform is expected to remain a key player in sports streaming for years to come.
In summary, DAZN is owned by Access Industries, which is controlled by Len Blavatnik, one of the world’s richest individuals. His vision and investment have been instrumental in DAZN’s rise to prominence in the sports streaming market. As DAZN continues to grow and secure more exclusive content, it’s clear that this sports streaming service is set to remain a major player in the industry.
For more information on other companies and their ownership structures, be sure to visit Who Owns. To learn more about the world of sports media, you can also check out this reliable source.
By understanding who owns DAZN, we gain insight into how this innovative platform became a global sports streaming powerhouse.
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