Ruthless-RKO wrote: ↑03 Feb 2022, 09:48
Apparently, it was DAZN who pulled out.
Citing the deal became uneconomical for DAZN.
BT Sports in isolation would have lost BT a lot of money but it would have also helped in them retaining broadband customers.
Paying a seriously significant amount of money for a business that will continue to generate losses in the foreseeable future would be an ballsy move.
Will be interesting to see how the BT/Discovery deal works and also what DAZN do next.
Again I'm not sure that's right. The reports from last year were of BT Sport becoming profitable on its own.
But DAZN would have taken a risk on subscriber loss due to the breaking of the link and the deals between broadband and the Sport, and weren't able to stump up an offer that BT found attractive enough.
Ruthless-RKO wrote: ↑03 Feb 2022, 09:48
Apparently, it was DAZN who pulled out.
Citing the deal became uneconomical for DAZN.
BT Sports in isolation would have lost BT a lot of money but it would have also helped in them retaining broadband customers.
Paying a seriously significant amount of money for a business that will continue to generate losses in the foreseeable future would be an ballsy move.
Will be interesting to see how the BT/Discovery deal works and also what DAZN do next.
Again I'm not sure that's right. The reports from last year were of BT Sport becoming profitable on its own.
But DAZN would have taken a risk on subscriber loss due to the breaking of the link and the deals between broadband and the Sport, and weren't able to stump up an offer that BT found attractive enough.
I’m happy to be proven wrong on that if you’ve got a link to anything that says differently?
I read a few different articles that said they started BT Sports to stop the flow of people leaving their broadband service. It’s helped them in that sense but when they look at BT Sports purely in isolation it’s fairly heavily loss making and always has been.
Difficult to see where DAZN goes from here, no chance of any other mainstream sport for a while so left with just Eddie's boxing for the UK. No real PPV worthy fights on the horizon to drive up subscriptions either, people like Conor Benn won't do it nor will undercards with loads of womens fights on.
I guess Blavatnik has deep enough pockets to carry on as it is but if they start to cut costs then Eddie will be done for
That’s the only report I’ve seen that says BT Sport doesn’t lose money. Several others are the opposite although granted they’re up to 12 months out of date so perhaps things changed last year.
That’s the only report I’ve seen that says BT Sport doesn’t lose money. Several others are the opposite although granted they’re up to 12 months out of date so perhaps things changed last year.
My quote from the FT is about 12 months old. They were breaking even then.
From today's Telegraph, doesn't look like DAZN had the money to seal the deal if they're wanting compo for lost subscribers, that is a risk all subscription channels face.....
Sources claim Dazn could have sealed a takeover of BT Sport months ago, but had become bogged down in the commercial details as it relentlessly sought better terms.
Every time BT had ironed out a concern thrown up by Dazn, another issue would arise and bring progress to a halt, an insider says.
Among the hurdles were long-term guarantees Dazn wanted from BT to cover the costs of BT Sport if customers cancelled their subscriptions. BT is believed to have refused.
Dazn's deal team is also understood to have miscalculated Discovery's interest.
Wonder if the news today of Russia invading Ukraine will have any effect on Blavatnik ? One of his main business partners seems to be one of Putin's men , could get messy
tony1234 wrote: ↑24 Feb 2022, 06:56
Wonder if the news today of Russia invading Ukraine will have any effect on Blavatnik ? One of his main business partners seems to be one of Putin's men , could get messy
Maybe people should cancel DAZN today. Blavatnik is very close to a number of oligarchs and his fortune came from the Russian oil. Every bit of pressure can help the Ukrainian people.
tony1234 wrote: ↑24 Feb 2022, 06:56
Wonder if the news today of Russia invading Ukraine will have any effect on Blavatnik ? One of his main business partners seems to be one of Putin's men , could get messy
Maybe people should cancel DAZN today. Blavatnik is very close to a number of oligarchs and his fortune came from the Russian oil. Every bit of pressure can help the Ukrainian people.
on average, £2 per week for a quality fight card, yeah i’m really going to cancel