DAZN to buy BT Sport.

maverick23
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Re: DAZN to buy BT Sport.

Post by maverick23 »

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.
garethhop
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Re: DAZN to buy BT Sport.

Post by garethhop »

maverick23 wrote: 03 Feb 2022, 09:53
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.
jimmystone
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Re: DAZN to buy BT Sport.

Post by jimmystone »

They won't keep spunking money on boxing forever. If they can't get all the degenerate stuff like gambling, etc going they will jack it in.
maverick23
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Re: DAZN to buy BT Sport.

Post by maverick23 »

garethhop wrote: 03 Feb 2022, 10:08
maverick23 wrote: 03 Feb 2022, 09:53
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.
tony1234
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Re: DAZN to buy BT Sport.

Post by tony1234 »

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
jimmystone
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Re: DAZN to buy BT Sport.

Post by jimmystone »

BT Sports makes "little to no profit" in its own right but is not loss making now. From launch to date it has lost a lot of money though.
garethhop
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Re: DAZN to buy BT Sport.

Post by garethhop »

maverick23
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Re: DAZN to buy BT Sport.

Post by maverick23 »

Hmm.

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.
jimmystone
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Re: DAZN to buy BT Sport.

Post by jimmystone »

maverick23 wrote: 03 Feb 2022, 10:37
Hmm.

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.
garethhop
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Re: DAZN to buy BT Sport.

Post by garethhop »

https://www.ft.com/content/8c0ffe51-3fe ... 401e62dada

I could add more but I won't. BT Sport turnaround story has been going on for a good while although impacted like everyone by COVID.
maverick23
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Re: DAZN to buy BT Sport.

Post by maverick23 »

I stand corrected then for the last 12 months or so then. 👍
Ruthless-RKO
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Re: DAZN to buy BT Sport.

Post by Ruthless-RKO »

the whole broadband/subscription is huge for them I guess..

People are going to want to save where they can.
daz74
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Re: DAZN to buy BT Sport.

Post by daz74 »

DAZN are investing in boxing, will BT/Eurosport invest or just keep things ticking over ?
garethhop
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Re: DAZN to buy BT Sport.

Post by garethhop »

daz74 wrote: 03 Feb 2022, 13:05 DAZN are investing in boxing, will BT/Eurosport invest or just keep things ticking over ?
Nobody really invests in boxing other than the National Lottery.
daz74
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Re: DAZN to buy BT Sport.

Post by daz74 »

garethhop wrote: 03 Feb 2022, 10:42 https://www.ft.com/content/8c0ffe51-3fe ... 401e62dada

I could add more but I won't. BT Sport turnaround story has been going on for a good while although impacted like everyone by COVID.
Sky have the rolling news channel, BT don’t, clearly it’s a benefit to have it, but are the benefits sometimes over stated ?
tony1234
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Re: DAZN to buy BT Sport.

Post by tony1234 »

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.
garethhop
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Re: DAZN to buy BT Sport.

Post by garethhop »

Eddie Hearn's take - "It doesn't really affect us".

:o
unknownman79
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Re: DAZN to buy BT Sport.

Post by unknownman79 »

Hearn is delusional if he thinks this does not effect him. He's gone from sky's top boy to the lowest viewed sports service in the UK.
tony1234
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Re: DAZN to buy BT Sport.

Post by tony1234 »

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
jimmystone
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Re: DAZN to buy BT Sport.

Post by jimmystone »

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.
daz74
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Re: DAZN to buy BT Sport.

Post by daz74 »

jimmystone wrote: 24 Feb 2022, 16:47
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
Boxerbeetle
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Re: DAZN to buy BT Sport.

Post by Boxerbeetle »

Apparently DAZN has now launched PPV in the US for the Canelo fight. Game changed.

Ruthless-RKO
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Re: DAZN to buy BT Sport.

Post by Ruthless-RKO »

Boxerbeetle wrote: 25 Feb 2022, 20:25 Apparently DAZN has now launched PPV in the US for the Canelo fight. Game changed.



Will be Normal sub for UK fans.
mickey1975
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Re: DAZN to buy BT Sport.

Post by mickey1975 »

They've also raised the subs from $100 to $149.99.
Ruthless-RKO
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Re: DAZN to buy BT Sport.

Post by Ruthless-RKO »

mickey1975 wrote: 26 Feb 2022, 01:12 They've also raised the subs from $100 to $149.99.
The Annual??
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