• Loading stock data...
Sunday, August 24, 2025
The biggest names in sports media. All in one room. Buy tickets now!

DAZN Reports Operating Loss of $1.36B in 2021

  • DAZN generated $1.56 billion in revenue in 2021.
  • CEO Shay Segev primarily attributed the losses to the addition of Italian and German soccer rights.
DAZN
DAZN Group

DAZN is paying the price for its deep investment in soccer rights.

The sports streaming platform sustained an operating loss of $1.36 billion for 2021 and an overall loss of $2.3 billion.

The losses, which CEO Shay Segev primarily attributed to the addition of Italian and German soccer rights, outweighed DAZN’s $1.56 billion in revenue that year — a 79% year-over-year increase. 

  • In 2022, revenue increased to $2.3 billion.
  • DAZN has lost more than $6 billion since its 2016 launch.
  • In 2021, billionaire owner Len Blavatnik agreed to a recapitalization of DAZN, dropping its net debt to $14.3 million at year’s end, compared to $1.3 billion the year prior.

Segev said an IPO could happen in the next two or three years, and that the company would be open to strategic investors.

“I really don’t have any preference, I would just think that it actually makes sense for this to become a public company,” he said. “The Netflix story, the Amazon story — I think DAZN is going there as well.”

DAZN Down

DAZN’s $2.7 billion deal to air Serie A in Italy for three seasons has come with other problems.

The service has experienced several outages, drawing criticism from viewers. On Tuesday, DAZN agreed to take steps to fix the problems, including offering affected subscribers a refund and setting up a Network Operation Centre in Italy.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Premier League Sets New Highs: $3.2B Spent, Record U.S. Viewership

The league’s transfer spending beats the rest of Europe’s Big Five combined.
Barcelona

LaLiga Closing In on Long-Desired Miami Regular-Season Match

The Spanish football federation gave the league the green light.

More Dildo Throwing During WNBA Games Leads to Second Arrest

The 18-year-old threw a dildo that hit another fan and his young niece.

Smelling Salts Not Banned in the NFL, but Teams Can’t Hand Them..

Teams are banned from supplying smelling salts to their players.

Featured Today

The Honey Deuce Effect: How Tennis Perfected the Signature Cocktail

Sold every 1.5 seconds, they totaling more than $12 million in sales.
Dec 21, 2024; Austin, Texas, USA; Texas Longhorns quarterback Arch Manning (16) warms up as the Texas Longhorns prepare to play the Clemson Tigers in the first round of the College Football Playoffs at Darrell K Royal Texas Memorial Stadium.
August 23, 2025

Schools Are Hesitant to Allow PE Into Their Athletic Departments

Regardless of budget, schools don’t believe the risk is worth the reward.
Oct 2, 2024; Rosemont, IL, USA; Big Ten commissioner Tony Petitti speaks with the media during the 2024 Big Ten Women’s Basketball media day at Donald E. Stephens Convention Center.
August 22, 2025

‘Not Ready to Jump In’: Power 4 Commissioners Aren’t Sold on PE

Top leaders in college sports have yet to see a satisfactory proposal.
Nov 23, 2024; Minneapolis, Minnesota, USA; Penn State Nittany Lions head coach James Franklin looks at quarterback Drew Allar (15) during the first quarter against the Minnesota Golden Gophers at Huntington Bank Stadium.
August 22, 2025

Private Equity Enters College Sports—Without the Equity

As college football starts, lending agreements have become PE’s best way in.

Fox Enters Streaming Wars With Leaner, Sports-Heavy Approach

A different strategy marks the arrival of the network’s streaming service.
August 20, 2025

Bundesliga Bets on YouTube Creators for Live U.K. Game Streams

Bundesliga is the top German soccer league.
HAPPY GILMORE 2. (L to R) Quin Stiller as Will Zalatoris Caddie, Will Zalatoris as Himself, Benito Antonio Martínez Ocasio as Oscar Mejias and Adam Sandler as Happy Gilmore in Happy Gilmore2.
August 21, 2025

‘Happy Gilmore 2’ Becomes Netflix’s Most-Watched U.S. Movie Debut

The Adam Sandler, golf-themed movie sets more streaming records.
Sponsored

Building A Pro League From Scratch

Front Office Sports and Gainbridge® spotlight what it takes to build a professional women’s soccer league.
Jey Uso and Pat McAfee look at each other after Uso’s win Saturday, Feb. 1, 2025, during the WWE Royal Rumble at Lucas Oil Stadium in Indianapolis.
August 20, 2025

WWE Will Leave Peacock for ESPN 6 Months Early

Peacock’s final show will be “Clash in Paris” on Aug. 31.
August 20, 2025

NFL Preseason Games Are Popping Up on YouTube’s Sunday Ticket

The $2 billion out-of-market package covers only the regular season.
August 20, 2025

Inside ESPN’s ‘Industry Shaping’ DTC Plan, What’s at Stake

Many bundle offers and opaque metrics mark the high-profile launch.
Kyle Busch talks with Nexstar Media Group, Wednesday February 14, 2024 during Daytona 500 Media Day at Daytona International Speedway
August 19, 2025

$6.2B Nexstar-Tegna Deal Could Create Local Sports Juggernaut

CW parent company Nexstar looks to acquire its rival in a major deal.