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Saudi Arabia to pay more than $1 billion to buy into sports network DAZN

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01-14-2025, 07:09 PM	#1
TMC Member Forum Idol Join Date: Jan 09, 2001 Posts: 127,507	Saudi Arabia to pay more than $1 billion to buy into sports network DAZN https://www.nytimes.com/2025/01/14/b...zn-sports.html The Persian Gulf kingdom is close to acquiring up to a 10 percent stake in DAZN, a sports-only network that has been privately funded by the billionaire businessman Len Blavatnik, reports The New York Times' Tariq Panja, who adds: "The network, which is available as a streaming platform and on cable networks worldwide, is already the biggest partner for Saudi Arabia’s growing portfolio of sports properties, including its soccer league, tennis championships and top-tier boxing events."