DAZN is reportedly nearing a deal with telecom company, BT Group to acquire BT Sport for $800 million.
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The companies were reportedly closing in on a deal last fall but negotiations stalled following concerns over revenue assurances and DAZN’s streaming capabilities.
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Acquiring BT Sport would add a number of broadcasting rights to DAZN’s roster. In 2019, the company spent roughly $1.7 billion on sports rights according to regulatory filings.
In May, the Premier League extended its deals with Sky, Amazon, BBC, and BT from 2022 to 2025. Collectively, the deals are worth $7 billion.
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