Economic news

DAZN to Buy EverPass Media to Expand in US Venues

Aug 26 (Reuters) - DAZN said on Wednesday it has agreed to acquire EverPass Media that will combine ​DAZN's sports content with EverPass' U.S. streaming ‌and technology capabilities.

Financial terms of the deal were not disclosed.

Here are some details:

  • EverPass, founded in 2023 by ​32 Equity and RedBird Capital Partners, holds ​the exclusive commercial distribution rights for NFL ⁠Sunday Ticket in bars, restaurants and other ​commercial venues.

  • RedBird Capital Partners, 32 Equity — the NFL's ​strategic investment arm — and TKO Group Holdings will become minority shareholders in DAZN as part of the deal.

  • EverPass ​CEO Alex Kaplan will continue to lead ​the business, which will be rebranded as DAZN for Business.

  • EverPass ‌also ⁠distributes programming from the Premier League, UEFA Champions League, MLB, NBA, WNBA, NWSL and NASCAR among others, alongside partnerships with Peacock, Netflix, Paramount ​and Apple .

  • Last ​month, EverPass ⁠and DIRECTV agreed to jointly distribute NFL Sunday Ticket via satellite and ​streaming to commercial venues.

  • DAZN Group CEO ​Shay ⁠Segev said the deal gives the company "a proven commercial distribution platform, deep relationships across U.S. venues, ⁠and ​an attractive portfolio of premium ​rights."

  • Existing EverPass customers will continue to receive service without interruption ​during the transition.

Reporting by Prathik Jayaprakash in Bengaluru

Source: Reuters


To leave a comment you must or Join us


More news


Back to economic news list

By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree