DAZN receives $4.3 million cash injection

DAZN Group has received a recapitalisation of $4.3 million from its billionaire investor Sir Len Blavatnik. The money comes through Access Industries, Sir Len’s principal holding company, and leading shareholder in DAZN. The streaming service recently withdrew from a bid to buy BT Sport, leaving Discovery to take part in a new joint venture with the telco, and gain access to Premier League and Champions League rights.

Source: DAZN receives $4.3 million cash injection