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A Bigger Tent Makes a Happier Home
In late spring, we announced that ViewLift would become a part of DAZN; that deal has formally closed, so we are officially (as the logo above indicates) “a DAZN company”. In thanking my Chairman Ted Leonsis, our Board, colleagues, shareholders and clients for this now 19-year journey; and Sir Leonard Blavatnik, Shay Segev and our new colleagues at DAZN for their confidence in our future, I also want to lay out why we took this step and how it intersects with broader trends in technology, media and especially sports.
College Sports Have Revenue Options Amid NCAA Settlements
The $2.8 billion NCAA lawsuit settlement over athlete pay is shaking up college sports programs nationwide as schools face looming pro-rata settlement payouts of millions of dollars each for former athletes, then up to $22 million more in annual forward obligations.
