Left Menu
Development News Edition

Sports streaming service DAZN to stop paying rights fees to leagues -source

Reuters | Updated: 01-04-2020 02:56 IST | Created: 01-04-2020 02:56 IST
Sports streaming service DAZN to stop paying rights fees to leagues -source

Streaming service DAZN Group has told sports leagues it will not pay rights fees for any suspended or cancelled games amid the coronavirus pandemic, according to a source familiar with the matter.

The streaming service is the first media company operating in the United States that has decided to withhold fees, which are paid to sports leagues for the right to air events, as broadcast networks have traditionally continued to pay the fees when games have not aired. The move was first reported earlier on Tuesday by Sports Business Journal. DAZN will also not pay for future seasons until the company is given an update on when those seasons will begin, the source said.

DAZN did not want to continue paying the fees because it has no clarity on when sports seasons will resume, and is focused on defraying costs, the source added. The streaming service, launched in 2016, is available in nine countries including the United States and Canada. It streams boxing and mixed martial arts (MMA) in the United States and holds streaming rights for the National Football League and Major League Baseball in Japan.

The spread of the coronavirus has upended sports across the world, including causing the Tokyo Summer Olympics to be postponed for one year. MLB said earlier this month it will push back the opening of its 2020 regular season, but did not say when it expected to begin the season. The National Basketball Association earlier this month also suspended its current season.

The NFL, which begins its regular season in September, has not announced a delay due to the coronavirus.



Tracking Cybersecurity: Laying the groundwork for tougher regulations post-COVID 19

The changes indicate that the tech industry is moving towards a paradigm shift over how it operates and, more importantly, how it is regulated....

Tax dodging in rich and poor countries alike, wealthy taxpayers often outwit the taxman

... ...

COVID-19 threatens to widen the digital gender divide

In a world that, all of sudden, has turned virtual, it has become absolutely essential to providing equal digital access and opportunities to the unconnected population, primarily dominated by women. ...

Gender Equality Post-COVID-19: Rising inequalities ask for gender-sensitive policies

However, the death rate of women due to COVID 19 infection is less than men, the repercussions of worldwide lockdown have adversely affected women across communities and economic sectors throughout the globe. The experts fear that the pande...


Latest News

China has little respect for India's long-standing efforts to freeze status quo, says US think tank

The current Sino-India border crisis has revealed that China has little respect for Indias long-standing efforts to freeze status quo along its frontiers, a top US observer on South Asia has claimed. By its brazen actions, Beijing has force...

Trump jabs Maine's Democratic governor; she hits back

President Donald Trump on Friday laced into Maines Democratic governor for not moving quickly enough to reopen the states economy and urged his supporters to help him win the rest of the state in November if they want to see the country reb...

Damonte joins Golden Guardians for LCS Summer Split

Tanner Damonte Damonte has joined the Golden Guardians to complete the teams roster for the League of Legends Championship Series Summer Spilt. Damonte, who is a mid laner, was most recently with Dignitas Academy.Damonte fills a roster that...

Gen.G, MIBR advance in BLAST Spring Showdown - Americas

Gen.G Esports and MIBR remained in contention at the BLAST Premier Spring Showdowns Americas event on Friday by earning 2-1 playoff wins. Gen.G, who edged Triumph in three tight games, will oppose FURIA Esports on Saturday in one of the eve...

Give Feedback