Univision picks up stay rights Spanish language rights to CWC from DAZN

Univision picks up stay rights Spanish language rights to CWC from DAZN

February 14 – Streaming platform DAZN and US Spanish-language broadcaster Univision have agreed a sublicense deal for 18 Membership World Cup matches throughout its channels.

Univision will broadcast matches from the expanded 32-team event in June and July on its Univision, UniMás and TUDN networks.

The Membership World Cup has struggled to generate a lot curiosity from broadcasters, however DAZN bailed FIFA out stepping in to amass the rights for the 2025 and 2029 editions of the event for a reported $1 billion.

“DAZN’s wide-ranging partnership with TelevisaUnivision is a vital a part of our distribution technique for the FIFA Membership World Cup 2025, and can be sure that each soccer fan within the U.S. can watch the event how they need,” mentioned DAZN CEO Shay Segev in an announcement.

“In addition to delivering top-quality programming, we sit up for collaborating on advertising and marketing and advert gross sales, creating an unparalleled providing for manufacturers and audiences alike.”

DAZN’s personal monetary woes have been outstanding. In 2023, the corporate posted working losses of $830 million for 2023, elevating additional query marks over the monetary sustainability of the sports activities streaming service and its capacity to safe premium stay rights.

DAZN reported losses of $1.2 billion in 2022, $2.3 billion in 2021 and $1.3 billion in 2020. Nevertheless, SURJ, an funding arm of Saudi Arabia’s Public Funding Fund, will reportedly make investments $1 billion in DAZN. That cash is known to be supplied on the situation that it underwrites the FIFA CWC acquisition.

“As soccer continues to construct vital momentum within the U.S., manufacturers could have a singular alternative to faucet into the eagerness of this sport, bridging sports activities and tradition collectively to have interaction with Hispanic shoppers,” mentioned Olek Loewenstein, president of world sports activities at TelevisaUnivision.

With a matter of months till the Membership World Cup’s kickoff, an English-language sublicensing deal has not been introduced but.

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