Berlin – The streaming service DAZN wants to stop payments to sports associations worldwide. This affects the sums due for canceled and postponed events, reports the industry services “Sportspromedia” and “Sportbusinessdaily”.
The staff should also be saved. According to information from the German Press Agency, short-time work is registered for some of the employees in Germany.
In a statement, it said: “Due to the effects of COVID-19 on sport, DAZN is examining a number of measures to enable the company to survive this difficult time and start again as soon as the live sport is available again.” The company did not want to comment on details.
Media providers specializing in live sports such as DAZN and Sky suffer particularly from the cancellation of sports events due to the spread of the corona virus. They currently mainly show documentaries and recordings from previous soccer games.
DAZN describes itself as the “world’s leading sports streaming service” and can be received in nine countries, including Germany since 2016. The range includes games from the soccer Bundesliga as well as the Champions and Europa League. The UK-based company announced in early March that it would expand to more than 200 countries and regions this year.
DAZN customers with a monthly subscription for EUR 11.99 can take a four-month break or even cancel immediately. The company made no statements regarding the number of layoffs to date. It looks different from the annual contract for 119.99 euros. “An annual subscription cannot be paused,” it says.