BoyleSports has confirmed to media that Mark Kemp has chosen to step down as Chief Executive of the Irish bookmaker. Kemp is understood to be leaving the Dundalk business, to take an executive position within the new sportsbook division of DAZN – the multi-billion-pound financed streaming platform backed by Sir Leonard Blavatnik’s Access Industries fund. The decision sees Kemp leave …
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BT Group has this morning revealed that it has entered ‘exclusive discussions’ with Discovery Inc to create a new sports broadcasting joint-venture for UK audiences. The update sees BT counter news reports that OTT platform DAZN, had won the bid to acquire its UK sports media rights, taking control of BT Sport’s Premier League and UEFA Champions League content. Dealmakers …
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DAZN is nearing its objective to acquire BT Sport, with the aim to become a major sports broadcaster within the UK, showcasing Premier League and UEFA Champions League matches. Citing sources ‘familiar with the matter’, Reuters reports that DAZN is finalising a deal in the region of $800 million (£580m) to acquire BT Sport, the network that has challenged Sky …
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The eyes of tech and sports business will be firmly focused on today’s official launch of DAZN US property, Perform Group’s OTT service which aims to become ‘the Netflix of sports’. Backed by US private equity mogul Len Blavatnik’s Access Industries, DAZN seeks to revolutionise sports viewership, distribution and engagement across all continents. This summer, Perform Group stated its intent …
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Len Blavatnik’s firm Access Industries, which has investments in the media & technology sectors, is reported to have rejected a number of co-funding approaches from US tech giants in Perform Group (Perform). This weekend The Daily Telegraph reported that Blavatnik had turned down equity funding partnerships from the likes of Amazon, Facebook and YouTube, as Access Industries aims to turn …
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Sports data and media rights operator Perform Group today formally announced the delisting of its shares from the London Stock Exchange, following the acquisition of a majority shareholding by Access Industries. Access Industries has confirmed that it now holds, or has been offered, a total of 87% of Perform Group shares. Perform Group will continue to execute its growth strategy …
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Perform Group is to be de-listed from the London Stock Exchange following reports that private investment group Access Industries is set to acquire the media rights and data operator. In September Access Industries lead by US billionaire Len Blavatnik had begun its pursuit of Perform Group, offering a + £700 million cash offer to company shareholders. Perform Group governance appealed …
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