DAZN Subscribers Revealed As Over 15m, Revenue Increases By Over 260% In 2 Years
DAZN, the global sports streaming service, today stated in its annual review that the acquisition of over 75 further sporting rights to the platform over the last year made it the world’s largest sports broadcaster.
DAZN confirmed a premium paying subscriber base exceeding 15m across its 200 markets. The revenue for 2022 was revealed as $2.3bn, which is a 67% increase from 2021, which in itself was a 79% increase from 2020, representing a growth of over 260% for the platform in 2 years.
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DAZN’s 2021 accounts were made public on Wednesday which showed that the network reported an overall loss of $2.33b bringing the company’s total losses over the last 3 years to $5bn. The operating loss came in at $1.36bn.
According to Sports Business, the broadcaster’s 2022 accounts, which have not yet been published, will show a much-needed improvement on the company’s 2021 accounts. The outlet reported that if DAZN’s Q4 2022 performance was extrapolated over an entire financial year, the company’s operating loss would be between $300m and $400m.
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DAZN’s extensive portfolio of rights features domestic football leagues in its primary markets including Italy’s Serie A, Spain’s La Liga and Germany’s Bundesliga and Japan’s J League.
The majority of DAZN’s finances are based on the performance of these markets, and whilst its boxing investment is a significant one with the likes of Matchroom, Golden Boy and Misfits providing content, it must be said that boxing plays a tiny part in the grand scheme for the broadcaster.
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How Many Subscribers Does DAZN Have?
The Network confirmed a premium paying subscriber base exceeding 15m across its 200 markets at the end of 2022.