DAZN in talks to sell Perform business to Vista
DAZN is continuing to make moves as the company is expected to sell its Perform content business to Vista Equity Partners.
DAZN Group released a statement on the matter saying the company is “engaged in discussions with a potential buyer of Perform. Discussions of this matter are ongoing and a further announcement will be made if and when appropriate.” The deal is not yet finalized, so the financial terms have yet to be released and there is still potential for the deal to all through.
DAZN is looking to sell Perform to aid in acquiring more live sports rights. Currently, DAZN is well know outside of the U.S. for it’s soccer coverage, most notably La Liga, Premiere League and the English Football League. DAZN’s U.S. approach has featured combat sports with the likes of Bellator MMA and a host of boxing series.