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DAZN Streaming Service Seeks Exit From UEFA Asia Rights Deal
- Management wants out of contract for televised soccer rights
- Online sports service is cutting costs in wake of coronavirus
Photographer: UEFA/Getty Images
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DAZN, the sports streaming company owned by billionaire Len Blavatnik, is seeking an early exit from its contract to broadcast UEFA Champions League soccer in Asia, citing the Covid-19 pandemic and big changes to the schedule, according to people familiar with the situation.
In the past few days, the company has told UEFA and its marketing affiliate TEAM that it wants to terminate the money-losing contract before its expiration in mid-2021, saying Covid-19 has shrunk and rearranged matches, which are now being played in Portugal without fans, said the people, who asked not to be identified because the discussions are private.