Sports streaming service DAZN to stop paying rights fees to leagues: source

FILE PHOTO: Web streaming carrier DAZN’s brand and Carry out Crew’s brand is pictured in DAZN’s workplace in Tokyo, Japan March 21, 2017. REUTERS/Kim Kyung-Hoon

(Reuters) – Streaming carrier DAZN Crew has instructed sports activities leagues it’s going to now not pay rights charges for any suspended or cancelled video games amid the coronavirus pandemic, in keeping with a supply aware of the subject.

The streaming carrier is the primary media corporate running in the US that has made up our minds to withhold charges, which might be paid to sports activities leagues for the best to air occasions, as broadcast networks have historically persevered to pay the charges when video games have now not aired. The transfer used to be first reported previous on Tuesday by means of Sports activities Industry Magazine.

DAZN may also now not pay for long run seasons till the corporate is given an replace on when the ones seasons will start, the supply stated.

DAZN didn’t wish to proceed paying the charges as it has no readability on when sports activities seasons will resume, and is enthusiastic about defraying prices, the supply added.

The streaming carrier, introduced in 2016, is to be had in 9 international locations together with the US and Canada. It streams boxing and combined martial arts (MMA) in the US and holds streaming rights for the Nationwide Soccer League and Primary League Baseball in Japan.

The unfold of the coronavirus has upended sports activities the world over, together with inflicting the Tokyo Summer time Olympics to be postponed for 365 days.

MLB stated previous this month it’s going to ward off the outlet of its 2020 common season, however didn’t say when it anticipated to start out the season. The Nationwide Basketball Affiliation previous this month additionally suspended its present season.

The NFL, which starts its common season in September, has now not introduced a extend because of the coronavirus.

Reporting by means of Sheila Dang in New York; Modifying by means of Matthew Lewis

Our Requirements:The Thomson Reuters Believe Rules.

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