DAZN stops payments and reports short-time work

This affects the sums due for canceled and postponed events, report the industry services Sportspromedia and Sportbusinessdaily . There should also be savings in personnel. According to information from the German Press Agency, short-time work is being registered for some of the employees in this country. A statement on Wednesday said: “Due to the impact of COVID-19 on sport DAZN a series of measures to enable the company to get through this difficult time and get started as soon as there is live sport again.” The company did not want to comment on details. Media providers specializing in live sports such as DAZN and Sky are particularly suffering from the cancellation of sporting events due to the spread of the coronavirus. They currently mainly show documentaries and recordings of previous football games. DAZN describes itself as the “world’s leading sports streaming service” and is available in nine countries. The company, headquartered in Great Britain, announced at the beginning of March that it would expand into more than 200 countries and regions this year. DAZN -Customers with a monthly subscription for 11,99 euros can take a four-month break or even cancel immediately. The company did not provide any information on the number of layoffs that have occurred so far. The situation is different with an annual contract for 119,99 euros. “An annual subscription cannot be interrupted,” it says.

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DAZN stops payments and reports short-time work

The streaming service DAZN wants to stop payments to sports associations worldwide.

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