Next TV deal discussion 2028 -

[i0Nic]

If 10 are serious about a bid it could be interesting. If foxtel and nine can’t afford to pay the nrl as much as they want, MNF can go to either 7 or 10 along with origin.

I see it as more and more likely that the fta rights to be split across two channels which would actually be a good thing as it might encourage competition for better production values.

 

[BODISGOD]

They cant be too broke if they just paid way overs for Foxtel …. Might not prove to be a good investment if they lose the NRL right ?

Most of the Foxtel deal was in paper, Telstra and News Corp took shares in DAZN in return. They covered the debt, that’s the cash element. It was about $700 million.

They’ve taken on billions of “funding” with no profits, they rely on that, close to £10 billion pounds. It’s also over a year ago now.

Like they are definitely not buying Foxtel to crater the investment but remember that the cash outlay was comparatively low. It’s sunk cost fallacy stuff, they could in fact probably make the cash outlay back in a couple of years by pulling the plug on the NRL. The thing is that I only think that happens if the money gets silly, which would be good news for the NRL, id have thought.

 

[Mother Nature's Son]

Most of the Foxtel deal was in paper, Telstra and News Corp took shares in DAZN in return. They covered the debt, that’s the cash element. It was about $700 million.

They’ve taken on billions of “funding” with no profits, they rely on that, close to £10 billion pounds. It’s also over a year ago now.

Like they are definitely not buying Foxtel to crater the investment but remember that the cash outlay was comparatively low. It’s sunk cost fallacy stuff, they could in fact probably make the cash outlay back in a couple of years by pulling the plug on the NRL. The thing is that I only think that happens if the money gets silly, which would be good news for the NRL, id have thought.

What are you talking about.
DAZN paid $3.4b for Foxtel, way, way over market expectations which were about $1.5b, of the $3.4b about $800m went to clear debts that Foxtel owed its former parents Fox and Telstra. Valuation $2.5b.
Fox and Telstra kept a 9% stake in the new entity, assuming that`s based on $2.5b ($3.4m-$800m) that`s $225m, leaving an actual cash outlay by DAZN of $2.275b for the purchase of Foxtel.
DAZN said at the time they bought Foxtel because they saw it as a cutting-edge pay tv and streaming service honed through operating in one of the most competitive sports markets in the world, i.e. Oz, that they could expand and take to the world in line with Blavatnik`s vision for DAZN.
Before he can realise that ambition he is going to have it paying its way in Oz, "pulling the plug" on NRL won`t be part of that.

 

[storm1999]

If 10 are serious about a bid it could be interesting.

10 is a basket case. Its ratings share often struggles to nudge 10%. No major sporting code will want their games on the network.

 

[i0Nic]

10 is a basket case. Its ratings share often struggles to nudge 10%. No major sporting code will want their games on the network.

But for 10 winning the NRL would absolutely change the game for them and bring them right up to 7 and 9. Might be worth putting a big offer to achieve that. It depends on the strategy of their new owners and it seems like they’re willing to make some big changes.

 

[BuffaloRules]

M

10 is a basket case. Its ratings share often struggles to nudge 10%. No major sporting code will want their games on the network.

It’s also owned by a massive global entertainment company now… will the situation you describe always be the case ? It really comes down to what plans they have for the network I think .,.. they were invited to Vegas and said they will consider a bid on the rights ….i guess we will see

 

[Mother Nature's Son]

It really comes down to what plans they have for the network I

Initial announcements have stated that the FTA station will remain and become an arm of their streaming service.

 

[BuffaloRules]

Initial announcements have stated that the FTA station will remain and become an arm of their streaming service.

“Remain” ….ok …. It really needs to be overhauled and rejuvenated … they have been a long way behind the other two for decades now …

 

[BODISGOD]

What are you talking about.
DAZN paid $3.4b for Foxtel, way, way over market expectations which were about $1.5b, of the $3.4b about $800m went to clear debts that Foxtel owed its former parents Fox and Telstra. Valuation $2.5b.
Fox and Telstra kept a 9% stake in the new entity, assuming that`s based on $2.5b ($3.4m-$800m) that`s $225m, leaving an actual cash outlay by DAZN of $2.275b for the purchase of Foxtel.
DAZN said at the time they bought Foxtel because they saw it as a cutting-edge pay tv and streaming service honed through operating in one of the most competitive sports markets in the world, i.e. Oz, that they could expand and take to the world in line with Blavatnik`s vision for DAZN.
Before he can realise that ambition he is going to have it paying its way in Oz, "pulling the plug" on NRL won`t be part of that.

You are repeating what I said. The cash element is just the shareholder debt, everything else other debts and paper in DAZN itself. The actual outlay was only the paper.

These were shares in a business with accumulated losses of £10 billion and running close to £1 billion in annual losses. Like the Saudis putting £1 billion in for 10%, the shares provided roughly valued DAZN at £10 billion. To be clear, this is not a public market valuation. All the investors would value it themselves and so they did here.

Given their new shareholders, it might not be a surprise that they have actually now started to focus on costs.

They made grand statements on an acquisition, amazing stuff. They also made grand statements when they acquired French football rights.

August 2024

DAZN the new home of Ligue 1 Mcdonald’s in France with landmark deal to broadcast all matches - DAZN

View the latest breaking news and updates from the world of boxing. Find out what we've been up to, stay up to date with DAZN.

dazngroup.com

By February 2025, DAZN withheld €35 million for rights payment and were in court with Ligue 1.

Ligue 1 in Dire Straits After Divorce From Streaming Partner DAZN

Ligue 1 is in a challenging financial position after the French soccer league’s media rights deal with DAZN fell apart this week.

frontofficesports.com

You are again repeating what I said on DAZN cutting the NRL. I have my doubts that they could materially lift the rights amounts they pay, but that doesn’t mean cut.

What I said was that the scenario I see of that happening is if bidding got crazy, which would be good for the NRL.

 

[BODISGOD]

But for 10 winning the NRL would absolutely change the game for them and bring them right up to 7 and 9. Might be worth putting a big offer to achieve that. It depends on the strategy of their new owners and it seems like they’re willing to make some big changes.

Wall St. Sours on the Ellison Deal: ‘This Should Not Be a Public Company’

Analysts warn that debt, shaky financing and a Middle East war could derail history’s largest test of legacy media

theankler.com

 

[taste2taste]

10 is a basket case. Its ratings share often struggles to nudge 10%. No major sporting code will want their games on the network.

They struggle because they don't have a Tier A sport.

Which is exactly the reason they would want NRL.

 

[Last Week]

They struggle because they don't have a Tier A sport.

Which is exactly the reason they would want NRL.

10 have had Rugby League in the past and AFL about 15 years ago. Didn't change a thing. Their news programs just don't cut it, and they know it which is why they don't bother competing in the 6pm timeslot.

They just can't get into the Seven and Nine monopoly.

10 are just a symptom of Australia's lack of media (all forms) competitiveness.

 

[Foreign Legion]

10 have had Rugby League in the past and AFL about 15 years ago. Didn't change a thing. Their news programs just don't cut it, and they know it which is why they don't bother competing in the 6pm timeslot.

They just can't get into the Seven and Nine monopoly.

10 are just a symptom of Australia's lack of media (all forms) competitiveness.

Hay don't you ever "dis" Ten, I spent a lot of good years watching "Days of Our Lives" and "Bold and the Beautiful" with my grandma.

Show some respect.

 

[Wb1234]

If New Zealand is added during the next tv deal then the nrl will have two more games a week to sell not one

Plus an nz team will be worth a bit to sky nz or Dazn if they push into nz

So the case for nz2 from a tv pov is compelling.

Even with Monday night footy they are running out of timeslots

Dazn might become the broadcaster for rugby league globally

 

[BuffaloRules]

Dazn might become the broadcaster for rugby league globally

that Irish guy reckons they have no money

 

[insert.pause]

Hay don't you ever "dis" Ten, I spent a lot of good years watching "Days of Our Lives" and "Bold and the Beautiful" with my grandma.

Show some respect.

Ten with cheeseTV in the morning & the simpsons at night, society went downhill after the 90s.

 

[BODISGOD]

that Irish guy reckons they have no money

What I’ve said is factual.

- they have £10 billion in accumulated losses
- in the most recent period the losses were £1 billion
- they have looked to cut rights fees globally

The losses were historically funding by Lavantick but more recently Saudi came in.

I think that’s important when people just throw out names and rights values.

There is a difference with Foxtel in that it was still profitable when purchased and still is carried in a legacy sort of way.

Context matters. Same goes for Paramount- it’s unlikely that someone in Australia is going to be signing off on a huge tv rights deal there. Not when CBS are renegotiating with the NFL and face a big increase. Or when $80 billion in debt is being saddled on them and they are going to be slashing costs with the stock ticking down.

 

[BuffaloRules]

What I’ve said is factual.

- they have £10 billion in accumulated losses
- in the most recent period the losses were £1 billion
- they have looked to cut rights fees globally

The losses were historically funding by Lavantick but more recently Saudi came in.

I think that’s important when people just throw out names and rights values.

There is a difference with Foxtel in that it was still profitable when purchased and still is carried in a legacy sort of way.

Context matters. Same goes for Paramount- it’s unlikely that someone in Australia is going to be signing off on a huge tv rights deal there. Not when CBS are renegotiating with the NFL and face a big increase. Or when $80 billion in debt is being saddled on them and they are going to be slashing costs with the stock ticking down.

Sounds like all the potential candidates are broke

Maybe the NRL won’t be able to find a buyer and will need to beg the ABC to show a game a week for nothing…

It’s the most popular TV sport in the country now too, and no ones got any money apparently to afford to pay for it ..Alanis Morisette could write a song about that

I don’t know why PVL is acting so smug since meeting all these guys in Vegas three weeks ago and is since wanting to throw hundreds of millions of pounds at the Super League… what on earth is he thinking ?

 

[BODISGOD]

Sounds like all the potential candidates are broke

Maybe the NRL won’t be able to find a buyer and will need to beg the ABC to show a game a week for nothing…

It’s the most popular TV sport in the country now too, and no ones got any money apparently to afford to pay for it ..Alanis Morisette could write a song about that

I don’t know why PVL is acting so smug since meeting all these guys in Vegas three weeks ago and is since wanting to throw hundreds of millions of pounds at the Super League… what on earth is he thinking ?

He hasn’t negotiated anything.

The world has changed since then, both macro wise and specifically with the war.

I never said broke, I just pointed out the broader environment. This just can’t be ignored. I personally think they should be in no rush given what’s going on in the world, they’re not the only ones either.

 

[BuffaloRules]

He hasn’t negotiated anything.

The world has changed since then, both macro wise and specifically with the war.

I never said broke, I just pointed out the broader environment. This just can’t be ignored. I personally think they should be in no rush given what’s going on in the world, they’re not the only ones either.

You haven’t a clue as to what has been discussed to date and where the negotiations are placed at the moment…they didn’t just start discussing this in Vegas

Having said that .. I’m sure the NRL won’t be making any long term calls that don’t suit them … this time …they went down that path the last time and they themselves are now much better off then back then. This war can be over at any time … thats only a declaration of victory away.. and those poll numbers keep on slipping and there are mid terms to be fought ..

I will also say if PVL wants to use any smaller than expected increase in TV money for the Super League and takes it away from the Clubs and players here , they will put him through the wood chipper … I would have no idea why he would be contemplating that if money is going to be tight