DAZN Sells Minority Stake to Saudi Arabia’s Surj Sports Investment in Landmark $1 Billion Deal

Surj Sports Investment, the sports investment unit of Saudi Arabia’s sovereign wealth fund (PIF), has acquired a minority stake in billionaire Len Blavatnik’s DAZN sports streaming service, in what is being touted as a landmark deal that could radically change the sports content ecosystem in the Middle East. The long-gestating agreement — widely believed to involve PIF […]