DAZN, the sports streaming platform backed by British-American billionaire Len Blavatnik, is exploring a possible tie-up with DirecTV Latin America that could include an acquisition or purchase of digital assets [1, 2]. Discussions between the companies have been ongoing since last year and are currently focused on establishing a commercial partnership [1, 2].
An acquisition is unlikely before the conclusion of the 2026 FIFA World Cup, as the tournament's end will provide better clarity for valuing the business [1, 2]. DirecTV Latin America, controlled by Argentina-based Grupo Werthein since 2021, operates across South America and the Caribbean. It reaches about 40 million viewers and holds broadcast rights for the 2026 FIFA World Cup in countries including Argentina, Chile, Colombia, and Uruguay [1, 2].
DAZN previously acquired Australia's pay-TV operator Foxtel in 2024 for $2.1 billion as part of its global expansion strategy [1, 2]. DAZN's platform streams multiple sports such as boxing, American football, baseball, and European soccer leagues including Serie A, LaLiga, Bundesliga, and Ligue 1 [1, 2]. Its business model depends heavily on securing broadcasting rights and selling subscriptions, which requires ongoing capital investment [1, 2].
The company has seen its losses shrink from $1.4 billion in 2023 to $936 million in 2024 thanks to repeated capital injections from Blavatnik [1, 2].
DAZN sub-licensed the 2025 FIFA Club World Cup broadcasting rights to DirecTV Latin America. It will also stream national team World Cup matches in markets like Japan, Italy, and Spain [1, 2].
DAZN, DirecTV Latin America, and Grupo Werthein declined to comment or said they had no information on the talks [1, 2].
Grupo Werthein acquired DirecTV Latin America from AT&T in 2021, and the ongoing negotiations with DAZN were first reported in May 2026 [1, 2]. The 2026 FIFA World Cup scheduled for late 2026 will likely set the timetable for any final deal [1, 2].