London – 15 October 2018: Perform Group Financing PLC (the “Company”), the digital leader in sports media, notes recent press speculation concerning a potential “spin-off” of Perform Content from the DAZN Group. Recognising the significant growth opportunities within digital sports content, the Company confirms that the DAZN Group has initiated a review of strategic alternatives for Perform Content, and PJT Partners LP has been appointed to assist with this review.
The strategic review may not result in a transaction of any kind, and the DAZN Group continues to pursue its standalone growth initiatives following the previously announced rebranding and consolidation into two distinct brands: DAZN and Perform Content. Following the rebranding, DAZN, the consumer facing division, and Perform Content, the B2B division, have standalone, dedicated management teams and clear focused agendas and missions that better position both businesses to exploit their enormous growth opportunities.
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About DAZN Group
DAZN Group is the digital leader in global sports media and one of the fastest growing sports media companies in the world. With almost 3,000 employees in over 30 countries, its businesses partner with some of the biggest sports rights holders such as WTA, NFL, FIBA and CONMEBOL, and touch every aspect of the way fans engage with sports.
DAZN Group consists of two distinct brands: DAZN and Perform Content. DAZN, the consumer-facing division, consists of DAZN, the dedicated live and on-demand sports streaming service, and some of the world’s largest sports websites, such as Goal.com, SportingNews, and Spox.com. Perform Content is responsible for the group’s B2B activities, providing sports data, news and video to the world’s leading broadcasters, digital companies and sports books. Perform Content’s primary offerings include Opta, Watch & Bet, and RunningBall.
PJT Partners LP
PJT Partners LP is a SEC registered broker-dealer and is a member of FINRA and SIPC. PJT Partners LP is acting for the Company and / or its affiliates, and no one else, in connection with the matters described herein and will not be responsible to anyone other than the Company and / or its affiliates for providing the protections afforded to clients of PJT Partners LP, or for giving advice in connection with the matters described herein.