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Illustration: Aïda Amer/Axios

DAZN, an international sports streaming company, said Monday that it will expand to more than 200 countries and territories this year.

Why it matters: DAZN, pronounced "da-zone," is looking to take on ESPN as a global leader in sports streaming. Its current chairman, John Skipper, is the former president of ESPN.

Details: The company said it will host its first global event, a boxing match featuring Mexican superstar Canelo Alvarez, on May 2, the Saturday before Cinco de Mayo.

  • That match will mark the first phase of DAZN’s global expansion, which will be an English-language service focused on boxing. Pricing by market will be announced in the coming weeks, the company said in a release.
  • The company has invested heavily in professional boxing rights over the past few years. The channel will also include past fights that DAZN has had the rights to stream.
  • DAZN EVP Joseph Markowski, who currently heads the company's North American business, will oversee the global service.

The big picture: If you haven't heard of DAZN, it's because it's more popular in markets abroad, like Germany and Japan, and until recently, the company mostly has focused on boxing in the U.S.

  • But executives are hoping to change that. Sources have told Axios that the company is eyeing rights to major U.S. sports leagues, including the NFL.
  • The company has reportedly been looking to raise $500 million to float its bids.
  • DAZN currently operates in nine countries: Austria, Brazil, Canada, Germany, Italy, Japan, Spain, Switzerland and the U.S.

Go deeper: DAZN goes on offense

Go deeper

J&J and Merck to partner for COVID vaccine production to boost supply

Empty vials that contained a dose of the Johnson & Johnson vaccine against the COVID-19. Photo: Phill Magakoe/AFP via Getty Images

President Biden will announce Tuesday that pharmaceutical giant Merck will help Johnson & Johnson manufacture its newly authorized coronavirus vaccine to boost supply, a senior administration official tells Axios.

The big picture: The development has the potential to vastly increase supply, possibly doubling what the J&J could make on its own, the official said. The company has run into challenges while trying to expand its vaccine production to a global scale.

Casinos throw cash at sports betting media

Illustration: Sarah Grillo/Axios

Casinos are investing millions on sports betting content to lure bettors to their online and in-person sportsbooks.

Why it matters: It’s a mini gold rush for some sports media companies that were struggling in the pandemic.

Ben Geman, author of Generate
30 mins ago - Energy & Environment

Global carbon emissions rebound to pre-COVID levels

Newly released data show that global CO2 emissions had returned to pre-pandemic levels by the end of last year and surpassed them in some major economies.

Why it matters: The International Energy Agency warned that clean energy efforts are falling short.