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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

$1.2 trillion "hard" infrastructure bill clears major procedural vote in Senate

Photo: Kevin Dietsch/Getty Images

The Senate voted 67-32 on Wednesday to advance the bipartisan $1.2 trillion infrastructure bill.

Why it matters: After weeks of negotiating, portions of the bill remain unwritten, but the Senate can now start debating the legislation to resolve outstanding issues.

Fed chair says he isn't concerned by Delta surge

Fed Chairman Jerome Powell at the G20 finance ministers and central bankers meeting in Venice last month. Photo: Andreas Solaro/AFP via Getty Images

One of the country's most influential economic officials doesn't anticipate that surging coronavirus cases will knock the reopening recovery off course.

What he's saying: "There has tended to be less economic implications from each [coronavirus] wave. We'll see if that's the case for the Delta variety," Federal Reserve Chairman Jerome Powell told reporters today.

Updated 4 hours ago - Economy & Business

Ubisoft workers demand company accountability in open letter

Photo: Frederic Brown / Getty Images

Close to 500 current and former employees of “Assassin’s Creed” publisher Ubisoft are standing in solidarity with protesting game developers at Activision Blizzard with a letter that criticizes their company's handling of sexual misconduct.

Why it matters: Ubisoft and Activision Blizzard workers are framing the actions as part of a bigger movement meant to have lasting change in the industry and its culture.