DAZN: "Strategic alternatives for Perform Content" the BtoB brand of the company

"Perform Group Financing PLC, the digital leader in sports media, notes recent press speculation concerning a potential 'spin-off' of Perform Content from the DAZN Group," said the British group specialised in the production and distribution of sports content on digital platforms, commenting on an article about shareholder Leonard Blavatnik's desire to sell Perform Content in order to focus on the OTT platform DAZN, published by the British daily The Telegraph on 15/10/2018.

"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," explained the group.

Perform Group announced that it is to become DAZN Group on 17/09/2018 (without…