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German Regulator Clears DFL to Acquire 6.5% Stake in Sports Streamer Dyn

The approval follows a recapitalisation that installs Springer and Schwarz as equal lead owners.

Dyn bietet seit 2023 Livesport an

Overview

  • The Bundeskartellamt authorized the DFL to buy a 6.5% stake in Dyn Media, finding no competition concerns or added influence over Bundesliga media-rights allocation.
  • Post-capital increase, Axel Springer and the Schwarz‑Gruppe each hold about 42.5% of Dyn, with founder Christian Seifert retaining roughly 9% and the DFL set to take 6.5%.
  • The European Commission had previously cleared the Schwarz‑Gruppe’s entry, completing the new shareholder structure at the streaming platform.
  • Dyn focuses on non-football sports such as hockey, table tennis, volleyball, basketball, and handball, and says it does not plan to purchase football rights though it can serve as a technical platform.
  • The DFL frames the move as exploring future monetisation and direct-to-consumer possibilities, while existing domestic TV contracts signed in December 2024 run for four years, limiting near-term changes.