Schwarz Group and DFL to invest in Dyn Media.

Schwarz Group, a German multinational retailer, and Deutsche Fußball Liga, the body for Bundesliga and 2. Bundesliga, agreed to invest in Dyn Media, a sports streaming platform. Financial terms were not disclosed. “The entrepreneurial involvement of industry champions such as the Companies of Schwarz Group and the DFL, alongside Axel Springer’s ongoing commitment, paves the way for Dyn Media’s continued growth. It also affirms our strategy of engaging sports fans in new ways through technologically innovative media concepts. The capital raised will enable us to expand our existing domestic offering, develop new business areas—such as adapting our media platform for third-party use—and potentially scale our concept internationally," Christian Seifert, Dyn Media Founder.