According to the latest accounts filed for 2023, GAAGO Media's revenues soared by over 100%, primarily propelled by their successful paywall deal for GAA championship games, showcasing the increasing demand for streaming sports content.
The firm not only achieved a remarkable increase in revenues to €5.23m but also paid a €1.2m dividend to its owners, indicating robust financial health despite the backlash for placing significant GAA matches behind a paywall.
In light of forecasts projecting continued profitability through to September 2025, the directors of GAAGO expressed confidence in the company's operational status, reflecting a potentially positive outlook for sports streaming amidst evolving market conditions.
As GAAGO pushes to retain domestic broadcast rights for the upcoming season, the competition is heating up, yet the company’s international game broadcasting remains secure, highlighting its dual market strategy.
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