DAZN is reportedly closing in on a groundbreaking broadcast deal that will see Eddie Hearn and Frank Warren under the same banner for the first time.

The deal would mark a seismic shift in boxing’s landscape, with Hearn’s Matchroom Boxing holding an exclusive rights deal with the American streaming service since 2021.

Multiple sources have confirmed that DAZN are confident of finalising a long-term UK global rights deal with Warren’s Queensberry Promotions in the coming weeks, The Times reports.

Anthony Joshua, who is promoted by Hearn, is committed to a career-long deal with DAZN and holds equity in the streaming service.

Tyson Fury is promoted by Warren and any deal would represent the first time two heavyweight stars of British boxing have been aligned to the same broadcaster.

Their long-awaited bout has been mooted to happen next year with Queensberry’s contract with TNT Sports set to expire then. It would essentially make the DAZN app the home of UK boxing.

It has previously chosen to strike sub-licensing TV deals with both TNT and Sky to maximise the profile and revenue of pay-per-view fights involving Joshua and Fury in Saudi Arabia over the past year.

The recent influx of Saudi riches into boxing has seen Hearn and Warren set aside their differences to ensure they maximise the lucrative opportunities in Riyadh.

Fury is scheduled to rematch Oleksandr Usyk in a rematch in December after suffering his first pro career lost against the Ukrainian in May.

Meanwhile, Joshua faces fellow Brit Daniel Dubois at Wembley in September for the IBF heavyweight title that Usyk recently vacated on the first Saudi-backed card to be staged in the UK.

The deal would then theoretically clear Joshua and Fury to face each other, either in Riyadh or London in 2025, in what would arguably be the most anticipated fight in British boxing history.

DAZN was launched in 2015 by the billionaire Sir Len Blavatnik and has claimed it is on track to become the ‘global home of sport’.

However, it’s experienced limited success outside of boxing with an audacious bid failed last year to broadcast all 1,656 English Football League matches.

The company reported annual losses of $1.26billion (about £98billion)) for 2022, although that represented a marked improvement on its $2.18billion loss in 2021. Its revenue also increased by $639million, or 41 per cent, to $2.2billion.

DAZN subscribers are charged £19.99 a month and can cancel at any time. Joshua and Fury’s recent bouts in Saudi Arabia being aired on its pay-per-view service for an additional fee. Both Queensberry and DAZN declined to comment when asked by The Times.