For example, the $30 million per fight or whatever that they give Canelo is a number that worked under the old PPV model. Used by HBO and Showtime for Floyd/Pacquiao fights at the peak of their popularity.
If a PPV was successful there would be more than enough money to give the boxers that as a guarantee and even to pay them extra due to the upside.
But DAZN gets their revenue from subscriptions. And while I don't know the official number of subscribers they have I seriously doubt that it's enough to be turning a profit based on how much they spend.
So there's a question about how sustainable their business approach is.
1.7 billion yearly? No you clown most of their deals were multi year deals. 250 million revenue? When was that 2017? 8 mil subs at minimum $10 a month and this guy thinks revenue is only 250 mil yearly. :lol1: They doubled their subs in 6 months. They're growing. Netflix was an example that even the biggest get in debt to grow, someone as stupid as you didn't understand that. :dunce:
The point is, you're ok with DAZN losing crap loads of money.
You rationalize it and justify it.
But, when other fights and organizations have lost much less, turned a small profit, and actually leverage themselves into even better positions, you've been either critical or had little to nothing positive to say.
You're a fucquing hypocrite.
You sit tf down and watch DAZN continue to give you bullshyt cards 90% of the time. Til they up their game, I'll pass.
Im very curious how true the "verbal" agreement and handshake De la Hoya presented to DAZN promising a Canelo and GGG trilogy.
Its a major reason DAZN signed Canelo to a ludicrous contract.
Boxing is international programming. Joshua is far bigger in Europe than the US. You think they just wanted him for the US? Investing money. Like others are doing. Did you know Netflix recently borrowed another 2 billion to take their debt upto 13 billion? Are they in trouble too? :dunce::lol1:
DAZN double their subs in 6 months. They are on the right course. You don't know **** and you're trying to mislead people. Sit down clown and enjoy the ride.
You are pathetic.
A sad sack of shyt.
NetFlix?
Your silly azz said NetFlix?
You are comparing DAZN, a company going 1.7 billion in the hole yearly with revenues of about 250 million yearly with NetFlix?
NetFlix has annual revenue of almost 16 billion. They can afford 13 billion in debt, they are able to pay it down easily or go more in debt to get new programming paid for.
Stay in your lane fool.
You should learn when to STFU and take your L like a man.
Boxing is their international programming you idiot. You think only people in the US can watch it? FFS stop trying to chery pick numbers.
Oh you now know how much all their rights fees are?
GTFOH you clown. :rofl:
Again, you idiot...I compared US subs to what DAZN is paying out to attract US subs.
Your dumbazz decided to mention worldwide subs.
So, I mentioned worldwide rights fees.
Boxing and other combat sports comprise most of their US programming, so it is definitely the right comparison.
Btw, I don't recall you being so enthusiastic about a boxing venture losing so much money before...
if Fox ate a $20 million loss on the Ortiz PPV, then they must be pleased as punch with this new venture. Cant wait to see the guarantees for the Fury fight lol.
But I dont believe they did. Regardless of what you say.
The fight didn't lose 20 million. Gate plus PPV net was 20 million. Wilder is covered right there. You forget that PBC has started doing PPVs regularly because Haymon got a sweetheart deal from the PPV industry and the financial split is heavily heavily in his favor.
Ortiz was supposedly guaranteed 7 million. Unlikely sponsors, plus foreign rights, plus delayed broadcast rights reached 7 million, but in the end it's doubtful Fox lost more than a few million, they kept Wilder in the family, and they get to show the PPV in its entirety on FS1 and FS2 dozens of times over the next year or two. I doubt they're sweating anything here.
The problem with your maths is they have 8 million international subs. You think only the US subs count or something?
This is like Shwotime only counting viewers/PPVs from 1 state.
Completely tarded. :lol1:
They have 8 million worldwide subs of which slightly under a million are in the US.
Tell me something...what do you think DAZN puts out for ALL THE OTHER SPORTS PROGRAMMING THEY OFFER?
Do you have any idea how many different organizations they are paying out rights fees to?
I made the comparison with US subs versus only part of what they are putting out (3 guys actually) for one segment of their US programming.
And here you come flying in as if you actually have a point.
They are paying over 2.5 billion in rights fees this year...with 8 million subs worldwide.
In case your math is a little hazy...that's at least a 1.7 billion dollar yearly shortfall.
I wasn't trying to go there...but thanks to you, I felt compelled to.
This is why DAZN is looking for that 500 million in additional investment. They've been looking for it since October and they are still looking for it.
You got anymore smartazzed remarks, Einstein?
The math is very shaky.
They have under a million US subscribers. A million subs at best means 100 to 120 million. DAZN has generated under that in subs. Let's say its 110 million for argument's sake.
They paid Canelo over 33 million twice.
They paid AJ at least 20 million once and at least 10 million the second time.
They paid Golovkin 8 figures twice so that's another 20 million.
In case you haven't been counting, that's over 115 million for 3 dudes in 2019...and they were supposed to air 32 cards this year.
That's a whole other level of losing money...
Lol no, they didn't spend more money than PBC. Future commitments, yes. Currently, not even close.
We're all guessing on their subs. Nobody actually knows a damn thing. The haters will keep saying they're nowhere near 1m, but there's a ton of articles about them eclipsing that # - which may also be BS.
Securing more funding doesn't mean anything at all in regards to their financial health. Firms always look for more funding.
As for cancelled IPO, there's a million reasons for it, and in general, IPOs are no longer necessary, or at times even wanted for success of a firm. Great businesses go through so many rounds of PE funding that by the time it gets to an IPO, there's no meat left on the bone.
Not sure where you're getting that they "have to raise price". It doesn't even make sense. $20/mth is about the max a modern customer will pay for any one single service, anything over will make them lose subs. Raising price = lost total revenue. If you have a legit source that shows otherwise, please share.
DAZN is fine no matter how much you try to make it sound like it's going to fail tomorrow :) This thread is ~2 yrs premature.
Dazn is in desperate need of $500 million for upcoming rights fees. They don’t have it. Bankruptcy is coming boys.
it wasnt on ppv either genius. i was obviously referring to the ppv.
if Fox ate a $20 million loss on the Ortiz PPV, then they must be pleased as punch with this new venture. Cant wait to see the guarantees for the Fury fight lol.
But I dont believe they did. Regardless of what you say.
and based on the cost of events like Wilder-Breazeale and Wilder-Ortiz 2, he loses money even on PPV.
Unless of course all the bragging about Wilder getting $20 million for each of those fights was nonsense.......
fox paid the guarantees. try again. pbc didnt lose a dime.
hard to say. Their business model doesnt really allow for a "big payoff". Slow, steady growth is the only thing I can see working for them. And of course they need to try and get Sunday Ticket, or soccer, or other sports to help drive subs.......
Bingo. This mentality about "big payoff" is understandable, given it's controlled boxing economics for so long.
But other sports don't operate like that. The NFL doesn't charge PPV for the Superbowl. The barrier for entry is low, and they get a lot of viewers, who in turn watch the entire season. This is what the subscriber model is all about, and it leads to steady growth.
hard to say. Their business model doesnt really allow for a "big payoff". Slow, steady growth is the only thing I can see working for them. And of course they need to try and get Sunday Ticket, or soccer, or other sports to help drive subs.......
Getting the NFL would be their only chance.
A PPV with Fury and another one with Joshua will leave their coffers overflowing I think.
What is DAZN hoping that their big payoff is going to be?
hard to say. Their business model doesnt really allow for a "big payoff". Slow, steady growth is the only thing I can see working for them. And of course they need to try and get Sunday Ticket, or soccer, or other sports to help drive subs.......
to recoup a $20 million loss it would have to be one heck of a PPV for Haymons end to reach those numbers.....
A PPV with Fury and another one with Joshua will leave their coffers overflowing I think.
What is DAZN hoping that their big payoff is going to be?
For the sake of argument let's say that Haymon is indeed paying Wilder $20 million and losing money while he "subdidizes" his rise to bankable PPV player.
The possibility of recouping that money with one successful PPV is always going to be there.
How is DAZN hoping to recover all the money that they're spending? Relying on subscriptions alone seems farfetched.
to recoup a $20 million loss it would have to be one heck of a PPV for Haymons end to reach those numbers.....
the pot is easy to determine. dazn pays a license fee for the fight. that goes into the pot.
the problem with the wilder negotiations is that dazn wanted to hide from wilder what they were paying for the fight.
Don't know why you don't realize you're not making any sense.
Are you acknowledging DAZN is willing to spend more money than PBC? And you're penalizing them for doing so?
my bad, I thought it was.
but the point stands. If you think Showtime paid $20 million to Wilder for that fight then you need your head examined.
Obviously, if the "$20 million doe to match DAZN" rumors were true, then Haymon had to eat the loss.....
For the sake of argument let's say that Haymon is indeed paying Wilder $20 million and losing money while he "subdidizes" his rise to bankable PPV player.
The possibility of recouping that money with one successful PPV is always going to be there.
How is DAZN hoping to recover all the money that they're spending? Relying on subscriptions alone seems farfetched.
Wilder-Breazeale wasn't on PPV.
my bad, I thought it was.
but the point stands. If you think Showtime paid $20 million to Wilder for that fight then you need your head examined.
Obviously, if the "$20 million doe to match DAZN" rumors were true, then Haymon had to eat the loss.....