Comments Thread For: DAZN's 2021 Loss Widens to $2.3 Billion; Operating Loss To $1.36 Billion

[CubanGuyNYC]

Serious numbers. Yeesh.

[tomhawq]

I don't know what the big deal is all about in the perspective of ordinary folks. A billionaire loses money on his investments and he still have some more left. Would you rather have him kept it in the bank and not employ hundreds of people, spread the wealth around? Look at Elon Musk buying a dying company for how much like he just bought candies. It's not my money, why would I care?

Billionaires spend money watching drunken sailors spend their money.

[The Big Dunn]

How is Haymon clearly "understanding the business" when he has lost the backing from every Network that has ever invested into PBC except Showtime and has had to put most every and any meaningful fight on PPV?

ABC,NBC,CBS,ESPN,FOX,FS1
BOUNCE,SPIKE,TBS.....all have jumped off that ship. PBC's initial launch motto was "bringing boxing back to free tv!!".. Haymon has failed at that has he not? Seems clear to me both Hearn AND Haymon have failed to "understand the business". Haymon putting fights on PPV came out of nothing other than necessity and failure,not profit.

HBO was getting out of the business. That isnt on Haymon. Covid cost him his TV deals so he adapted to keep his business afloat.

His ppv model is now used by all his competitors. If this was any other scenario youd give credit.

He did have boxing on free TV until circumstances made that untenable so he did it out of necessity. How is that a bad thing?

You shouldnt be disingenuous and pretend Haymon just up and switched without a reason.

[MastaBlasta]

How is Haymon clearly "understanding the business" when he has lost the backing from every Network that has ever invested into PBC except Showtime and has had to put most every and any meaningful fight on PPV?

ABC,NBC,CBS,ESPN,FOX,FS1
BOUNCE,SPIKE,TBS.....all have jumped off that ship. PBC's initial launch motto was "bringing boxing back to free tv!!".. Haymon has failed at that has he not? Seems clear to me both Hearn AND Haymon have failed to "understand the business". Haymon putting fights on PPV came out of nothing other than necessity and failure,not profit.

Amazing how some conveniently "forget" the impact of a pandemic. The impact of all of society shutting down minus "essential personnel". Forget the damage that 22 months of everything operating understaffed, under-supplied, and customers showing up sporadically. The impact of half of everyone's budgets suddenly being dicey. On and on .....

But let's pretend none of that happened .... and everyone we don't like is just a bad business-person.

LoLoL! Some people's ADD-inflicted minds are clearly on vacation .... and the pettiness is only surpassed by the mean-spiritedness and ***********.

DAZN lost money and have admitted to being wrong about where PPV was going. It's REALLY that simple, and they have said so. It's not PBC's fault .... and PBC is still putting fights on and advising fighters. It's sad so many are SO FULL of venom ... but take a ****, try to expel it .... and become a boxing fan. LOL!

Boxing will go on no matter who the players are. There will be waves of who's up and who's down (and why). Try to find something peaceful and pleasant to center your emotions around.

[Sctrojan]

HBO was getting out of the business. That isnt on Haymon. Covid cost him his TV deals so he adapted to keep his business afloat.

His ppv model is now used by all his competitors. If this was any other scenario youd give credit.

He did have boxing on free TV until circumstances made that untenable so he did it out of necessity. How is that a bad thing?

You shouldnt be disingenuous and pretend Haymon just up and switched without a reason.

The only one being disingenuous here is yourself homeboy,along with the moron below but he isn't worth the time.

More than half of those major networks deals PBC had ended BEFORE any restrictions or the stay at home orders were rolled in so try again. Were well beyond any restrictions now and FOX is gone as well,pandemic? No.

These "circumstances" as you conveniently put it,that forced Haymon to resort to PPV were because his inability to understand the business just like Hearn. You don't give networks the fights the public clamor for that bring in ratings and in turn revenue?....you FAIL. Simple as that. Theres no way to spin that,neither the pandemic nor "circumstances" had anything to do with those seemingly obvious oversights.

And no,I'm not giving any other promoter "credit" by having to resort to PPV to keep thier business afloat,fleecing us fans in the process. Why would anyone want to praise MORE ppvs,doesnt make any goddamn sense? Why would anyone want to pay more for something,especially for inferior products??Let's not be so obtuse to think Haymons putting on Ruiz's vs Ortiz's,Martins vs Ortiz's,Wilder vs Helenius's,Thurman vs Barrios's...because he's making money on them hand over fist. Those that don't have their heads buried in sand know why,and I'm positive you do as well.

The conversion was brought on by your statement that "haymon has a better understanding of the business".Which with the facts I've stated,he clearly doesn't. Nothing more,nothing less.If youre going to claim DAZN/Hearn a failure,cool but Haymon and PBC are no exception.

[The Big Dunn]

The only one being disingenuous here is yourself homeboy,along with the moron below but he isn't worth the time.

More than half of those major networks deals PBC had ended BEFORE any restrictions or the stay at home orders were rolled in so try again. Were well beyond any restrictions now and FOX is gone as well,pandemic? No.

These "circumstances" as you conveniently put it,that forced Haymon to resort to PPV were because his inability to understand the business just like Hearn. You don't give networks the fights the public clamor for that bring in ratings and in turn revenue?....you FAIL. Simple as that. Theres no way to spin that,neither the pandemic nor "circumstances" had anything to do with those seemingly obvious oversights.

And no,I'm not giving any other promoter "credit" by having to resort to PPV to keep thier business afloat,fleecing us fans in the process. Why would anyone want to praise MORE ppvs,doesnt make any goddamn sense? Why would anyone want to pay more for something,especially for inferior products??Let's not be so obtuse to think Haymons putting on Ruiz's vs Ortiz's,Martins vs Ortiz's,Wilder vs Helenius's,Thurman vs Barrios's...because he's making money on them hand over fist. Those that don't have their heads buried in sand know why,and I'm positive you do as well.

The conversion was brought on by your statement that "haymon has a better understanding of the business".Which with the facts I've stated,he clearly doesn't. Nothing more,nothing less.If youre going to claim DAZN/Hearn a failure,cool but Haymon and PBC are no exception.

Stop it dude. The pandemic altered plans and necessitated a different model.

I never claimed he was making money like you suggest. He did what was needed to keep the business afloat. He continues to work with SHO so clearly something is working.

Those fight are not the kind we associate with classic ppv. Agreed. That said they have to be put on ppv to likely break even or make the slightest profit.

PBC and Haymon are not losing dazn kind if money, developed Tank in to a bonafide draw, and the competition is copying their ppv model. Haymon realized ppv was the best way forward.

If he was failing, dazn, blk and everyone else wouldnt be going down the path he carved out.

[Sctrojan]

Stop it dude. The pandemic altered plans and necessitated a different model.

I never claimed he was making money like you suggest. He did what was needed to keep the business afloat. He continues to work with SHO so clearly something is working.

Those fight are not the kind we associate with classic ppv. Agreed. That said they have to be put on ppv to likely break even or make the slightest profit.

PBC and Haymon are not losing dazn kind if money, developed Tank in to a bonafide draw, and the competition is copying their ppv model. Haymon realized ppv was the best way forward.

If he was failing, dazn, blk and everyone else wouldnt be going down the path he carved out.

Now you're intentionally being obtuse homeboy,carry on.

[The D3vil]

And yet since Elon acquired Twitter it's value has only went up by billions coincidence, i don't thinks so.

Frankly I don't care about your opinion on the matter the market dictates it's value same with Netflix or DAZN, too many of you people are basing shít on feelings rather than the reality of the market...

What are you talking about?

I was rooting for Elon to buy Twitter if he was going to allow us to have any opinions we want like it used to be.

All I'm doing is reporting what is easily available.

Owning Twitter has been disastrous for Elon Musk so far, financially.

The staff's walked out, all the advertisers have left, and plenty of high-profile celebrities have left.

[Boro]

What are you talking about?

I was rooting for Elon to buy Twitter if he was going to allow us to have any opinions we want like it used to be.

All I'm doing is reporting what is easily available.

Owning Twitter has been disastrous for Elon Musk so far, financially.

The staff's walked out, all the advertisers have left, and plenty of high-profile celebrities have left.

Exactly what I was initially talking about just because something seems like a "failure" doesn't mean it is.

Twitter went from $37 a share to $54 just from his mentioning of buying it...

The staff walked out, don't you mean he got shot of over half of them?

it's also not so much advertisers leaving that's an issue, it's the lack of interest from new advertisers.

As for celebrities who really cares about far-left leaning lunatic celebrities leaving.

Lastly Musks financial woes started before the acquisition of twitter, Tesla has been plummeting before he closed on twitter and the consequences of that are far more impactful for him as Tesla is his bread and butter and without it he has no way to sort out any of his liabilities.