MayDay ShowPPV, less than 1M PPV buys?

[-DSG-]

Dang you didn't order that Pac vs. Marquez fight? what a shame I'm glad I ordered it I got to witness a true moneys worth action battle between two legends and history being made with the historical KO.

Best ppv money I've ever spent.

[dc3383]

I ordered the fight. I order all the big fights too.

So people can't say I am a hater, I like watching Floyd box, just don't like him talking big but never fighting threats at the right time.

What I noticed is the audience had a lot of empty seats scattered around.

I was there by the time the main event started you couldn't find a empty seat

[tacoboxer]

Public Relations was my minor so I can recognize a good spin when I see it...and this was brilliant! LMAO

I am as much of a fan of Floyd as anybody but his balls are lodged deep, DEEP in your throat right now. 900K when you've been averaging well over 1M is not good. Numbers don't lie. You can't spin that.

Don't understand why folks are getting so offended about calling out dismal PPV numbers. As a fan, I like it because it may force Floyd to fight more viable opponents. Stop being so sensitive. Y'all ain't getting any of that PPV money.

Looks like you should brush up on your PR minor... since you're having a hard time discerning spin from fact. Not to put too harsh a point to it but you lack understanding when you describe a 900K buy rate "dismal".

Can you and I agree that Ross Greenburg knows a little more about the ppv business than any 100 people we could pick in this silly chat room?

Essentially what your saying is that Ross Greenburg:
- has no idea what the hell he is doing....
- that he was caught off guard with this fight....
- that he has no idea how to evaluate the ppv business to produce a profitable event....


Do you realize that what your saying is your thoughts and ideas on this subject are more credible than Ross Greenburg?

Consider Mr. Greenburg's opinion regarding ppv... you can find the information below from http://en.wikipedia.org/wiki/Pay-per-view

"......only one pay-per-view mega-fight took place in 2006: De La Hoya-Mayorga (925,000 buys). Rahman-Maskaev bombed with under 50,000. The other eight PPV cards all fell in the 325,000–450,000 range. Pay-per-view fights in that range almost always generate more money for the promoter and fighters than HBO wants to pay for an HBO World Championship Boxing license-fee"

ALSO...

"HBO Sports President Ross Greenburg calls the expansion of pay-per-view "the biggest economic issue in boxing" and says:

"I can't tell you that pay-per-view helps the sport because it doesn't. It hurts the sport because it narrows our audience, but it's a fact of life. Every time we try to make an HBO World Championship Boxing fight, we're up against mythical pay-per-view numbers. HBO doesn't make a lot of money from pay-per-view. There's usually a cap on what we can make. But the promoters and fighters insist on pay-per-view because that's where their greatest profits lie."

BTW... you do know Mr. Greenburg is now with Showtime...

http://espn.go.com/blog/dan-rafael/post/_/id/3467/ross-greenburg-hired-by-showtime

But... of course... it's probably just a coincidence that the announcement of Greenburg's hiring came around the same time as Floyd announcing his new Showtime deal.

[handwraps]

Reposted from Dan Rafael



Thoughts on this if true? He also says that break even was between 1.1 - 1.2

If we see some losses on this; some fights are going to get cut

Discuss

It doesnt help that the payperview was $70.00

[HeroBando]

Looks like you should brush up on your PR minor... since you're having a hard time discerning spin from fact. Not to put too harsh a point to it but you lack understanding when you describe a 900K buy rate "dismal".

Can you and I agree that Ross Greenburg knows a little more about the ppv business than any 100 people we could pick in this silly chat room?

Essentially what your saying is that Ross Greenburg:
- has no idea what the hell he is doing....
- that he was caught off guard with this fight....
- that he has no idea how to evaluate the ppv business to produce a profitable event....


Do you realize that what your saying is your thoughts and ideas on this subject are more credible than Ross Greenburg?

Consider Mr. Greenburg's opinion regarding ppv... you can find the information below from http://en.wikipedia.org/wiki/Pay-per-view

"......only one pay-per-view mega-fight took place in 2006: De La Hoya-Mayorga (925,000 buys). Rahman-Maskaev bombed with under 50,000. The other eight PPV cards all fell in the 325,000–450,000 range. Pay-per-view fights in that range almost always generate more money for the promoter and fighters than HBO wants to pay for an HBO World Championship Boxing license-fee"

ALSO...

"HBO Sports President Ross Greenburg calls the expansion of pay-per-view "the biggest economic issue in boxing" and says:

"I can't tell you that pay-per-view helps the sport because it doesn't. It hurts the sport because it narrows our audience, but it's a fact of life. Every time we try to make an HBO World Championship Boxing fight, we're up against mythical pay-per-view numbers. HBO doesn't make a lot of money from pay-per-view. There's usually a cap on what we can make. But the promoters and fighters insist on pay-per-view because that's where their greatest profits lie."

BTW... you do know Mr. Greenburg is now with Showtime...

http://espn.go.com/blog/dan-rafael/post/_/id/3467/ross-greenburg-hired-by-showtime

But... of course... it's probably just a coincidence that the announcement of Greenburg's hiring came around the same time as Floyd announcing his new Showtime deal.

I don't know why we should be impressed, Greenburg was fired by HBO for locking them into an output deal with overpriced, uncompetitive fight. A real gain for Showtime.

But regardless, 900k is a huge success, unless you're paying a 32m guarantee and your break even point is 1.1-1.2. I don't know if either of those figures is correct, but just for illustration sake. Hell, 1.5m can be a bust with a guarantee high enough

[tacoboxer]

.....But regardless, 900k is a huge success, unless you're paying a 32m guarantee and your break even point is 1.1-1.2. I don't know if either of those figures is correct, but just for illustration sake. Hell, 1.5m can be a bust with a guarantee high enough

How come nobody does their homework... all they do is read an article and regurgitate it...

.... less than 1M ppv buys a failure
.... 1.1 - 1.2 to break-even

Let me do the math for you:

Even at 800,000 ppv buys at the lowest buy rate of $59.95 ($69.95 HD) we have ppv revenue of 48M... add the live gate of 9.9M... we are at 57.9M.

Now include revenue from (Assume an extremely conservative 2M):
-Corporate sponsorships: AT&T, Corona, O'Reilys Auto Parts, Valvoline, Star Trek Into Darkness

-Advertising revenue

-MGM Grand Garden Fees to host the event (yup... if you didn't know they pay to host)

-Food & Beverage Sales

-other concessions like shirts and hats

We are looking at a fight that generated $60M.... conservative.

-less 32M for Money
-less 3M for Guerrero

leaves $25M (at the suggested 1.2M break-even mark... this fight generated $84M leaving $49M to pay the bills.....)

All the while you have Iole and Raefel claiming the event was a bust and Showtime is losing money because the early projections (not even the official ppv numbers) are under 1M buys.

I believe that every makes money at 800k - 900K and if I am Showtime I can live with that.

The media, and GBP did their best to make Guerrero seem like he had a chance. ODL... playing promoter did his best to convince us that Guerrero's style would take Floyd out of his game plan.

Fight fans knew better...

Contrary to popular belief... the sky is not falling in Showtime or Mayweather's world.... the media only wants you to think it is.

[HeroBando]

How come nobody does their homework... all they do is read an article and regurgitate it...

.... less than 1M ppv buys a failure
.... 1.1 - 1.2 to break-even

Let me do the math for you:

Even at 800,000 ppv buys at the lowest buy rate of $59.95 ($69.95 HD) we have ppv revenue of 48M... add the live gate of 9.9M... we are at 57.9M.

Now include revenue from (Assume an extremely conservative 2M):
-Corporate sponsorships: AT&T, Corona, O'Reilys Auto Parts, Valvoline, Star Trek Into Darkness

-Advertising revenue

-MGM Grand Garden Fees to host the event (yup... if you didn't know they pay to host)

-Food & Beverage Sales

-other concessions like shirts and hats

We are looking at a fight that generated $60M.... conservative.

-less 32M for Money
-less 3M for Guerrero

leaves $25M (at the suggested 1.2M break-even mark... this fight generated $84M leaving $49M to pay the bills.....)

All the while you have Iole and Raefel claiming the event was a bust and Showtime is losing money because the early projections (not even the official ppv numbers) are under 1M buys.

I believe that every makes money at 800k - 900K and if I am Showtime I can live with that.

The media, and GBP did their best to make Guerrero seem like he had a chance. ODL... playing promoter did his best to convince us that Guerrero's style would take Floyd out of his game plan.

Fight fans knew better...

Contrary to popular belief... the sky is not falling in Showtime or Mayweather's world.... the media only wants you to think it is.

Nice thorough breakdown, you only forgot the share taken by DirecTV, Comcast, Dish, Uverse... You also forgot Showtime gets none of the gate, concessions and all of that, that's for the promoter. However given that SHO is GBP's house network, you're probably morally right.

[thuggery]

Nice thorough breakdown, you only forgot the share taken by DirecTV, Comcast, Dish, Uverse... You also forgot Showtime gets none of the gate, concessions and all of that, that's for the promoter. However given that SHO is GBP's house network, you're probably morally right.

Dont you know? Floyd fans are financial advisers, financial insiders, and manage huge sums of money on a daily basis so they know what they're talking about. Surely that gentleman isn't posting a bunch of gibberish.

[tacoboxer]

Please

Nice thorough breakdown, you only forgot the share taken by DirecTV, Comcast, Dish, Uverse... You also forgot Showtime gets none of the gate, concessions and all of that, that's for the promoter. However given that SHO is GBP's house network, you're probably morally right.

Forgot? More like left out.... because I don't believe I am able to effectively comment on those facets.

I can say that the Broadcaster (Showtime) makes very little on ppv... and distribution (cable, dish, ect....) have made up to 45% of ppv revenues.

Here is your opportunity to contribute something meaningful to the conversation...

[Big_L]

How come nobody does their homework... all they do is read an article and regurgitate it...

.... less than 1M ppv buys a failure
.... 1.1 - 1.2 to break-even

Let me do the math for you:

Even at 800,000 ppv buys at the lowest buy rate of $59.95 ($69.95 HD) we have ppv revenue of 48M... add the live gate of 9.9M... we are at 57.9M.

Now include revenue from (Assume an extremely conservative 2M):
-Corporate sponsorships: AT&T, Corona, O'Reilys Auto Parts, Valvoline, Star Trek Into Darkness

-Advertising revenue

-MGM Grand Garden Fees to host the event (yup... if you didn't know they pay to host)

-Food & Beverage Sales

-other concessions like shirts and hats

We are looking at a fight that generated $60M.... conservative.

-less 32M for Money
-less 3M for Guerrero

leaves $25M (at the suggested 1.2M break-even mark... this fight generated $84M leaving $49M to pay the bills.....)

All the while you have Iole and Raefel claiming the event was a bust and Showtime is losing money because the early projections (not even the official ppv numbers) are under 1M buys.

I believe that every makes money at 800k - 900K and if I am Showtime I can live with that.

The media, and GBP did their best to make Guerrero seem like he had a chance. ODL... playing promoter did his best to convince us that Guerrero's style would take Floyd out of his game plan.

Fight fans knew better...

Contrary to popular belief... the sky is not falling in Showtime or Mayweather's world.... the media only wants you to think it is.

if you did your homework you would know that the cable and satellite operators get half of the ppv money.