Showtimes not focusing on profit with Mayweather.

[al-Xander]

Yup showtime is focused on making losses, which is exactly why they got floyd, cos they knew deep down his ppv numbers are driven by mexican holidays and stacked undercards rather than legitimate star power.

They thought they're going to make truckloads of money off of Mayweather's PPVs. What they bought was like a refrigerator without a freezer. And they still have to buy it separately.

The cash cow they invested in had to be supported with expensive undercards and promoted heavily. The number of non PPV fights they have produced is abysmal. You can count them with your five fingers since the hype. Subscribers have been fed with Malignaggi and Judah and Star vs Bum types.

[Beater_of_ass]

Well i actually am a fin advisor, though this is more of a strategic move you'd expect a management consultant to devise or a marketing "guru". Not really in my field of expertise as i haven't covered it since my days at uni. Also i mentioned HBO's superior product and subscribers. The Floyd move is designed to bridge that gap.

Then Showtime didn't do what they wanted, it's like the Thunder taking LeBron and still losing to the Heat in the finals.

[Beater_of_ass]

casuals don't care about undercards. mexican fans do, but they were paying for canelo and floyd mayweather anyway. danny - lucas didn't sell hundreds of thousands of ppvs. that's crazy talk.

canelo did 350 K against angulo. that's extremely impressive, but it shows you how much more mayweather brings to the table.


mayweather jr is still the biggest draw in boxing.

This is still wrong, Floyd is a draw and Canelo is one as well, but they will still sell more if they are on the same card because you are buying it for Floyd and Canelo. For example, I called the Floyd/Canelo nearly perfect I thought ginger would have won 3 rounds instead of 1. I didn't get that PPV because of Floyd/Canelo I got that fight because of the undercard. Combined they were a good deal, seperately, I wouldn't have bought either one.

[Beater_of_ass]

Just posted to instagram- pics of Golden Boy's and Showtime's executives after finding out a Floyd fight lost them another $12-$15 million+



#NoMoneyNoProblems



#WeGettinDatExposureDoe #****HBO

Word is, the party has been going on nonstop for the past 3+ weeks. They're so twisted, they forgot to release the buys figure.

I'm quoting this simply because it should be posted twice. LMAO!!!!!

[Holywarrior]

Those were some gold hashtags

CBS won't let Showtime go broke, I see what TS is getting at but the responses have been hilarious

[IMDAZED]

Reported economic impact of the Guerrero fight from last year's 2Q report from CBS:

However, in the next paragraph is language that suggests Showtime could have lost money on the fight. The report notes, "Cable Networks OIBDA for the second quarter of 2013 increased 9% to $207 million from $190 million for the same prior-year period, primarily a result of the revenue growth. The OIBDA increase was partially offset by higher sports programming costs, including the pay-per-view boxing event, as well as higher advertising and marketing costs to promote Showtime series."

OIBDA is an acronym for Operating expenses before depreciation and amortization.

http://sports.yahoo.com/blogs/boxing-experts-blog/cbs-corporation-second-quarter-earnings-reflect-floyd-mayweather-171541100.html

The Actual Report

Forbes Claims the Guerrero fight lost Showtime $12 million:

Mayweather***8217;s guarantee for the Guerrero fight was $32 million, tied for the biggest ever in boxing, but his additional haul from his cut of PPV revenue is expected to be minimal. The large Mayweather guarantee and significant promotional budget resulted in a loss of as much as $12 million for Showtime for the fight, according to one source.

http://www.forbes.com/sites/kurtbade...t-payday-ever/

Floyd-Maidana was more expensive and brought in less revenue. We'll just have to wait on future reports to get a feel for the monetary value I suppose.

10Q, not "sources." Is Showtime a publicly traded company?

[The Gambler1981]

10Q, not "sources." Is Showtime a publicly traded company?

Yea CBS is, but that first paragraph has little to do with expenses, it is all about income and the acronym OIBDA means income and expenses as there is an I no an E in the acronym.

[Kagami Taiga]

U ever heard the saying u gotta spend money to make money. Showtime is trying to expand their Sports empire and through it, their viewer base. They had to know Floyd wasn't gonna average 2mil ppvs every time out. They are not that ******. They did what they did to energize their base, and by all accounts it worked last year. This year still has half way to go, but they did not lose money last year. CBS did not lose money last year. They made gains in viewership, prescription and profit.

[fighter1234]

Making money by losing money? Floyd done changed the game

Showtime's New Business Model

Step 1: Hemorrhage Cash
Step 2: ???
Step 3: Profit

That's basically how all wealth is created? You need to spend money to make money.

[Bee Keepz]

Showtimes past 2-3 years:

Increase Viewership/Subscriptions - Check
Award wining Sports Documentary - Check
Decrease HBO PPV outings securing best dates at venues - Check
Generate More revenue(not-profit) than Rival Network - Check
Limit HBO pool of fighters by acquiring GoldenBoy- Check
Take some of HBOs investments (ie. Steverson) -Check
More exposure for GB/Haymon Fighters (thurman, porter etc.) - Check

...but didn't Showtime average just 700k viewers in their last couple cards?

Last year HBO still dominated the ratings even without the GBP stable.

op 25 cable bouts in 2013
1. Miguel Cotto-Delvin Rodriguez: 1.6 million
HBO, Oct. 5
2. Julio Cesar Chavez Jr.-Bryan Vera: 1.4 million
HBO, Sept. 28
3. Gennady Golovkin-Curtis Stevens: 1.4 million
HBO, Nov. 2
4. Adrien Broner-Gavin Rees: 1.4 million
HBO, Feb. 16
5. Adonis Stevenson-Tony Bellew: 1.3. million
HBO, Nov. 30
6. Paul Malignaggi-Adrien Broner: 1.3 million
Showtime, June 22
7. Mikey Garcia-Juan Manuel Lopez: 1.3 million
HBO, June 15
8. Sergey Kovalev-Ismayl Sillakh: 1.3 million
HBO, Nov. 30
9. Timothy Bradley-Ruslan Provodnikov: 1.2 million
HBO, March 16
10. Bernard Hopkins-Tavoris Cloud: 1.2 million
HBO, March 9
11. Andre Ward-Edwin Rodriguez: 1.2 million
HBO, Nov. 16
12. Brandon Rios-Mike Alvarado II: 1.2 million
HBO, March 30
13. Mike Alvarado-Ruslan Provodnikov: 1.2 million
HBO, Oct. 19
14. Adonis Stevenson-Tavoris Cloud: 1.2 million
HBO, Sept. 28
15. Nonito Donaire-Guillermo Rigondeaux: 1.1 million
HBO, April 13
16. Mikey Garcia-Rocky Martinez: 1.1 million
HBO, Nov. 9
17. Bud Crawford-Andrey Klimov: 1.1 million
HBO, Oct. 5
18. Bud Crawford-Alejandro Sanabria: 1.1 million
HBO, June 15
19. Gennady Golovkin-Matthew Macklin: 1.1 million
HBO, June 29
20. Canelo Alvarez-Austin Trout: 1.1 million
Showtime, April 20
21. Nonito Donaire-Vic Darchinyan II: 1.0 million
HBO, Nov. 9
22. Chad Dawson-Adonis Stevenson: 1.0 million
HBO, June 8
23. Bernard Hopkins-Karo Murat: 1.0 million
Showtime, Oct. 26
24. Sakio Bika-Nikola Sjekloca: 1.0 million
HBO, Feb. 16
25. Peter Quillin-Gabriel Rosado: 1.0 million
Showtime, Oct. 26
Source: Nielsen Media Research