top rank dont mind if they are losing money under manny pacquiao because they got bradley to sign a contract and he will make them money plus zhou shiming will be a ppv star in china... thats why he was on undercard
top rank not concentrating on profit with pacquiao
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Showtime/GBP are the only ones losing money. Espinoza/Schaefer are amateurs in the business. They spend like drunken sailors.
Arum is the pro. He spends one dollar to make $100. The rivals spend $100 to make $1.
That's why Oscar needs Arum for his schooling in the business side of the sport.Last edited by al-Xander; 05-20-2014, 02:13 PM.Comment
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Top Rank is a much smaller entity than CBS, plus boxing is their whole business and as a mature company that has no real growth plan (outside of possibly exploiting a new market) they need to make money on their bread and butter.
CBS is a vast company with a ton of different channels and ways to make money. As a publicly traded company growth is a big factor to them almost as much as profit because stock prices are forward looking so future large profits at the expense of smaller current profits is a real strategy for them.Comment
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i'm not sure if top rank has signed viktor postol, but if they haven't then they really should.
i think viktor postol will become the next p4p#1 after wlad retires.
he can easily become a star like wlad.Comment
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Earnings are earnings, and Showtime and CBS earning are up. Can't spin it, flip it or reinvent it. Like I said, spending a couple hundred million on programming content ( which is what boxing is), to achieve Billion Dollar Quarterly earnings makes sense, because it's basic economics.Comment
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