How does Al Haymon make a profit??

[Scott9945]

"WWE's new online streaming network has picked up only an estimated 700,000 subscribers, and WWE conceded that it could lose as much as $52 million this year. "

http://news.yahoo.com/blogs/the-turn...130951096.html

That article is almost a year old. They have about a million subscribers now. I don't think WWE is making anywhere near 10 million a month, but it is better now than it was then.

[Eff Pandas]

That article is almost a year old. They have about a million subscribers now. I don't think WWE is making anywhere near 10 million a month, but it is better now than it was then.

I was talking about revenue not net. 1M subscribers @ $10 a pop & all that. I got no clue how expensive it costs behind the scenes, but I'm guessing its less than $10M a month thus I gotta assume its profitable. But maybe someone gots info that contradicts that assumption.

[Barcham]

Pretty much this except now that he's the one paying the fighters, taking a cut from their pay doesn't really mean much.

What is does mean is that he is in a conflict of interest and should be brought up on charges for violations of the Ali Act.

[Barcham]

The network deals aren't profitable yet...

He has no network deals. What he is doing is buying time from the networks that is not profitable for them to create and air their own programming in. The reason it is not profitable for the networks is that Saturday night is basically a ratings black hole with little advertising revenue. NBC makes more money selling Haymon the time slots than by running their own programming.

[-PBP-]

He's spending investors money not his. If these investors are willing to take on the risk and invest in his venture then so be it.

[Scipio2009]

If this guy has the ability to bid $3.1imillion on a fight's where there's likely not going to be a high return on investment. How can his business continue as an ongoing organisation if he's not generating a profit?

It's a long game that Haymon is playing here. Dirrell-Degale is a good fight, Dirrell was likely having qualms about going back to England, and there's still money to be made with the fight (site fee, event sponsors, ad revenue from the telecast).

Haymon Boxing/PBC put on another big fight, likely lose some money on the fight, but further cement the notion, in the mind of the casual sports fan, that the 'PBC' brand is the place for fans to go to see top-flight boxing. Won't really know if they make the money back till 2017, which seems fine by Haymon.

[sicko]

Don't know, really don't care, I just tune in for the fighters personally, I'm grateful he brought Boxing back to Network TV IN A BIG WAY though!

He is a Harvard Grad Businessman...HE KNOWS WTF HE IS DOING! Not only that but his Investors I'm sure are WEALTHY, they're not like us regular FOLKS who invest and is hoping for a quick return. These guys likely invest thinking LONG TERM not SHORT TERM. They're thinking about the Pot Of Gold that could potentially be at the end of this Rainbow which is that mega TV Deal from Networks to get PBC EXCLUSIVELY!

YOU HAVE TO SPEND MONEY TO MAKE MONEY!

[JJRod]

How does he make a profit?
Who the hell cares. As long as he keeps giving us good fights, I couldn't care less.