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Exactly the reason no network bought PBC and instead PBC is a paying the networks for air time is because they have to prove to the networks that PBC can work before anyone even thinks about buying it. Problem is they are proving alright. Proving that PBC is too expensive and can't draw ratings or TV Sponsors to make it a successful business. If it keeps at this trend no network will pay a dime for this. PBC so far is just a dumpster fire burning the money Haymon swindled out of his investors.
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The biggest potential stars PBC is trying to build started with Broner and Thurman. And both have seen their stock drop since PBC debuted along with their TV ratings drop. What evidence do we have that PBC can build stars? Or that they won't burn out of money before that happens? All the evidence we have so far is that Casual fans don't care about PBC fighters or the product they are putting out.Comment
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you didn't state your opinion, you called people ignorant on start-up business because we don't think overpaying for shows is a good idea. What about what I said implies I think I'm a tough guy? Don't be so sensitive you lil b1tch.Comment
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I have no evidence of that. The investors themselves said that this project will lose money for the first several years. Top Rank in its lawsuit even acknowledged that losses in the first several years will be hundreds of millions of dollars. Right now we are only 4 months into the series and fighters like Thurman are being displayed to people who never watched boxing for the 2nd time.
From my experience, I've seen companies lose millions of dollars for several years and prepare business plans that show the first sales being generated in the 5th year of operation. Neither you or I have seen PBC's business plan or know what Waddell & Reed's expectations are but a company of that size has done their due diligence and clearly sees an upside.
But after 4 months, I'm pretty sure the business plan reflected losses in the millions as is the case with most startups.Comment
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That's a very rude response to an honest question, but perhaps you misunderstood it. I'll be more specific: The ratings for PBC on Spike and ESPN have been lower than the average ratings for HBO Boxing, as well as lower than Stiverne-Arreola on ESPN last year. The ratings on NBC and CBS in the afternoon have been about the same as they were when NBC had Main Events' shows in the afternoon. If these networks are willing to buy PBC after two years of ratings that are not appreciably different from existing boxing programming, what concept is Haymon proving? I don't see how it can be ratings, but maybe I'm missing something.Comment
Dude got so mad he's shooting out low blow personal attacks. I'm just posting my opinion based on what I've read. If you don't like it then don't respond. These internet tough guys man.
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