Waddell investment down to the last 82M? OUT of (521M)
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I think it was a critical mistake for the PBC to go the time-buy route to choke out the competition. They could've established themselves as an actual promotional outfit and used their massive amount of cash to supplement fight purses with the usual network revenue to get big fights on basic-cable channels, then choke out competition with quality fights instead of quantity. Also to keep their fights in smaller venues and actually sell tickets, instead of comping out arenas and killing the markets.Comment
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Exactly Haymon would of had a better chance for success had he kept PBC small to start. Too many networks, too many time buys, too many expensive shows that were hemorrhaging money and the TV Ratings weren't were they anticipated to recoup some of this money from advertisers.Comment
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I've said all along haymons plan was to spend this $ as quick as possible and his main goal was to fill his pickets with there money.
His business plan made no seems from the beginning, its a complete failure.
The man is a straight up leech who has been stealing from this sport for a long time.
This would make seems as to why PBC's schedule is so limited this year. He was doing 3-4 fights a week sometimes last year.Comment
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Why are you comparing the viewers to HBO when FOX or NBC is not competing against HBO and HBO is a totally different business model not reliant on ads to pay for their programming? This is prime example of how bad PBC is doing. Compared to what FOX, NBC, CBS, ABC does in prime time the ratings are horrible. Especially when you factor in all these networks have numerous options for cheaper programming that does as well or better in ratings at a fraction of the cost PBC operates. HBO compared to Premium cable ratings like Showtime ect does GREAT ratings. Comparing flops on basic cable and network tv to HBO doesn't change the fact that on those networks they were flops!Comment
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Bookmark this thread and when the CBS/PBC deal is announced, pull it up.Comment
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