Waddell investment down to the last 82M? OUT of (521M)

[Dr Rumack]

A network doing a deal with PBC probably won't resolve the problem because the shows are still losing money. There just isn't enough revenue being generated. It's insane how long it's taken some people to accept this simple fact. The shows need higher revenues or lower costs, i.e. more ads and sponsorship or smaller purses. That doesn't change if a network puts up the money. Ratings growth is all that matters.

[bigdunny1]

The spike card on Friday with Dirrell only drew 513k viewers. So while I agree spike has been probably the best PBC channel we are seriously grading on a curve. The ratings arent great on spike they are underwhelming just not a horrific as we have seen the fall on other networks. I believe Bellator MMA performes much better then PBC on spike and Bellator is a much cheaper product. Reruns of cops on Friday night get higher ratings then PBC does on spike. And based on the amount of spending PBC has done a cable deal with spike doesn't recoup their investors money. The way they spent they need a big network tv deal not from a cable channel but from FOX, NBC one of those big guys.

[Eff Pandas]

But realistically, with ratings constantly trending downward with no uptick at all since the launch, what are the chances a network picks up a PBC contract?

Realistically I don't f#cking know & I bet most everyone in this thread saying there is no chance they get a deal don't realistically know either is the funny thing. Just the other day I was informed of a MLS deal that is worth $90M a year with ratings that peak at 700k for their championship series. I highly doubt anyone here knows what networks are looking for in their programming in 2016.

I definitely see a trend towards big money going towards live sports since I've been paying more attention to that marketplace & looking at past deals due to PBC dipping their toe in. I mean I ONLY follow combat sports so I've ignored all these headlines other sports have made with their TV deals for years (outside of the UFC's deal) so this is all new to me. Maybe you guys who follow "regular" sports know more about this whole live sports TV deal angle then I, but I see nothing to suggest boxing isn't in play for this same type of deal arguably. And no one has made much of a counterpoint as to why all these other sports are in play for big TV money including the MMA which is structured extremely similar to boxing with the threats of matches lasting seconds & with frequent commercial breaks.

[OnePunch]

LOL this worse case. Never seen so many panties in a bunch over fights on free TV & well paid boxers. Now everyone wants to pay for fights & for boxers to make ****. Some of ya'll need to make up your mind.

And lets not get excited about accusations which is all this is at this point by mad investors trying to get back their own bad investment. This was a high risk move from jump street & I imagine if PBC secured a TV deal a month from now these guys would go back under their rocks & stfu.

which is exactly the plaintiffs point. They invested in a low-to-moderate-risk fund (according to the lawsuit), not a high-risk one.............

[North Star]

Realistically I don't f#cking know & I bet most everyone in this thread saying there is no chance they get a deal don't realistically know either is the funny thing. Just the other day I was informed of a MLS deal that is worth $90M a year with ratings that peak at 700k for their championship series. I highly doubt anyone here knows what networks are looking for in their programming in 2016.

I definitely see a trend towards big money going towards live sports since I've been paying more attention to that marketplace & looking at past deals due to PBC dipping their toe in. I mean I ONLY follow combat sports so I've ignored all these headlines other sports have made with their TV deals for years (outside of the UFC's deal) so this is all new to me. Maybe you guys who follow "regular" sports know more about this whole live sports TV deal angle then I, but I see nothing to suggest boxing isn't in play for this same type of deal arguably. And no one has made much of a counterpoint as to why all these other sports are in play for big TV money including the MMA which is structured extremely similar to boxing with the threats of matches lasting seconds & with frequent commercial breaks.

It's really not hard to pay attention to ratings trends. Do you watch any thing else on tv, other than boxing? If you do, then you could understand how and why shows get renewed or canceled. The same principal applies to PBC shows.

[bigdunny1]

A network doing a deal with PBC probably won't resolve the problem because the shows are still losing money. There just isn't enough revenue being generated. It's insane how long it's taken some people to accept this simple fact. The shows need higher revenues or lower costs, i.e. more ads and sponsorship or smaller purses. That doesn't change if a network puts up the money. Ratings growth is all that matters.

Exactly. 2 problems the ratings are bad and their product is too expensive means monster loses each event. And you can't turn around the ratings which have set a new all time lows each card on NBC and that trend is now continuing on FOX by putting lesser names on these cards because they can't afford the big names anymore. So how do you fix an equation where you need to increase the ratings so you can charge more for ads but you at the same time need to cut costs which mean you are removing your best draws which in turn keeps lowering your TV ratings?

[MDPopescu]

For some time I've tried to figure out what kind of revolutionary business model he might have come up with... Now I'm beginning to think that it was a good old hustle and no more...

[Eff Pandas]

which is exactly the plaintiffs point. They invested in a low-to-moderate-risk fund (according to the lawsuit), not a high-risk one.............

If these dummies didn't know what they were investing in who's fault is that? This is clearly a group that invests in many things including high risk/high return companies. The fact these dummies already got their case thrown out in federal court is a good sign that it'll get thrown out of state court too. There are always rich people who are looking for ways to retrieve money lost or to avoid any risk whatsoever. People with a lot of money are always looking for ways to make more money & lose less money on a caliber most people can't even fathom.

I bet the success rate with lawsuits like this is less then 10% cuz its mostly just butthurtness by new investors or people who lost a bunch of money on something that went south as investments tend to do quite often actually.

[bigdunny1]

It's really not hard to pay attention to ratings trends. Do you watch any thing else on tv, other than boxing? If you do, then you could understand how and why shows get renewed or canceled. The same principal applies to PBC shows.

Victor Ortiz just headlined the FOX card. Spence headlined the last NBC card and Fonfara is set to headline the next NBC card. Journey men and prospects instead of the Haymon A list names that headlined sat prime time last year. And they have canceled numerous tv dates across numerous networks because the PBC cards have net losses that are above and beyond what they expected and they can't afford to give the networks the amount of shows they promised. The investors who have access to numbers and figures that have not been released to the public and likely show that PBC is in worse shape then we even know are already upset with amount of their money lost and are suing. There is only one way this disaster is going to end.

People keep saying give PBC more time but the more time that goes on the worse the ratings keep getting. They keep punching holes in the floor to create new lows. Nothing is going to turn this around at this point and taking cheaper fights that would headline ShoBox or HBO Boxing After Dark is not going to turn the ratings around. What network is going to give them a monster tv deal to recoup their loses when they can't deliver the amount of shows they promised and the ratings are not where they intended and now they are mentioned in about half a dozen lawsuits?

Do people realize these networks are only showing it because PBC paid them a foolish amount for the air time? They don't need or want it and once PBC time buys are done or they run out of money whichever happens first they will wipe their hands clean of this PBC mess. The idea that they will invest their own money to bail out PBC and now they are liable for the losses is not realistic.

[Dr Rumack]

If these dummies didn't know what they were investing in who's fault is that? This is clearly a group that invests in many things including high risk/high return companies. The fact these dummies already got their case thrown out in federal court is a good sign that it'll get thrown out of state court too. There are always rich people who are looking for ways to retrieve money lost or to avoid any risk whatsoever. People with a lot of money are always looking for ways to make more money & lose less money on a caliber most people can't even fathom.

I bet the success rate with lawsuits like this is less then 10% cuz its mostly just butthurtness by new investors or people who lost a bunch of money on something that went south as investments tend to do quite often actually.

A guy invests a shit load of other people's money in a risky venture that doesn't make sense to anybody, then goes to work with the guy he gave all the money to, and you're saying that the investors are the ones who're out of order?