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

[aldo5408]

As long as Spik's president is happy and continues paying 7 figures for PBC events... Haymon is looking to be in a very solid position.

I hope that pbc starts putting great fights on spike because berto and khan fights both did north of 1M that's really good

[El-blanco]

That's what you gathered from that article? LOL. Did you even read it? It breaks down how PBC has been a financial disaster thus far.

It's unreal isn't it? this place is full of pathetic fanboys who create their own reality despite the facts.

[PKing]

That's what you gathered from that article? LOL. Did you even read it? It breaks down how PBC has been a financial disaster thus far.

Well... since this thread started with the hysteria of them losing $100 million in 3 months, it's obvious that they arent based on the numbers provided by Pug.

PLUS the fact he outlined Spike paying PBC seven figures rather than being a time buy.

So yep... things are MUCH better than previously thought. PBC will definitely be around until 2018!

[HanzGruber]

It's unreal isn't it? this place is full of pathetic fanboys who create their own reality despite the facts.

hes right though.. its not as bad as this title says it is

[PKing]

hes right though.. its not as bad as this title says it is

Yep. It's like the guy cannot put the OP's link and Pug's info together to see greater truths. Ahhh what the hell, I know most of the cry babies are droolers anyhow lol

[bigdunny1]

BoxingScene.com reported today that Thurman vs Porter is a PBC event (Showtime on CBS presented by PBC). BoxingScene.com even used the phrase "PREMIER BOXING CHAMPIONS BLOCKBUSTER" that Dunny edited from his alleged "unedited" press release.

Will the Dunce apologize?

Listen punk beyotch I already said my piece on this. You quoting boxingscene when they asked PBC in the same article what part will they play in the March 12 production they gave this vague answer about future shows

"Whether it's soley PBC branding or the elements surrounding (Thurman-Porter), boxing fans can count on 10 primetime telecasts this year," Tim Smith, vice president of communications for PBC confirmed to BoxingScene.com

What the HELL does the elements surrounding mean? Will PBC have any part in the production on March 12th or not? Media has been asking them they refuse to give an answer and fans hitting them up on twitter they refuse to answer. Some media is calling it a Showtime on CBS some calling it Showtime on CBS presented by PBC. You saw yesterday how Fat boy Dan acts with breaking news tons of articles, updated those articles as new info came along, like a hundred tweets just yesterday alone yet the best you got is some vague comment he made on a Chat room that was followed by a dismissive whatever that means and he never added it in his article announcing the fight or any tweets because he clearly doesn't buy it. The only facts we know about the fight is Showtime is paying for the purses and throwing their brand on it. The fight will carry Showtimes announcers. PBC has done NOTHING to clear up any confusion on what if any parts of the production they will handle. The fight is coming up in one month we'll find out soon enough and if fight night PBC is part of the production I'll admit to it. So far I see NOTHING that states they will be doing anything but sitting back and watching Showtime air this.

What it sounds like is Showtime is footing the bill for this card and adding PBC on the promotion for good measure. No different from when GBP use to hang a Mayweather promotions banner at his fights despite the fact that it wasn't even a legit promotional company at the time.

EXACTLY! Is PBC doing any of the actual production or just gets a sympathy banner hanging in the background of a Showtime produced broadcast? On top of that the argument that this good for PBC is idiotic. PBC paid for the time buy on these networks to produce their own shows under the PBC brand. They promoted this as a PBC produced event for 6 months and then last minute it's now a Showtime produced event. If this show does successful that's great....for Showtime. How does it benefit PBC? FOX, NBC or any other network is not going to care about whatever ratings or success this fight has because it came because of Showtime. What network is going to try to buy PBC when they need Showtime to produce their shows? And Showtime is not going to produce boxing "presented by PBC" on a rival network to CBS.

[PKing]

Who cares, bottom line is that PBC isn't going anywhere and will be around likely forever.

Why care about one event like Thurman-Porter so much? It's obvious Haymon owns Showtime and likely CBS either way lol

[El-blanco]

hes right though.. its not as bad as this title says it is

It's spending way more than it is bringing in from the gate and ad revenue. Even if you eliminate the cost of time buys, it's still losing a lot. Throw in the fact that ratings keep going down and it's clearly a failing model. It can work but he has to stop paying guys over a million dollars. Reduce the purse size and it's viable. My point is that in its current state it can't work and the numbers inducate that. So, outside of bankruptcy, it's as bad as it gets.

Who cares, bottom line is that PBC isn't going anywhere and will be around likely forever.

Why care about one event like Thurman-Porter so much? It's obvious Haymon owns Showtime and likely CBS either way lol

Lol this guy can't be real.

[PKing]

It's spending way more than it is bringing in from the gate and ad revenue. Even if you eliminate the cost of time buys, it's still losing a lot. Throw in the fact that ratings keep going down and it's clearly a failing model. It can work but he has to stop paying guys over a million dollars. Reduce the purse size and it's viable. My point is that in its current state it can't work and the numbers inducate that. So, outside of bankruptcy, it's as bad as it gets.


Lol this guy can't be real.

Bankruptcy? Ahahahahaha you cant be that ****** can you?

Well... maybe you can, this IS a boxing forum lol

[bigdunny1]

Damn!!! PBC is in better shape than I thought. I figured they were taking even bigger losses and lesser revenue.

The fact that Spike is paying for the PBC and it's not a time buy is huge as well. Good work Pug!

You think that's the only loses PBC has taken since last year? Don't be foolish there is millions being lost in areas not mentioned in this article. That's just a breaking down the per fight operating costs we know about and revenues from them. Which debunks some of the garbage people shoveling around here. The ads they generate that idiots said is great money because they are live Sports and people are paying out the nose for that are shockingly bad.

Television advertising tracking firm Kantar Media said Premier collected $12.5 million in total ad revenue from 27 fight telecasts from March through September, an average of $462,963 per show.

Also the Live Gate numbers which PROVE PBC is just giving these tickets away for free. Last fight with Garcia did a phony attendance number of 12,052. Despite the numerous reports that PBC couldn't sell them and were giving them away. Steve Kim reported a source told him they actually only sold 3000 tickets gave all the rest away. Fan boys said those numbers were a lie and quoted the attendance numbers. PBC never releases the live gate amounts so it's great to see the real numbers

A look at 10 major and minor Premier boxing shows staged in California and Nevada last year reveals that promoters paid $19.2 million in purses and state fees for those fight cards, while collecting only $3.9 million from fans at the gate, according to the states' records.

For last month's Garcia-Guerrero fight in Los Angeles, the fight card's purse totaled $3.2 million, versus only $508,620 in live-gate ticket sales.

Since idiots try to compare this mess to UFC here are the last attendance AND LIVE gates for UFC which DOES release that info because they ACTUALLY sell seats not give them away. The ticket ranges for PBC fights have been virtually identical to the prices UFC charged for FOX fights.

“UFC on FOX 15: Machida vs. Rockhold” – 13,306 ($1,200,000 gate)
“UFC on FOX 18: Johnson vs. Bader” – 10,555 ($818,000 gate)

http://mmajunkie.com/2016/01/ufc-on-...818k-live-gate

So how you have a higher attendance yet made almost half as much as UFC for the same ticket prices? Seems like Steve Kim was right they only actually sold probably 3000-5000 tickets MAX. And this was one of the best attendance they got all year. There were fights like Thurmans last that had an official attendance number of 4k with the amount of free tickets they been giving away would be shocked if even 2K actually paid and that was his fight AFTER fighting on NBC in his home town no less.