He had the money and he secured the fighters but what he got wrong was the format. He was using an out dated method you can't go back to the terrestrial TV days because today even they are struggling to garner an audience with all the competition from other formats and media.
To put it in laymen's terms imagine a promoter got 1 billion, signed Joshua, Canelo, Mayweather and every other cash cow then stuck them on closed circuit TV in cinemas and casino's like they did for big fights in the 80's before PPV.
People now don't sit down at an allotted time to watch a show, they stream, they binge watch. Sports obviously is slightly different but I think many people stream fights rather than pay for them on cable and if there was a cheap alternative to stream fights much like there is for TV you'd likely see a move towards these platforms in high numbers like we've seen with Netflix, Amazon prime, Hulu etc for regular content. Even my parents who are pensioners stream content, it's the way forward, terrestrial TV has had it's day and that's where Haymon went wrong.
To put it in laymen's terms imagine a promoter got 1 billion, signed Joshua, Canelo, Mayweather and every other cash cow then stuck them on closed circuit TV in cinemas and casino's like they did for big fights in the 80's before PPV.
People now don't sit down at an allotted time to watch a show, they stream, they binge watch. Sports obviously is slightly different but I think many people stream fights rather than pay for them on cable and if there was a cheap alternative to stream fights much like there is for TV you'd likely see a move towards these platforms in high numbers like we've seen with Netflix, Amazon prime, Hulu etc for regular content. Even my parents who are pensioners stream content, it's the way forward, terrestrial TV has had it's day and that's where Haymon went wrong.
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