Eddie Hearn really doesn't understand the US market

[Bob Haymon]

OK, first, let’s see a link to proof of comped tickets.

Can you tell us where and when the giveaway was? Do we have a few thousand social media posts from people bragging about picking up their free tickets? Did they set up a booth on the street outside or how did they do that?

And surely at least one person in line got out his phone and got video of people being handed free tickets, right? Because to tell me there’s not a shred of evidence of this is beyond credible.

Now if you’re talking about the Wilder-Ortiz fight in Las Vegas, here’s how that works. The MGM Grand buys the event — they own the gate. And they can do with the tickets whatever they want. And what they want is to hand those tickets (comps if you will) to high-rollers (whales is how casinos refer to them). They don’t profit from ticket sales to these people, they profit from the money they wager (these are known, proven gamblers who drop huge bets when they come to town). And they also trade those tickets to other casinos for their whales (so whatever casinos have the hot acts, maybe a pair of ringside tix to a big fight is worth 100 tix to Penn & Teller who are doing 8 shows a week down the street or whatever).

But I’ll wait for your proof.

I already posted proof of tickets being given away for free on Eventbrite. There's also social media posts of a seperate 1000 ticket giveaway. These were separate from the comps they give to whales. Any Joe Blow could've claimed these tickets.

[saintpat]

I already posted proof of tickets being given away for free on Eventbrite. There's also social media posts of a seperate 1000 ticket giveaway. These were separate from the comps they give to whales. Any Joe Blow could've claimed these tickets.

I’m not seeing the word ‘free’ there.

And either way, ticketing belongs to the venue that ‘buys’ the event with a site fee. If they failed to sell them and instead gave away unsold tickets, that’s on them not on PBC.

[Articulateboxin]

I imagine he's got a pretty sweet deal with Mikey. I was and still am so shocked how easy Spence handled him, I know the weight and the height dynamic but still, Mikey looked befuddled. No doubt this crushed his market value somewhat and Hearn got him on the cheap (by DAZN standards...which means he probably still overpaid lols) and he's an entertaining fighter to watch, which DAZN and any broadcaster is trying to deliver afterall.

[Articulateboxin]

PBC is generating more revenue than Matchroom. Matchroom controls the UK. PBC controls the US, but the US is far more lucrative than the UK.

Matchroom is also losing steam while PBC is gaining steam.

Could you cite your source for this please, ideally revenue and profits? I'm curious how PBC are making more than Mathroom. 10-15% of AJ's % alone might even be worth more than the total sum of PBCs profit. (gross)

[Bob Haymon]

I’m not seeing the word ‘free’ there.

And either way, ticketing belongs to the venue that ‘buys’ the event with a site fee. If they failed to sell them and instead gave away unsold tickets, that’s on them not on PBC.

The tickets were free. There's plenty of evidence.



MGM pays huge site fees to make money on hotel bookings and casino gamblers. If tickets don't sell it's a failure on the promoter's part. Their job is to promote an event and get people to show up. PBC has failed at making Deontay into a star despite having every quality that appeals to a mainstream audience. He should be a much bigger draw than Canelo who is a foreigner who doesn't speak english and has a dull personality.

[N/A]

Could you cite your source for this please, ideally revenue and profits? I'm curious how PBC are making more than Mathroom. 10-15% of AJ's % alone might even be worth more than the total sum of PBCs profit. (gross)

I said revenue. You said profit.

[N/A]

PBC only does 10 Fox shows a month. Last time I checked there's 12 months in a calendar year.

So weekly shows aren't weekly because they take the summer off? Monthly shows aren't monthly if they take the fall off? PBC will end up having done 11 shows on Fox in the first year. If you don't want to call that a monthly series, what do you want to call it?

Every single one of those shows has been in last place in viewership for broadcast networks.

Not in the demos advertisers pay for.

They're getting a small fraction of what the UFC was getting

Blatant lie.

PBC also has a monopoly on Bounce TV.

Another blatant lie.

Showtime lost money on the only event that had over 500k viewers.

You have no way of knowing what Showtime's viewership is. They don't release viewership numbers for the Showtime service. You only get Nielsens from the linear Showtime channel, but millions of people subscribe to Showtime directly.

Top Rank has Crawford, Loma, and Inoue. 3 of the top 5 consensus pound for pound fighters. Thin roster doe.

Yes, very thin roster. They have nobody of interest beyond a small handful of guys and those small handful of guys don't draw. Crawford's big PPV did 100k and they haven't attempted PPV since. Nobody cares about Inoue in this country. Loma isn't drawing. Shockingly, Americans generally want to watch Americans. Casual fans see PBC fighters on other Fox shows, they can actually pronounce their names, and they tune in to watch them.

[Articulateboxin]

I said revenue. You said profit.

Well I asked for both but if you can show me even the revenue figures, I would love to see them. I asked because I can't find even a quarterly summary anywhere.

Quick edit, I did not mean to sound antagonistic, I am just curious. I just think AJ is making obscene amounts of money and Matchroom will take a % of this, even from some of his commercial deals.

[N/A]

Well I asked for both but if you can show me even the revenue figures, I would love to see them. I asked because I can't find even a quarterly summary anywhere.

Neither is a public company, so good luck finding quarterly summaries.

[Articulateboxin]

Neither is a public company, so good luck finding quarterly summaries.

Well you can find Mathcrooms filings on company house, could you tell me where you're finding PBCs revenue from please? Again, as above - i'm not being antagonistic, i'm just curious!

*edit*

https://s3.eu-west-2.amazonaws.com/document-api-images-live.ch.gov.uk/docs/NWaKsWQ6WLOztGzON31bbKxqlgyAM1_D3xuChYk95Kk/application-pdf?X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Content-Sha256=UNSIGNED-PAYLOAD&X-Amz-Credential=ASIAWRGBDBV3ARGUCUGY%2F20191128%2Feu-west-2%2Fs3%2Faws4_request&X-Amz-Date=20191128T081548Z&X-Amz-Expires=60&X-Amz-Security-Token=IQoJb3JpZ2luX2VjEGMaCWV1LXdlc3QtMiJIMEYCIQCv%2BkxbMrpUfPaVwVm4NWLCH%2BpI8vDTNj8vZpWyOz0uPAIhAMQRSqLYcrtUFHSZuhoOgjT04pWYdhr4zNKvME1Bx%2FctKtkCCJz%2F%2F%2F%2F%2F%2F%2F%2F%2F%2FwEQAhoMNDQ5MjI5MDMyODIyIgw68SH7pStn9zA%2B3NIqrQL3I6wKdxVnyK683fKnEmILNgxOqBbDLyKpOLTBFbb0m53ACScsda%2FuRKXhPFm0JNLMtR0mLDOU6Vr7I9lRzTs6Tz%2BvMNiMW0M6%2F%2FqMzjyJQgMJOOK7nk4I6Eo6l%2BJnhXUkZHCJQTjmIOGIkXyIn9PlK9yLTL71460%2FoJjyo3LYUBfXABMRKRLvSjC1TX%2FrBwyg73QhGweEl%2BLRqmJhjiW%2FEi%2BIzRhgshxJkrge3I4vVTAh4iJFZjnAfkEcV26FIgUJwt2v2QE7kT7v%2BjkHz3c95fae6%2FzOZBAEy9BukZuKc9KL3E502RWfVZ4EABMQvbEuN0Uf%2BOqMI970G7MOqy%2BaeVYMUFnlrNa2ADFve5qmldQEzEBFbcIE5smn5QWOV49%2BethNljugmXyBBoTIMN%2Fj%2FO4FOs4CEA5uf2rrBVxwEldX9wa8k7LoduNZb0shrliAuxo48naaWV7llxRkfy2u7ebmXu1JEXSeAqfw8w1WAs7G8Yv6JNeXGdO9zc1XiOOvDJ%2FIdEK5Nef5juADVQFlulooqmZVeSOX0roNp7f6YJQVllQp8Xe4QViir6e3%2BmKuFx9mHc6JBdibBBkjjmgC66s%2FQEjXnLzaBYkWM82LxMYC0ZO5pswjac2YDN6Q0BK7anqyT5mjlpEzHWvwZvqWlyzsFTQqg1zz7EubabZUp4h5GSvISER32ISNzg%2FcN9Y56ISdl%2Ff3sjI5wLTmQoNCXkBgG4sD7P%2BniI04ilAGRifUC3p5rPKZt%2FKBClgA%2BITZrbbMgCgE%2BNn%2BV94jfOFORgZ3IM8OJFqruD65wHONXPg0XWL4lht6QhfbUmVuCBLBieOTE1iwBl5KqJHyfz%2B4r1OUIA%3D%3D&X-Amz-SignedHeaders=host&X-Amz-Signature=634094d5eeaac810faaeef1808043bfbb279408e921a4705d7a2724d3d4ab049

Matchroom boxings turnover for 2017-2018 was 68 million sterling at 4.2 million profit. Which considering the companies size, is actually enormous. (Bearing in mind profit is once everybodies salaries are paid)