Originally posted by Rath
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Waddell investment down to the last 82M? OUT of (521M)
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Originally posted by Eastcoast View PostI 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.
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Originally posted by bigdunny1 View PostExactly 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.
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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.
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Originally posted by The Big Dunn View PostOf course if he kept it small as you are suggesting he wouldn't have had cards viewed by more than 3 mil viewers, a number HBO never reaches anymore.
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Originally posted by Pigeons View PostPBC did 46 shows last year. They need to average 3-4 per month to reach that number again. Which they will.
Bookmark this thread and when the CBS/PBC deal is announced, pull it up.
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