Posted On: 05/19/2015 10:42:59 AM
Post# of 96881
GrandP...You do have a point, however, Ultraflix is not gearing up to be a movie service...Live sporting and concerts, Mobile apps, ----Don't underestimate the revenue that can be generated from this events.
this from cnbc about the mayweather fight few weeks ago.
Media and cable company profits will likely soar, mostly because costs to put on the bout will not increase significantly enough from the average match to cancel out the huge revenue boon, Carter said, though he was unable to quantify the comparison.
Time Warner-owned HBO and CBS-owned Showtime, which will co-produce the broadcast, will split a 7.5 percent cut of the pay-per-view, or $22.5 million, based on the $300 million projection.
Other cable and satellite distributors will split a 30 to 40 percent cut of the pay-per-view haul, according to the Times. That sum could reach $100 million, as well.
http://www.cnbc.com/id/102631454
this from cnbc about the mayweather fight few weeks ago.
Media and cable company profits will likely soar, mostly because costs to put on the bout will not increase significantly enough from the average match to cancel out the huge revenue boon, Carter said, though he was unable to quantify the comparison.
Time Warner-owned HBO and CBS-owned Showtime, which will co-produce the broadcast, will split a 7.5 percent cut of the pay-per-view, or $22.5 million, based on the $300 million projection.
Other cable and satellite distributors will split a 30 to 40 percent cut of the pay-per-view haul, according to the Times. That sum could reach $100 million, as well.
http://www.cnbc.com/id/102631454
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