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Now the deals ending though and they gotta renegotiate.All by design. UFC realized ESPN is paying more than people who give them PPV money. Free 500k PPV buys every event plus probably some bonus if they actually sell a decent amount. I'm completely shocked these corporations burn so much money with no quality control for streaming content.
ESPN was always poorly managed. It's crazy some guy in a suit is probably in meeting using buzzwords like brand awareness and growth, defending their purchase of UFC rights. If UFC was as big of a sport as others they'd have a bigger magnifying glass to check the books on return. What a shame.
Pretty much nailed-it, on every level.All by design. UFC realized ESPN is paying more than people who give them PPV money. Free 500k PPV buys every event plus probably some bonus if they actually sell a decent amount. I'm completely shocked these corporations burn so much money with no quality control for streaming content.
ESPN was always poorly managed. It's crazy some guy in a suit is probably in meeting using buzzwords like brand awareness and growth, defending their purchase of UFC rights. If UFC was as big of a sport as others they'd have a bigger magnifying glass to check the books on return. What a shame.
I am praying to the MMA gods that all the bidders are forcing the UFC to have some quality control in some clause. If you think about the deal ESPN signed last time, there was more free money with lower interest rates to just throw random shit on the wall and see what works for streaming. Then it should be obvious to any of these companies what UFC has done during that deal this should be the time for reckoning for the UFC to pay for what they've done with short term profits.Now the deals ending though and they gotta renegotiate.
I really think PPV is dead. The next deal will be an all in one deal with numbered cards included.
I dont think Netflix or Prime will really even bat an eye at a one billion a year deal for everything. I also really think it will balance out the product and we will see less straight up garbage cards.
for real. Olympics free, super bowl free, world series free, championship golf and tennis freeGood. I watch NFL, NCAA football, PGA golf, Olympics, tennis grand slam finals, and my local MLB/NHL team all for free on a $15 antenna.
PPV needs to kick the bucket, especially if it's not going to be a high end product
I really think PPV is dead. The next deal will be an all in one deal with numbered cards included.
I dont think Netflix or Prime will really even bat an eye at a one billion a year deal for everything. I also really think it will balance out the product and we will see less straight up garbage cards.
That's another thing is the audience is aging out of staying up till 1am on Saturday night and the younger generation don't party like the older did.for real. Olympics free, super bowl free, world series free, championship golf and tennis free
all during primetime too
brb $70 for a midnight viewing of a fight
the model is stupid, time to admit it
All by design. UFC realized ESPN is paying more than people who give them PPV money. Free 500k PPV buys every event plus probably some bonus if they actually sell a decent amount. I'm completely shocked these corporations burn so much money with no quality control for streaming content.
ESPN was always poorly managed. It's crazy some guy in a suit is probably in meeting using buzzwords like brand awareness and growth, defending their purchase of UFC rights. If UFC was as big of a sport as others they'd have a bigger magnifying glass to check the books on return. What a shame.
Man this is probably the sad truth. We're stuck in this hell. Maybe we need an economic collapse soon because then the mega corps will have to tighten their belts and try to run profits over the speculative future value and competition games. Still think eventually this will hurt the UFC the longer it goes on.The funny part is even with UFC underperforming in ppv and certain other aspects. ESPN still desperately needs them and has to pay way more. UFC rights are up at the end of the year and everyone wants them. Netflix, Amazon Prime, Paramount plus are heavily rumored to be bidding for them.
UFC is doubling up their money no matter what lol. Sports in general are getting ridiculous payouts for streaming deals. UFC has the advantage of being only major sports organization available for bidding in near future.