Very interesting news on the state of Viacom

Discussion in 'UFC Discussion' started by El chapo Jr., Feb 10, 2016.

  1. El chapo Jr.

    El chapo Jr. Banned Banned

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    http://www.mmafighting.com/2016/2/1...t-82-review-jon-jones-talk-usada-and-bellator


    Guys I'm watching Luke Thomas live chat right now and 1hour 12 minutes in he's talking about Viacom and how their stock has dropped 15% in a day and how that relates to why Bellator is putting on freakshow fights instead of grooming themselves. I really don't understand the logistics of it but it's very interesting, I recommend you check it out. Long story short, Viacom has been slowly going downhill for the last 2 years and this next few months there will be a drastic altercation.


    Thoughts?
     
  2. Hoop

    Hoop Black Belt

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    I'll be honest, I think of Viagra when I see Viacom.

    Who owns the company, actually?
     
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  3. joeyjoejoe

    joeyjoejoe Silver Belt

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    Business as usual, wonder if a sale is in their future? Viacom is huge though, they have their hands in movies,property,human slavery etc. I wonder what caused the drop?
     
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  4. Chules

    Chules @UVEE'S BESTIE

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    What happened to El Chapo Sr?
     
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  5. ConditChamp

    ConditChamp By KO Double Yellow Card

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    Why you think they moved it to paid cable, to lower the value of the company and force outside shareholders to sell all interests to Zuffa.
     
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  6. LilNubi

    LilNubi Brown Belt

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    Thanks for the paraphrase. I can't listen to Luke Thomas. He's OKAY at best when he's talking about MMA but he's just a douche. He's gotten worse that he has his own show on XM radio.
     
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  7. Sonny Qc

    Sonny Qc Gold Belt

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    maybe they will sell bellator in the coming year and the UFC will reach their goal of becoming a NH/'MLB/NBA level organiztion.

    fighter union before please
     
  8. El chapo Jr.

    El chapo Jr. Banned Banned

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    He also says that UFC is making more of a move towards Fight Pass as they get closer to the renegotiation of the FOX deal.
     
  9. superpunch

    superpunch Silver Belt

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    This is in the wrong forum anyways so I'm just going to post something more entertaining

    Liddell/Wand/Lesnar VS Rumble/Igor/Kerr Tag Team? Who wins this?

    TEAM 1:

    [​IMG]
    [​IMG]
    [​IMG]
     
  10. Coffee79

    Coffee79 Double Yellow Card Double Yellow Card

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    The internet is destroying the need for media giants. I even dropped Netflix and Hulu as I found a site that has almost every movie ever made as well as TV series (old and new) in either 380p, 720p, and 1080p. I simply get cast it. Fuck these companies. They've screwed us over for too long.
     
  11. El chapo Jr.

    El chapo Jr. Banned Banned

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    Phillipe Dauman
     
  12. superpunch

    superpunch Silver Belt

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    TEAM 2:

    [​IMG]
    [​IMG]
    [​IMG]
     
    Camera likes this.
  13. phatron

    phatron Black Belt

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    False....he's the president.

    Viacom is owned by National Amusements which is has controlling shares owned by Sumner Redstone.
     
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  14. Hoop

    Hoop Black Belt

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    Wasn't it even talked about that Viacom had billions but weren't investing much into Bellator? I think that was Dana that said that, so probably not completely true.
     
  15. HelloJapan

    HelloJapan Talking loud and saying nothing. Platinum Member

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    Is normal.
     
  16. Hoop

    Hoop Black Belt

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    Hmm. Hypothetical question; if none of the US sports stations air the UFC and Bellator is obviously shown on Spike TV, which station would be likely to pick up the UFC when they're not doing PPVs?
     
  17. nephel

    nephel Blue Belt

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    well, viacom reported Q1 earnings that were down 10% from Q1 last year and revenue that was down 5.7%. their networks business fell 4% and their domestic ad sales improved to -4%, which means they improved by being less of a money sink than they were last year. International ad sales fell 2% (mostly due to currency fluctuations).

    here's the kicker : Paramount Pictures (which they own) had a $146 million operating loss, which is down 143% from last year.

    So, i don't think bellator has anything at all to do with Viacom's problems and i don't think viacom is looking for freakshow fights to improve its bottom line. That being said, Bellator might be doing the freakshow fights to make sure it's little corner of the company is profitable in an attempt to avoid having an axe fall on it. Realistically, though, if viacom can't get their shit together, they'll start selling off profitable bits that are not central to their strategy and that could mean bellator ends up on the market.
     
  18. superpunch

    superpunch Silver Belt

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    So Dana buys another successful company from Coker, and then Coker goes and does it again, and Dana buys it again?
     
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  19. El chapo Jr.

    El chapo Jr. Banned Banned

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    Luke Thomas seems to think Fight Pass.
     
  20. chubbman

    chubbman Yellow Card

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    Team 2 via Igor
     

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