StimConsul's ongoing Representation of Top Rank Boxing creates more Fight TV history!
StimConsul's professional international business Consultants have repeatedly broken new ground in the creation international Media Partnerships with Fight Sports franchises.
In 2015, StimConsul's Consultant Distributors handles 11 important international markets in the "Fight of the Century" between Floyd Mayweather Jr. and Manny Pacquiao from the MGM grand Garden Arena in Las Vegas.
To this day, that event generated the highest gross revenues than any fight event in World history, garnering 4.6 Million PPV buys, which was bigger than Mayweather vs. Conor McGregor.
We brokered deals for that historic event on Television outlets in France, Spain, Italy, Australia, Scandinavia, Brazil and numerous Asian markets on HBO Asia and Singapore.
We are still making landmark boxing deals, including the latest output agreement between Top Rank Boxing and Globo in Brazil, including Top Rank's legendary line-up of World Champion Stars, and Brazil's own Olympic Gold Medalist, Robson Conceição
FLOYD MAYWEATHER VS MANNY PACQUIAO OFFICIAL PAY PER VIEW NUMBERS ARE STAGGERING
FLOYD Mayweather Jr. and Manny Pacquiao proved a box office smash, even if their welterweight title fight didn’t live up to the hype.
The May 2 fight obliterated the pay-per-view record, with 4.4 million buys generating more than $400 million in revenue.
With a live gate of nearly $72 million and other revenue, the bout grossed more than $600 million and likely made Mayweather more than $200 million.
Showtime and HBO officials reported the whopping PPV figures today, saying the fight broke the previous record of 2.48 million buys generated by Mayweather’s 2007 fight with Oscar De La Hoya by nearly 2 million buys.
It also nearly tripled the record $150 million in pay-per-view revenue generated by Mayweather vs Canelo Alvarez in 2013.
“We did not anticipate this number of buys,” said Mark Taffet, who heads PPV operations for HBO.
“It reinforces the notion that when you give the fans the fights they demand, they always respond.”
Mayweather was the big winner both in the fight and at the bank. He was guaranteed 60 per cent of the net revenue to the promotion, while Pacquiao’s camp got the remaining 40 per cent.
The total figures to be around $400 million after satellite TV and cable systems take their cut, meaning Mayweather — who is his own promoter — could walk away with $240 million for his night’s work.
Pacquiao would share in the other $160 million with promoter Bob Arum.
The Nevada Athletic Commission says the live gate for the fight was a record $72,198,500, far eclipsing the previous mark of $20 million set by Mayweather and Alvarez. The fight also did another $50 million or so in foreign sales, sponsorships and related income.
It also sold 46,000 closed circuit seats at various MGM Grand operated hotels in the Las Vegas area at $150 a ticket, and was sold to more than 5,000 bars, restaurants and other businesses throughout the United States.
However, the fight had some technical problems for last-minute buyers and was seen for free by thousands on services like Twitter’s Periscope and Meerkat, which stream video to the internet.
“To do almost twice what the prior record was and nearly triple the previous high water mark for revenue is really something,” Stephen Espinoza, executive VP and GM of Showtime Sports said. “I thought we would be doing very well if we got to 3 million buys, which would have broken the record by 20 per cent.”
Mayweather won the fight by unanimous decision, and it was later revealed that Pacquiao had injured his shoulder in training. That has led to a number of lawsuits filed on behalf of people who bought the PPV, claiming they were defrauded out of their money because the injury was not revealed.
Taffet said the strong interest in boxing continued with Saturday’s fight between Canelo Alvarez and James Kirkland in Houston. The fight, which drew more than 30,000 people to Minute Maid Park, was watched by an average 2.1 million viewers on HBO, the highest rating for a fight on the network in nine years.
LANDMARK DEAL BETWEEN TOP RANK BOXING AND GLOBO BRAZIL
“We’re in a period of tremendous viewership for the sport,” he said.
MPASSE INVOLVING GLOBO PUTS OLYMPIC CHAMPION FIGHTS ON PAY-PER-VIEW
Translated from Brazilian Portuguese
An agreement between Grupo Globo and Top Rank, an American company that promotes the careers of Robson Conceição and Esquiva Falcão, has defined that from now on, the pair's live matches will be exclusively broadcast to Brazil through the pay-per-view system.
The two companies had come to a standstill during the renegotiation of the TV rights contract, and the solution found to generate the amount to fill the gap between what Top Rank, represented by attorney Stephen Stim, called for and Globo offered was to put the duels in Globosat's Combate channel.
Before the companies resolved the impasse, Brazilian fans who wanted to follow the latest fight of the Brazilian Olympic champion in Rio 2016, Robson Conceição, on February 16, resorted to the official page of Top Rank on Facebook, which released the signal. The transmission was marked by problems, which were from the absence of audio to signal drops, in another victory of the Brazilian. During the negotiations, the rights to this fight had been offered for free, provided it was shown by Globo on open TV.
The exhibition of the fights of the pair by the pay-per-view, through the Combate Channel or buying the single event on pay-per-view, begins already in the next fight of Robson, scheduled for the next day 28, against Alex Torres, in Philadelphia. The idea is for Grupo Globo to actively participate in the promotion of the fight in Brazil, with issues in the days preceding the duel on Globo and SporTV to boost the sale of pay-per-view packages. The VTs of the Brazilians' matches will be released for display on SporTV after a one-week period.
Other top boxing promotions promoted by Top Rank will continue to be broadcast live on the SporTV channel.
"It's good [the pay-per-view broadcast], interesting, it values my fights and it motivates me even more to train hard to compete for the world title," celebrates Robson. '' I thank the Brazilians who believe in me, I am sure of a good audience at this stage. ''
"The partnership with Top Rank comes from a long time ago, boxing is awakening interest as content," celebrates Felipe Lazaro, sports rights manager at Grupo Globo. "Through this new agreement, we will have the opportunity to bring to the Brazilian public the fights involving Robson Conceição and Esquiva Falcão, athletes already consecrated in the Olympic rings and who have everything to dispute belts in professionalism already in 2018."
Sources linked to Top Rank guarantee that Esquiva, a silver medalist at the London Games in 2012, will compete within the next few months for the World Boxing Association world title against Japan's Ryota Murata in a rematch of the Olympic final.