Sports Business Journal – Unlocking the value of WME-IMG’s $4 billion acquisition of the UFC will hinge largely on the next round of media rights negotiations, where the UFC projects revenue to grow by nearly four times. Based on numbers the UFC supplied to potential buyers during its sale process, it says that media rights revenue could grow from its current …
In a jaw-dropping deal, a sport once denounced by John McCain as “human cockfighting” has just been valued at $4 billion. That’s how much a consortium of investors led by Hollywood talent agency powerhouse WME-IMG just paid for mixed martial arts league Ultimate Fighting Championship. (Other investors in the deal include Silver Lake, Kohlberg Kravis …
Why WME-IMG Paid $4 Billion for UFC – A MMA League Read More »
Video content has never been more popular, nor have television profits been higher. Original programming has greater strategic value than ever, but this same content is struggling on both the revenue and cost sides of the profit question. So what’s happening? Television has a business model problem. And it’s killing good TV. What we’re seeing …
M&E Journal – Consumers choosing to shave all or some of their pay-TV expenses are not always responding to price sensitivity. They may be reallocating their entertainment spend for what they perceive as a higher value alternative, in this case, OTT streaming services. OTT provides on-demand streaming services which deliver film and television content via …
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