Thanks Expe.expe wrote:The booklet offering it to potential investors, it was posted on here a few days ago, I'll try and find it again later. Showed spikes in subscription of 107,000, plus 65,000 PPV's for Haye-Chisora and around 40,000 for Mayweather-Alvarez, a substantial fall in losses for 2013 compared to 2012, who the main investors are and that current subscribership is 120,000, the current base of existing and former subscribers is over 200,000 on Sky alone, 155,000 subscribers are needed to break even and have positive cash flow and at 200,000 subscribers it would be significantly profitable.JimJim2009 wrote:Expe, where do you get your BN subscriber figures from ?
The channel is brilliant and I want it to stick around. If they're still not breaking even, it surely can't last...
http://www.beaufortsharedealing.com/ipo ... tsheet.pdf
That is gloomy reading to me - I think the channel is doomed. I want it to succeed but jesus that's a lot more subscribers needed. The gap of 35,000 subscribers x £10 a month (soon to be £12) adds up to over four million quid. So if they need four million quid a year to break even, that is a big hole in the balance sheet. As long as they sit fit birds next to Bill Ives at ringside they might be alright