Golden Boy Enterprises buys The Ring

Old bones Ian · Post by **Old bones Ian** » 13 Sep 2007, 03:57

Interesting development in the US Oscar De La Hoyas , Golden Boy Enterprises has brought The Ring Magazine, this is seen as the premier boxing publication, also in the deal are KO and World Boxing.

So will The Ring rankings be able to stay independent?

dondada · Post by **dondada** » 13 Sep 2007, 04:00

Terrible, terrible news.

MightyWarrior · Post by **MightyWarrior** » 13 Sep 2007, 05:13

I'm told that the new look Ring mag will feature Oscar on the cover every month, wearing different outfits.

DavidPayne · Post by **DavidPayne** » 13 Sep 2007, 05:32

I actually dont think DLH will interfere, maybe I'm naive, but I actually back GBP to act with integrity and class.

Not sure what Nat would make of it though.

Autobarn · Post by **Autobarn** » 13 Sep 2007, 05:44

If Oscar is the paymaster, then Ring will act differently toward them. It's natural. You think Ivan Goldman is ever going to say, "Oscar doesn't seem to know which style of fighter he is" ever again in his columns?

DavidPayne · Post by **DavidPayne** » 13 Sep 2007, 06:02

Why not? Does DLH ever strike you as that shallow or childish?

He doesn't to me.

Remember this is a guy who wants to change things in boxing, yes, make some money, but he's making fights happen and getting fighters paid.

I dont think he would mess with the integrity of the sport's bible, he may have some ideas on better promotion or direction.

Like I said I may be naive.

Phenomenal-Nutrition · Post by **Phenomenal-Nutrition** » 13 Sep 2007, 06:15

DavidPayne wrote:Why not? Does DLH ever strike you as that shallow or childish?

He doesn't to me.

Remember this is a guy who wants to change things in boxing, yes, make some money, but he's making fights happen and getting fighters paid.

I dont think he would mess with the integrity of the sport's bible, he may have some ideas on better promotion or direction.

Like I said I may be naive.

#

Change things in boxing? You mean by stopping gift decisions on his own bills like Forbes-DHOPs - I wonder if it was Goldy Boy or uncle Bernard that sorted out the judges expenses for that 1

Or how about Marquez-Barrera - 1 of the judges was certainly paid off with a really wide card in a very close fight. I had Barrera winning but if your going to give it to Marquez its going to be close. I suppose Golden Boy thought Marquez would have more milage in him, would have the better shot of beating Pacman and was the one they needed to win.

I'm suprised DLH-PBF didnt have bribed judges, but Oscar did make sure he got options on Mayweather.

chris s · Post by **chris s** » 13 Sep 2007, 06:44

Of course it will change.

There wont be a bad word about De La Hoya.

EG: If there is a remark from Hatton's camp moaning about ticket allocation from GBP over a fight, will it get printed?

It is Oscar's toy and he'll do what he sees fit

Phenomenal-Nutrition · Post by **Phenomenal-Nutrition** » 13 Sep 2007, 06:48

As for the purchase it has to be a strategic 1

MightyWarrior · Post by **MightyWarrior** » 13 Sep 2007, 06:49

Well it's definitely bad news all round - how can it not be, when a major promotional outfit takes over a supposedly impartial publication.

It wont be as blatant as a certain promoters news paper column I'm sure, but why do we thing Oscar has bought the Ring? For the massive profits he's going to reap?

Max Molyneux · Post by **Max Molyneux** » 13 Sep 2007, 07:01

Most DLH belt holders will probably Inherit ring belts now.

Cannibal · Post by **Cannibal** » 14 Sep 2007, 18:35

Boxing great Oscar De La Hoya has purchased The Ring, a magazine in Blue Bell that has chronicled boxing since 1922 and is the oldest sports magazine in the country.
"As a young kid growing up, I was always waiting with anticipation to get the new issue of The Ring," De La Hoya said in a news release yesterday. "To be here now and actually own the title is a dream come true."

The acquisition last month by Sports & Entertainment Publications L.L.C., which is a subsidiary of De La Hoya's widely diversified Golden Boy Enterprises L.L.C., included KO, World Boxing and Pro Wrestling Illustrated. The price was not disclosed.

The seller was Kappa Publishing Group Inc., which bought the magazines in 1992. Kappa bills itself as the largest publisher of puzzle magazines and books in the United States.

The owner of Kappa, Nicholas G. Karabots, and his wife contributed $7 million to the purchase of The Gross Clinic.

Nigel Collins, editor of The Ring and the other boxing titles, said in an interview that the sale had made him optimistic about the future.

"Now we have somebody who owns the magazine who's a boxing person. . . . Because of the love of the sport, we'll be given the resources to do more than we have been."

Collins said that Golden Boy had hired seven employees from Kappa and that for the time-being, Golden Boy would rent office space and services from Kappa. He said there had been no talk of moving the magazines.

Founded by a New York Telegraph sports editor named Nat Fleischer, The Ring compiled the first monthly ratings in boxing and started awarding championship boxing belts in 1922. The first Ring belt went to heavyweight champion Jack Dempsey, who had an occasional byline in the magazine.

De La Hoya, winner of a gold medal at the 1992 Summer Olympics in Barcelona, Spain, and numerous world titles, said Golden Boy Enterprises would not meddle with the editorial content of the magazines.

Arnold C. Joseph, a lawyer with Cozen O'Connor, of Philadelphia, said he had become general manager of Sports & Entertainment Publications.

"I'm going to spend a significant amount of time helping Oscar build it up," said Joseph, who will keep his position at Cozen. He said he had been working with De La Hoya since 2004.

Joseph said The Ring's circulation was about 100,000 per month, though that goes up or down depending on whether there are high-profile fights.

He said the immediate priorities were to boost the magazine's online presence and to increase the amount of advertising in the magazine.

Autobarn · Post by **Autobarn** » 15 Sep 2007, 10:45

are we overrating the influence of The Ring in the first place?

TerribleTerry · Post by **TerribleTerry** » 15 Sep 2007, 11:44

Autobarn wrote:are we overrating the influence of The Ring in the first place?

In the UK it is a minor player due to it being so far out of date by the time it reaches these shores and its US-centric stance, but in the States and most of the rest of the world it is 'The Bible of Boxing'..

I used to love its mythical match ups section; its where I was introduced to fighters of by-gone eras such as Beau Jack and Victor Galindez.. it fuelled my interest in boxing's rich history.

It was the first boxing mag I ever bought, and I read it religiously through my early teens. I rarely even flick thru it in Smiths these days though, if I am honest.

Mario · Post by **Mario** » 15 Sep 2007, 11:51

TerribleTerry wrote:
Autobarn wrote:are we overrating the influence of The Ring in the first place?
In the UK it is a minor player due to it being so far out of date by the time it reaches these shores and its US-centric stance, but in the States and most of the rest of the world it is 'The Bible of Boxing'..

I used to love its mythical match ups section; its where I was introduced to fighters of by-gone eras such as Beau Jack and Victor Galindez.. it fuelled my interest in boxing's rich history.

It was the first boxing mag I ever bought, and I read it religiously through my early teens. I rarely even flick thru it in Smiths these days though, if I am honest.

Thats the reason i stopped buying it, does anyone know why its so out of date by the time we get it in the UK?

Also why is an issue dated November when it is out in September and has news from July?