In the world of boxing, pay-per-view (PPV) events have long been a staple, providing fans with the opportunity to witness epic clashes between legendary fighters. Over the years, however, the cost of these events has steadily risen, leaving some fans disgruntled. Now, Showtime’s president of sports and event programming, Stephen Espinoza, has shed light on another issue plaguing the PPV landscape: rampant piracy.
Since 1986, Showtime has been at the forefront of delivering captivating boxing matches featuring iconic figures like Mike Tyson, Floyd Mayweather Jr., and Manny Pacquiao. Moreover, this year alone, the network has already treated fans to several thrilling PPV events. Nevertheless, Espinoza’s recent revelation regarding the impact of piracy has sent shockwaves through the boxing community.
In an interview with JohnWallStreet, Espinoza delved into the challenges faced by the industry when it comes to projecting revenues accurately. One significant hurdle, he emphasized, is the prevalence of illegal streaming, which siphons viewers away from legitimate PPV purchases. Espinoza admitted that the extent of piracy’s influence on the boxing business is disheartening. He also estimated that PPV buys are being depressingly reduced by at least 30 to 40% due to piracy.
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“If what the fighters view as fair is not what any of the business people think can be generated because of [illegal streaming], then fights do not happen. Our best guess is [that] buys are being depressed by at least 30 to 40% [due to digital theft.]” he said
This revelation has only served to fuel the frustration of fans, who already find themselves grappling with the escalating costs of PPV events. With prices steadily climbing, supporters of the sport have become increasingly vocal about their displeasure.
Fans outraged as Stephen Espinoza blames piracy for low PPV buys
A user named Derek Cleary urged the Showtime president to stop charging high amounts, so fans could easily purchase fights. “Stop charging f***in fortune then” he wrote.
Another user named Jonathan Cava claimed that this problem can be reduced if only the fights which are worthy of PPV are shown there. “It might actually happen less, if they only used the PPV model, for fights that actually warrant it” he wrote.
A user named Christian Lopez hilariously stated that if he paid for every PPV he would end up broke. “If I paid for every PPV, I would have been broke, disappointed. And never seen a bunch of lesser fighters on the undercard” he wrote
A user named Larry Williams wanted PPV fight to be streamed on network television. “Good. Start putting more fights on network television.” he wrote.
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Also, a user Orlando Ramírez stated that nobody wanted to pay huge sums for undeserving fights. “Duh, no ones wants to pay crazy money unless it’s a historic fight. So I’ll continue streaming it.” he wrote.
The persistent rise in PPV prices has led to an imbalance that has fueled piracy as a form of protest. Fans argue that many fights, which are billed as PPV events, should not fall under this category. As the boxing world grapples with these challenges, the fervor among fans remains unabated. Until a solution is found, the tension between the rising PPV prices and piracy will continue to cast a shadow over the boxing landscape.
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What did you think about the outrage surrounding PPV prices in boxing? Let us know in the comments.
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