11 Famous Actors and Their Embarrassing Early Film Roles

Tag: revenue

WEC 36 Videos + Bonus Info


(Urijah Faber vs. Mike Brown; props to MMA Scraps.)

Last night’s WEC show drew 5,227 fans for a live gate of $563,578, according to MMA Weekly. $7,500 bonuses were awarded to the following fighters:

Fight of the Night: Donald Cerrone and Rob McCullough for their three-round undercard war that some are calling a fight-of-the-year candidate; too bad we had to see the Filho/Sonnen debacle instead. Cerrone took home the unanimous decision win.

Knockout of the Night: Mike Brown for his beating of Urijah Faber. Which was nice and all, though Aaron Simpson kinda got robbed.

Submission of the Night: Rani Yahya for his first-round guillotine choke of Yoshiro Maeda, also from the undercard.

TKO of the Night?: Leonard Garcia reportedly got an extra $7,500 for steamrolling Jens Pulver.

Full results can be found here. More videos after the jump…

Read More DIGG THIS

Epic Fail: EliteXC’s Live Gate

Robbie Lawler EliteXC MMA
(Robbie Lawler does his best Joe Stevenson impression at EliteXC: Unfinished Business. Photo courtesy of Esther Lin via Fightlinker.)

The California State Athletic Commission has released figures on the attendance and gate revenue for Saturday’s “Unfinished Business” show, and good Lord are they awful. Of the 8,541 seats available for the event, only 2,871 — or 33.6% — were purchased by fans. Of the remainder, 3,701 were given away as comps, and 2,023 went totally unused. The 2,871 paid tickets brought in $268,715 in revenue, which is less than the dollar value of the tickets that were given away ($340,960).

So, not only was “Unfinished Business” a ratings disappointment, but its live attendance (6,752 Stocktonites in total) was destroyed by other major MMA events held in California recently. For example…

Affliction: Banned — 14,832 total attendance, 11,242* paid (Anaheim, 7/19/08)
Strikeforce: Melendez vs. Thomson — 7,288 total, 6,750 paid (San Jose, 6/27/08)
WEC 34: Faber vs. Pulver — 12,001 total, paid figure unavailable (Sacramento, 6/1/08)
Strikeforce: Shamrock vs. Le — 15,192 total, 14,710 paid (San Jose, 3/29/08)
UFC 76 (their most recent event in California) — 13,770 total, 11,817 paid (Anaheim, 9/22/07)
* figure is debatable.

Back in May, EliteXC’s “Primetime” card — held at Newark’s Prudential Center and starring Kimbo Slice and Gina Carano — drew a respectable 8,033 spectators. EliteXC plans on holding their next CBS show in October at the 20,000-seat BankAtlantic Center in Sunrise, Florida. Of course Kimbo is going to be a big draw in his home state, but unless EliteXC likes hearing the echo of thousands of empty seats, they might want to think about scaling back a little.

Read More DIGG THIS

ProElite Opens the Books

GS
(Gary Shaw: “The soup, salad, and breadsticks are on me.”)

Following in the footsteps of the floundering International Fight League, ProElite released its 10-K annual report last week, which revealed that even though EliteXC’s CBS deal might turn their fortunes around, things are still tough all over in the MMA world. Some highlights:

— ProElite has lost $31.3 million through 2007, including $27.1 million in 2007 alone.

— The company generated $5.3 million in revenue last year, including $4.6 million in live gate revenue and $447,679 in television and pay-per-view revenue.

— ProElite spent $9.6 million on events in 2007, including $2.9 million in production costs paid to Showtime. The company actually received no license fee from Showtime last year and absorbed all the production costs. ProElite will be receiving a licensing fee this year, however, reported to be between $50,000 (for ShowXC events) up to $500,000 (for major events).

— ProElite.com cost the company $3.3 million in 2007, while generating only $68,782 in revenue. Lesson: Social networking may be the hip trend these days, but good luck making a buck with it if your name isn’t Facebook or MySpace.

— EliteXC live events prez Gary Shaw earned $435,724 last year, $78 of which went to his wardrobe.

— As with the IFL, ProElite’s auditors have expressed “substantial doubt” about the company’s ability to sustain operations at this rate of financial loss.

So, ProElite didn’t earn a cent from Showtime for licensing last year, and the “Strikeforce on NBC” deal is a straight-up infomercial-style time buy. It may have seemed strange that these smaller leagues beat the UFC to network television, but when Dana White says “we’re not going to sign any deals that don’t make sense,” this is pretty much what he’s referring to.

Read More DIGG THIS

IFL and Bodog on Brink of Extinction; UFC Keeps Stacking That Paper

FB
(The Fertitta brothers, preparing to order something expensive.)

The poor get poorer while the rich land on the cover of Forbes: Financial stability was a recurring theme in MMA this week, as two prominent leagues face death while another cemented its place at the top. First the bad news…

— The IFL filed their 10k SEC report on Tuesday, and things are looking grim. Since the league was founded in January 2006, it has suffered losses of $31 million. Last year’s revenues weren’t nearly enough the make up for the $15.9 million it spent on events; notably, the IFL only took in $498,000 in sponsorship revenue and $117,544 in branded merchandise sales in 2007. At this rate, the company won’t be able to survive past the third quarter of the 2008 fiscal year, and due to their continued losses, the IFL’s auditors have included a paragraph in their financial statements questioning their financial viability, which will make it even harder for the IFL to secure the additional financing it needs to sustain operations. As the report says, “If revenues grow slower than we anticipate, or if operating expenses exceed our expectations or cannot be adjusted accordingly, we may not achieve profitability and the value of your investment could decline significantly.”

An earlier rumor that BodogFight was near death gained more traction yesterday with MMAWeekly’s report that the Bodog subsidiary may be ceasing operations next week. The company lost a reported $38 million in 2007, and hasn’t announced any more events since it sponsored a Las Vegas Tuff-N-Uff show in February. From the article:

Asked if the company was folding, one executive who declined to be named told MMAWeekly.com, “I can neither confirm or deny that.”

When asked what Bodog Fight was currently working on, the executive responded, “I’m sitting in an empty office.”

Of course, in the land of the Octagon, it’s all champagne and caviar…

Read More DIGG THIS
CagePotatoMMA