Floyd Mayweather vs. Manny Pacquiao has broken yet another record. For the first time in pay-per-view history, a bout will cost fans $99 for a high definition feed. It’s by far the most expensive fight to date.
Via WSJ:
Under the terms being discussed, the fight will be sold for $99 for a high-definition feed and $89 for standard definition, both of which are record prices. The previous high was $74.95 for high-definition and $64.95 for standard.
Initially, pay TV distributors were asked to give up as much as 70% of the revenue instead of the usual 50% to 55%. That offer was quickly rejected.
Just when you thought it couldn’t get any crazier…
Some industry observers have predicted that it could top three million pay-per-view purchases, which could amount to upward of $300 million. The current record is $152 million for Mr. Mayweather’s fight with Saul “Canelo” Alvarez.
If you’re wondering why Mayweather and Pacquiao set aside their differences, well, there’s your answer.
[WSJ]
