Page 86 of 86 FirstFirst ... 3676848586
Results 1,701 to 1,704 of 1704

Thread: Ring Of Honor General Discussion Thread

  1. #1701
    World Champion
    indyfan's Avatar

    Status
    Offline
    Join Date
    Aug 2011
    Posts
    10,362
    Rep Power
    1610969

    Re: Ring Of Honor General Discussion Thread


  2. #1702
    Wrestling Goddest
    BattleKat's Avatar

    Status
    Offline
    Join Date
    Aug 2017
    Location
    Cincinnati, OH
    Posts
    404
    Rep Power
    189918
      Country                    United States

    Re: Ring Of Honor General Discussion Thread

    This is what happens when big, outside corporations get involved.
    From Cincinnati, comes the most stylish, elegant, bewitching, continuously charismatic, and fantastically fascinating woman to appear in this or any arena. Allow yourself to be seduced, enchanted, dazzled, and entranced by the all pink everything herself...BattleKat



  3. #1703
    I'm cool. I think
    The Gipper's Avatar

    Status
    Offline
    Join Date
    Apr 2016
    Posts
    2,506
    Rep Power
    1348680
      Country                    UK

    Re: Ring Of Honor General Discussion Thread

    Sinclair Broadcasting, the parent company of Ring Of Honor, issued a press release with their third quarter financial results for 2021 and it’s pretty clear why the decision was made for ROH to go on hiatus and why they released everyone from their contracts.

    According to the financial results, they have $12,530 million worth of debut and most of that ($8,124 million) is due to their streaming service (Diamond Sports Group LLC) that they have been working on launching.
    https://www.ringsidenews.com/2021/11/03/roh-owner-sinclair-broadcasting-reports-millions-in-debt/
    " I have this weird self-esteem issue where I hate myself but still think I’m better than everyone else."

  4. #1704
    Big Papa's Avatar

    Status
    Online
    Join Date
    Oct 2008
    Location
    Canada
    Posts
    16,885
    Rep Power
    2119313

    Re: Ring Of Honor General Discussion Thread

    What a weird way for them to show the debt. $8,124 million is $8.124 billion, Ringsidenews.

    I talked about this on the previous page. They paid $10.6 billion for a group of regional sports networks, of which they borrowed $8b to make happen, and then had to take a $4.23b write-down in value almost immediately. Regional sports networks are getting harder to keep profitable. Broadcast rights for major sports, even for a single sport, are expensive. And RSN's, by their nature, have limited viewership. The intent of Sinclair was to roll these broadcast deals into a streaming service, but the leagues aren't okay with this. If MLB, the NBA, or the NHL is going to allow for an all-inclusive streaming service, they are either going to get hundreds of billions from an existing service like Netflix or Amazon, or remove the middle-man and launch a service on their own.

    Sinclair might have just sunk themselves as a company with this move. ROH is just collateral damage.
    EVERY ENDING IS A NEW BEGINNING.
    YOUR LUCKY NUMBER IS NONE.
    YOUR LUCKY COLOUR IS DEAD.
    Motto:
    LIKE FATHER, LIKE SON.



Page 86 of 86 FirstFirst ... 3676848586

Thread Information

Users Browsing this Thread

There are currently 2 users browsing this thread. (0 members and 2 guests)

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •