Quote:
Originally Posted by RichardCoulter
I don't think we will be getting Boxnation HD and I do think we will get Universal HD.
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Agreed. And BoxNation HD is only for live fights, it's not a full-time channel. I'm not convinced that BoxNation's current business model is working for them. The stock market flotation was cancelled and Rainham Steel owner and boxing fan Bill Ives took a 36% stake in them last year. This reduced Frank Warren's stake and injected funding of £3.6m helping fund the HD channel and cover losses. The company remains unprofitable in the UK squeezed by Sky's PPV and Channel 5. It's not a big business so not a massive money drain so could be funded by wealthy benefactors who don't mind spending a couple of £m a year on it. Its international licensing of the format seems not to have happened so I'm not sure where they can go next in terms of making it profitable.