not a very good way to run a business…

Schleimer said the event’s ā€œfinancial profileā€ resulted in a roughly $30 million loss, which the company ā€œanticipatedā€ beforehand. UFC spent about $60 million in production costs for the event.

  • artyom@piefed.social
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    22 days ago

    This story is a nothingburger

    Schleimer said the event’s ā€œfinancial profileā€ resulted in a roughly $30 million loss, which the company ā€œanticipatedā€ beforehand.

    I promise the company isn’t throwing away money for the fun of it. There are lots of different ways to look at profit. I’d bet a lot of that money found its way into the President’s pockets.

    Just like Amazon ā€œlostā€ $5M on the Smelania doc.

    As a tangent, fuck articles that have videos pinned at the top about a completely different subject.

    • northernlights@lemmy.today
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      22 days ago

      Ofc. If Trump did something it’s because it lined his pockets. He doesn’t have any other motivation. I’m sure nobody involved actually lost any money and it just looks that way because of the way they do their accounting.

    • raze2012@lemmy.world
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      22 days ago

      There are lots of different ways to look at profit.

      They claim ā€œexposureā€ and ā€œnew marketing opportunitiesā€.

      I think they are just (literally) kissing the ring and getting in on the corruption train before it crashes.