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Post by animus on Feb 27, 2016 18:12:39 GMT -8
Not when the cow has a terminal cancer and the days are numbered…. Not everyone agrees with me, but I see the brand as being worthless (dead) in the USA. I didn't feel that way when I owned half of the company and trademarks...but I did know it was minimal and that it would have to be built up. Nothing I've seen from current leadership makes me feel like they've added any value since then.....actually it's gone way down. If the cancer was removed and someone tried to start over...again...I see it as a virtually impossible uphill struggle in the US. The brand might have minimal value elsewhere. The logo and the ability to tie the history (with out use of the majority of it's historical video library) is it's only value internationally. Hell it's only trademarked in the US and Japan....at least that was the case when I left. It's wide open in Australia, Europe, etc. If you think about the current system, brand licensing deals outside of the US or Japan aren't really necessary....unless you want to be connected to the current incarnation I don't see any value in that personally, but I guess some do. Couldn't the NWA be considered a low risk/high reward for a potential investor?
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Post by tonybrooklyn on Feb 27, 2016 20:07:09 GMT -8
Not everyone agrees with me, but I see the brand as being worthless (dead) in the USA. I didn't feel that way when I owned half of the company and trademarks...but I did know it was minimal and that it would have to be built up. Nothing I've seen from current leadership makes me feel like they've added any value since then.....actually it's gone way down. If the cancer was removed and someone tried to start over...again...I see it as a virtually impossible uphill struggle in the US. The brand might have minimal value elsewhere. The logo and the ability to tie the history (with out use of the majority of it's historical video library) is it's only value internationally. Hell it's only trademarked in the US and Japan....at least that was the case when I left. It's wide open in Australia, Europe, etc. If you think about the current system, brand licensing deals outside of the US or Japan aren't really necessary....unless you want to be connected to the current incarnation I don't see any value in that personally, but I guess some do. Couldn't the NWA be considered a low risk/high reward for a potential investor? Thats how I viewed it. It will take A LOT of work. Work doesn't mean delegating responsibility to others. 't will take PATIENCE. Patience is not a 1-2 year plan. It will take an INTELLIGENT approach...and a commitment to writing and executing a REAL business plan. Looking for the next money mark is not a business plan. "Just taking their money" is not a business plan. Fantasy booking is not a business plan. Grandiose/delusional though is not a business plan. While it (the brand) could be low risk/high reward, it could also be an albatross. After I rebranded, my crowds got larger....and I had several fans return (who had disappeared) who told me that my heavy involvement and commitment to the alliance "style" caused them to stay away. Not being alliance allowed me to book wrestlers that didn't fit the alliance profile. IF this brand were to be purchased by anyone, anywhere, considering the hurdles and challenges it would take to meet that "high reward" concept, they would certainly have to buy it at "low risk" dollars. 6-8 million isn't the dollars...maybe 6-8 thousand would make more sense. Some of you may disagree, but "I have the t-shirt".....been there, done that. Buying a lottery ticket is low risk, high reward. Considering the amount of work and luck it would need to realize that high reward, I think the lottery ticket example is a good barometer of what the person owing the brand would have.
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Post by Fred Richards on Feb 28, 2016 4:21:17 GMT -8
Not everyone agrees with me, but I see the brand as being worthless (dead) in the USA. I didn't feel that way when I owned half of the company and trademarks...but I did know it was minimal and that it would have to be built up. Nothing I've seen from current leadership makes me feel like they've added any value since then.....actually it's gone way down. If the cancer was removed and someone tried to start over...again...I see it as a virtually impossible uphill struggle in the US. The brand might have minimal value elsewhere. The logo and the ability to tie the history (with out use of the majority of it's historical video library) is it's only value internationally. Hell it's only trademarked in the US and Japan....at least that was the case when I left. It's wide open in Australia, Europe, etc. If you think about the current system, brand licensing deals outside of the US or Japan aren't really necessary....unless you want to be connected to the current incarnation I don't see any value in that personally, but I guess some do. Couldn't the NWA be considered a low risk/high reward for a potential investor? When a savvy investor commits funds, there must be a reasonable probability that those funds will return growth proceeds. The invested-in entity must have tangibles - - plant, equipment, distribution, inventory, agents, etc. When my broker suggests I invest, he provides a prospectus showing the aforementioned tangibles - plus, as Mr. Brooklyn wisely states - a reasonable and cogent business plan/strategy showing how funds will be used. Also, I am given stock certificates; regulated by federal agencies to insure oversight and recourse in case of mis/malfeasance. Periodic reports are made, according to law, especially since the entity might be conducting both interstate and international transactions. "Investing" to merely pay off debts that were accrued due to ridiculous decisions and scores of "rookie errors" is not an investment. Rather, it is a gift; money the investor loses the second the ink is dry on his/her check. Let's play devil's advocate for a moment. We live in an age when "Go Fund Me" and other such avenues are commonplace. However, even in those cases where it is clear that what a benefactor is funding must have bona fides. Scams are actionable as a matter of law. Are there certified books available for inspection? Are there owned-assets? Are their contracts for distribution/possible growth? Are there codified business strategies? Are there competitors who have already cemented the majority of the market? Or is this investment an excursion into the world of three-cornered wheels concocted within the walls of a decapitated bungalow? A bungalow that stands as a testimonial to a possible lack of competency, judgement, morals, ethics and personal failure. Will Rogers once said to "buy land because they ain't making any more of it." In the instant case, nothing could be farther from the truth. Upstarts come-and-go on a daily basis. And more "go" then "come" leaving a sea of red ink in their wake. Buy a handful of air, anyone???
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Post by animus on Feb 28, 2016 6:16:24 GMT -8
Couldn't the NWA be considered a low risk/high reward for a potential investor? Thats how I viewed it. It will take A LOT of work. Work doesn't mean delegating responsibility to others. 't will take PATIENCE. Patience is not a 1-2 year plan. It will take an INTELLIGENT approach...and a commitment to writing and executing a REAL business plan. Looking for the next money mark is not a business plan. "Just taking their money" is not a business plan. Fantasy booking is not a business plan. Grandiose/delusional though is not a business plan. While it (the brand) could be low risk/high reward, it could also be an albatross. After I rebranded, my crowds got larger....and I had several fans return (who had disappeared) who told me that my heavy involvement and commitment to the alliance "style" caused them to stay away. Not being alliance allowed me to book wrestlers that didn't fit the alliance profile. IF this brand were to be purchased by anyone, anywhere, considering the hurdles and challenges it would take to meet that "high reward" concept, they would certainly have to buy it at "low risk" dollars. 6-8 million isn't the dollars...maybe 6-8 thousand would make more sense. Some of you may disagree, but "I have the t-shirt".....been there, done that. Buying a lottery ticket is low risk, high reward. Considering the amount of work and luck it would need to realize that high reward, I think the lottery ticket example is a good barometer of what the person owing the brand would have. To be honest, if I bought the rights to the NWA tomorrow for X amount of dollars, I'd likely delegate a ton of responsibilities. I'd certainly get with all of the promoters and bookers and itch out a plan for not only the NWA brand but for their local promotions. I don't know anything about booking; therefore, that responsibility would be on some sort of council led by the individual bookers. I'd say my biggest responsibility is getting the local promotions on local TV and at worst on YouTube or some other streaming network. Which includes cameras, production equipment etc... On top of that, those like Smoky Mountain, that are already on local tv, how do I ensure they have at least 1 live iPPV a quarter. Therefore, the progression has to be babysteps from YouTube to TV to iPPV's. In the meantime I'd encourage regional promotions (territories) to put on supershows and air them live on iPPV. I definitely don't know what the alliance profile is for wrestlers nor the style. But you definitely gotta do what you gotta do that makes you the most money. I have to agree with your last para. Fair points all the way around.
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Post by tonybrooklyn on Feb 28, 2016 21:07:13 GMT -8
Thats how I viewed it. It will take A LOT of work. Work doesn't mean delegating responsibility to others. 't will take PATIENCE. Patience is not a 1-2 year plan. It will take an INTELLIGENT approach...and a commitment to writing and executing a REAL business plan. Looking for the next money mark is not a business plan. "Just taking their money" is not a business plan. Fantasy booking is not a business plan. Grandiose/delusional though is not a business plan. While it (the brand) could be low risk/high reward, it could also be an albatross. After I rebranded, my crowds got larger....and I had several fans return (who had disappeared) who told me that my heavy involvement and commitment to the alliance "style" caused them to stay away. Not being alliance allowed me to book wrestlers that didn't fit the alliance profile. IF this brand were to be purchased by anyone, anywhere, considering the hurdles and challenges it would take to meet that "high reward" concept, they would certainly have to buy it at "low risk" dollars. 6-8 million isn't the dollars...maybe 6-8 thousand would make more sense. Some of you may disagree, but "I have the t-shirt".....been there, done that. Buying a lottery ticket is low risk, high reward. Considering the amount of work and luck it would need to realize that high reward, I think the lottery ticket example is a good barometer of what the person owing the brand would have. To be honest, if I bought the rights to the NWA tomorrow for X amount of dollars, I'd likely delegate a ton of responsibilities. I'd certainly get with all of the promoters and bookers and itch out a plan for not only the NWA brand but for their local promotions. I don't know anything about booking; therefore, that responsibility would be on some sort of council led by the individual bookers. I'd say my biggest responsibility is getting the local promotions on local TV and at worst on YouTube or some other streaming network. Which includes cameras, production equipment etc... On top of that, those like Smoky Mountain, that are already on local tv, how do I ensure they have at least 1 live iPPV a quarter. Therefore, the progression has to be babysteps from YouTube to TV to iPPV's. In the meantime I'd encourage regional promotions (territories) to put on supershows and air them live on iPPV. I definitely don't know what the alliance profile is for wrestlers nor the style. But you definitely gotta do what you gotta do that makes you the most money. I have to agree with your last para. Fair points all the way around. Nice thoughts about getting together with the promoters, scratching out a plan, etc. Same thoughts I had. The reality is, you can't get 2 promoters to agree on 1 champion much less dozens to make numerous decisions. Wrestling is a very selfish industry that has a lot of insecure people in it. Everyone is out for themselves, their guy or their promotion....and can't look at things rationally. If you are going to be delegating, you'd better be paying the people in those spots....and then you'd better be supervising them to make sure they are doing their jobs. Virtually everyone you delegate to will let you down. Guaranteed. Lets say you get all of the help you desire through delegation and are now working on the TV project. How much do you think it costs to run good television? How much per episode will it cost? Too many promotions provide video thats not properly lit, etc. The best independent TV I think I've seen was at Total Championship Wrestling. I have a good idea of what it cost Matt to run that thing...it's probably the reason he's not doing it anymore. So lets say you have really good TV, like Matt had. Now....who sees it? Are you going to buy television rights and sell the advertisements yourself across the country? Who exactly sees value in advertising on minor league wrestling television? Thats what the alliance is...and would be...unless you had Panda Energy money to burn. It all sounds easy....but it's the farthest thing from easy. Lets say your delegation works, you get great looking TV, you have distribution and advertisements sold....now you have to get ratings. WWE is struggling for ratings. Wrestling on TV isn't what it used to be. Wrestling in arenas across the country isn't what it used to be. The fact is....anyone who hasn't done this before would struggle to get past step 1 (the delegation and management of the brand, licensees, talent, etc).
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Post by animus on Feb 29, 2016 5:56:48 GMT -8
Agree... It's definitely not easy or NWA Promotion would be on TV and such (and every single Indy promotion for that matter especially GFW). All points are fair, which I also considered. It's all about they eyeballs that are watching so the advertisers pour in. With adverts, the network gets paid then the network pays the promotion.
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Post by Jay Cal on Feb 29, 2016 9:55:34 GMT -8
Technology is ever evolving. I think most wrestling companies who are trying to secure television are going to fail (unless they have a savvy TV Person working with them.) I think there are other avenues to be explored that can still add compensation to an entertainment company. Again, these aren't model for folks who are just getting into the business, entertainment or professional wrestling.
And with all respect due, I don't think anyone in the NWA is savvy enough to land a big money contract in the entertainment industry.
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Post by gmellos on Feb 29, 2016 9:56:10 GMT -8
Realistically IMO the NWA will only work if there was only 5-8 "good" promotions who made a commitment to work together, while putting aside drama/ego and left it that way while slowly building up their areas for 5-10 years.
"Good" promotions are Smokey Mt and CWFH. Those are only the ones that my flu infected brain can think of at this time. Im sure there are others!!
But again what the hell do I know. I have NEVER promoted a show.
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Post by tonybrooklyn on Feb 29, 2016 10:36:24 GMT -8
Realistically IMO the NWA will only work if there was only 5-8 "good" promotions who made a commitment to work together, while putting aside drama/ego and left it that way while slowly building up their areas for 5-10 years. "Good" promotions are Smokey Mt and CWFH. Those are only the ones that my flu infected brain can think of at this time. Im sure there are others!! But again what the hell do I know. I have NEVER promoted a show. Quality over quantity. The boss will love hearing that. I only told him a million times. But...."just take their money" happens.
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Post by gmellos on Feb 29, 2016 11:04:26 GMT -8
Realistically IMO the NWA will only work if there was only 5-8 "good" promotions who made a commitment to work together, while putting aside drama/ego and left it that way while slowly building up their areas for 5-10 years. "Good" promotions are Smokey Mt and CWFH. Those are only the ones that my flu infected brain can think of at this time. Im sure there are others!! But again what the hell do I know. I have NEVER promoted a show. Quality over quantity. The boss will love hearing that. I only told him a million times. But...."just take their money" happens. Well at this stage in the game it would be better to just have a small group of strong promotions who agree to work together than having a ton of under funded, inexperience or just plain shitty promotions who pay their 500.00 bucks. The Roman Empire was NOT built in a day!
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Post by tonybrooklyn on Feb 29, 2016 11:25:08 GMT -8
Quality over quantity. The boss will love hearing that. I only told him a million times. But...."just take their money" happens. Well at this stage in the game it would be better to just have a small group of strong promotions who agree to work together than having a ton of under funded, inexperience or just plain shitty promotions who pay their 500.00 bucks. The Roman Empire was NOT built in a day! You mean the Romans just didn't throw shit at the wall and get lucky?
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Post by gmellos on Feb 29, 2016 13:30:25 GMT -8
Well at this stage in the game it would be better to just have a small group of strong promotions who agree to work together than having a ton of under funded, inexperience or just plain shitty promotions who pay their 500.00 bucks. The Roman Empire was NOT built in a day! You mean the Romans just didn't throw shit at the wall and get lucky? LOl Given that before I got into my current career in IT I had dreams of being a History Professor (My main emphasis would have been Late Antiquity Europe/Near East to early Renaissance or basically 300-1460) so I would say you are correct. LOL But if you are just in the business of milking people then Bruce Tharpe's model is prefect cause it gives any inexperience to half ass promoter rights to use the NWA. It hurts what legacy the NWA has but it is a win win for the Tharpe and the undeserving promoter
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Post by Crazzysteve on Feb 29, 2016 14:35:31 GMT -8
Fred when can we expect this to get interesting?
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Post by gmellos on Feb 29, 2016 14:42:06 GMT -8
Fred when can we expect this to get interesting? Well I don't know if it would be in their best interest to let everyone know the details of when and what they are doing until they do it first.
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Post by tonybrooklyn on Feb 29, 2016 14:47:22 GMT -8
This thread has Ric Flair potential.
#bestever
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