Floyd Mayweather Jr. won the much anticipated boxing match against Manny Pacquiao by unanimous decision, but the real victors on May 2 were HBO and Showtime. With 4.6 million PPV buys and over $410 million in domestic PPV revenue, the 12-round fight has knocked out all competitors to be the most watched and highest grossing pay-per-view event ever. The revenue result comes in just over what ringside commentators estimated on the night of the fight – and that’s despite streaming of the battle showing up on Twitter’s Periscope app and other similar tech plus cable outages.
The previous highest grossing PPV event was Showtime’s September 14, 2013 presentation of Mayweather’s fight with Saul “Canelo” Alvarez – a fight that #MayPac more than doubled. That Las Vegas match of almost 2 years ago saw a Mayweather victory and almost $150 million in domestic PPV revenue. The previous PPV-buys high were the 2.48 million buys for the May 24, 2007 fight between Mayweather and Oscar De La Hoya.
Overall HBO and Showtime’s joint presentation of the welterweight world championship unification fight earlier this month is estimated to eventually pull in more that $500 million in revenue from PPV, the gate, licensing and merchandising globally.
Can you say re-match?