MAYWEATHER vs. PACQUIAO EVENT SHATTERS RECORDS FOR PPV BUYS, PPV REVENUE, LIVE GATE AND MORE
Generates Combined Total Revenues In Excess of $500 Million
NEW YORK (May 12, 2015) -The boxing blockbuster event, Floyd Mayweather vs. Manny Pacquiao, shattered the previous record for total pay-per-view buys and now ranks as the highest-grossing pay-per-view of all time.
Initial reports from distributors indicate that the event generated more than 4.4 million U.S. buys and more than $400 million in domestic pay-per-view revenue alone. With additional revenue from the live gate at MGM Grand in Las Vegas, international television distribution, sponsorships, closed circuit and merchandise sales, the event is expected to generate in excess of $500 million in gross worldwide receipts.
The news was announced jointly by Showtime Networks Inc., a subsidiary of CBS Corporation, and HBO in conjunction with event promoters Mayweather Promotions and Top Rank, Inc.