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On February 24 2013 18:16 kollin wrote:Show nested quote +On February 24 2013 18:13 JimmyJRaynor wrote:On February 24 2013 17:58 WolfintheSheep wrote:On February 24 2013 16:03 JimmyJRaynor wrote:On February 24 2013 12:38 WolfintheSheep wrote:On February 24 2013 09:53 JimmyJRaynor wrote:On February 24 2013 09:41 Dundron2000 wrote:On February 24 2013 09:24 JimmyJRaynor wrote:On February 24 2013 09:21 kollin wrote:On February 24 2013 09:18 JimmyJRaynor wrote:
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that is great, however, hte head of the IPL said they are 5 years from profitability.
Ziff Davis said "find another sugar daddy". What is that your Stone Cold Steve Austin imitation? http://www.eventhubs.com/news/2013/jan/07/ipl-spent-over-1-million-years-event-and-lost-money-they-expect-it-make-money-its-fifth-year/and as you know Ziff-Davis is trying to sell the league. although why any one would buy it to lose money for 5 years is beyond me. IPLs previous "value proposition" was that it drew traffic to IGN.com. ZD announced their alternative method of attracting that same traffic is by simply reporting on eSPorts events rather than paying out the prize money. well you said it yourself, 5 years from profitability.. so "losing" money for 5 years isnt really true, rather it means you will make money in the future to compensate for the initial costs. so it has more to do with short versus long term investement strategies rather than "sugar daddies". ya well there are 5 million assumptions that go into this "plan for profitability" any one can lose money. the tricky part is making it. if IPLs plan look like a sure thing to you then put together a group of investors and laugh all ur way to the bank. It's worth noting that most business (even small ones) are not profitable until a long time after they are established, simply by the nature of start up costs. While IPL may have put in $1million last year, a lot of that will be the cost of setting up infrastructure, hiring and training the employees, buying the required equipment, etc. and many businesses never see a profit and just go out of business. so far 2 big corporations are not willing to wait: Newscorp and ZiffDavis. and their actions speak louder than your words. Yes...and? If almost all businesses take a long time to offset start-up costs, and if some businesses close down after a short period, it stands to reason that some businesses close down without being profitable. This is technically what investing is all about: Losing short term money with the prospect of gaining in the long term. and IGN and the league it owns IPL was shopped around for months and months with Newscorp unable to find a buyer. finally it went to auction. no one thinks IPL is going to make some big turnaround. if you do... you should get some friends together and buy it.. because at this point its available for pennies on the dollar. OK you seem pretty confident, why don't you put your money where your mouth is. If IPL is sold, you get a 30 day ban. If IPL isn't sold, I get a 30 day ban.
buy is a ubiquitous term in this case....
whoever "buys" it has to put on 1 event of the scale of IPL5.
you do not deserve a ban though.
you are polite and pretty measured in what you are saying... you are just incorrect.. that is not a crime.
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On February 24 2013 18:13 JimmyJRaynor wrote:Show nested quote +On February 24 2013 17:58 WolfintheSheep wrote:On February 24 2013 16:03 JimmyJRaynor wrote:On February 24 2013 12:38 WolfintheSheep wrote:On February 24 2013 09:53 JimmyJRaynor wrote:On February 24 2013 09:41 Dundron2000 wrote:On February 24 2013 09:24 JimmyJRaynor wrote:On February 24 2013 09:21 kollin wrote:On February 24 2013 09:18 JimmyJRaynor wrote:On February 24 2013 08:17 Hikari wrote:
Having a large viewership helps maintain the scene economically somewhat, but there are also other ways in which you can save/make money. Having good management, sponsors, and good use of ad spaces will probably be something the scene can work on. I will be honest that a long time ago I did not know there is an energy drink called Nos, and recently I learned of this game called zoozoo bubbles... that is great, however, hte head of the IPL said they are 5 years from profitability. Ziff Davis said "find another sugar daddy". What is that your Stone Cold Steve Austin imitation? http://www.eventhubs.com/news/2013/jan/07/ipl-spent-over-1-million-years-event-and-lost-money-they-expect-it-make-money-its-fifth-year/and as you know Ziff-Davis is trying to sell the league. although why any one would buy it to lose money for 5 years is beyond me. IPLs previous "value proposition" was that it drew traffic to IGN.com. ZD announced their alternative method of attracting that same traffic is by simply reporting on eSPorts events rather than paying out the prize money. well you said it yourself, 5 years from profitability.. so "losing" money for 5 years isnt really true, rather it means you will make money in the future to compensate for the initial costs. so it has more to do with short versus long term investement strategies rather than "sugar daddies". ya well there are 5 million assumptions that go into this "plan for profitability" any one can lose money. the tricky part is making it. if IPLs plan look like a sure thing to you then put together a group of investors and laugh all ur way to the bank. It's worth noting that most business (even small ones) are not profitable until a long time after they are established, simply by the nature of start up costs. While IPL may have put in $1million last year, a lot of that will be the cost of setting up infrastructure, hiring and training the employees, buying the required equipment, etc. and many businesses never see a profit and just go out of business. so far 2 big corporations are not willing to wait: Newscorp and ZiffDavis. and their actions speak louder than your words. Yes...and? If almost all businesses take a long time to offset start-up costs, and if some businesses close down after a short period, it stands to reason that some businesses close down without being profitable. This is technically what investing is all about: Losing short term money with the prospect of gaining in the long term. and IGN and the league it owns, IPL, was shopped around for months and months with Newscorp unable to find a buyer. finally it went to auction. no one thinks IPL is going to make some big turnaround. if you do... you should get some friends together and buy it.. because at this point its available for pennies on the dollar. NewsCorp thought IGN and IPL were a waste of their time and money. No one thought IGN and IPL were worth anything during hte sales process. The second Ziff Davis buys IGN ... IPL is on the block. Ziff Davis thinks IPL is a waste of their time and money. you can twist your mind into a pretzel of rationalizations if it will make you feel better. i prefer to keep things simple. it is highly probably IPL will fold as soon as the contract for their previous commitments expire.
That's an awful lot of generalizations and assumptions that are masquerading as facts.
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On February 24 2013 18:17 JimmyJRaynor wrote:Show nested quote +On February 24 2013 18:16 kollin wrote:On February 24 2013 18:13 JimmyJRaynor wrote:On February 24 2013 17:58 WolfintheSheep wrote:On February 24 2013 16:03 JimmyJRaynor wrote:On February 24 2013 12:38 WolfintheSheep wrote:On February 24 2013 09:53 JimmyJRaynor wrote:On February 24 2013 09:41 Dundron2000 wrote:well you said it yourself, 5 years from profitability.. so "losing" money for 5 years isnt really true, rather it means you will make money in the future to compensate for the initial costs. so it has more to do with short versus long term investement strategies rather than "sugar daddies". ya well there are 5 million assumptions that go into this "plan for profitability" any one can lose money. the tricky part is making it. if IPLs plan look like a sure thing to you then put together a group of investors and laugh all ur way to the bank. It's worth noting that most business (even small ones) are not profitable until a long time after they are established, simply by the nature of start up costs. While IPL may have put in $1million last year, a lot of that will be the cost of setting up infrastructure, hiring and training the employees, buying the required equipment, etc. and many businesses never see a profit and just go out of business. so far 2 big corporations are not willing to wait: Newscorp and ZiffDavis. and their actions speak louder than your words. Yes...and? If almost all businesses take a long time to offset start-up costs, and if some businesses close down after a short period, it stands to reason that some businesses close down without being profitable. This is technically what investing is all about: Losing short term money with the prospect of gaining in the long term. and IGN and the league it owns IPL was shopped around for months and months with Newscorp unable to find a buyer. finally it went to auction. no one thinks IPL is going to make some big turnaround. if you do... you should get some friends together and buy it.. because at this point its available for pennies on the dollar. OK you seem pretty confident, why don't you put your money where your mouth is. If IPL is sold, you get a 30 day ban. If IPL isn't sold, I get a 30 day ban. buy is a ubiquitous term in this case.... whoever "buys" it has to put on 1 event of the scale of IPL5.
No, you're saying it won't find a buyer. I'm asking you to prove you're confident in this prediction.
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China6332 Posts
Oh really you guys... Why dont't you think about potential buyers of IPL?
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That isn't relevant at all.
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On February 24 2013 18:23 kollin wrote:That isn't relevant at all.
i was questioned as having no facts.
so here they are.
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On February 24 2013 18:24 JimmyJRaynor wrote:i was questioned as having no facts. so here they are.
OK, how do you know no one wants IPL? For all you know it found a buyer already and it just hasn't been announced yet. I suggest you stop making huge generalisations and maybe wait more than a few days to see where things go.
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On February 24 2013 18:24 JimmyJRaynor wrote:i was questioned as having no facts. so here they are.
You still don't get it, let me clarify what kollin meant by not relevant; we are talking about if someone wants to buy IPL, not IGN. Do you understand the difference between the two?
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On February 24 2013 18:24 JimmyJRaynor wrote:i was questioned as having no facts. so here they are.
Bananas are yellow!
There. That was a fact. I have it. Therefore I am right.
Besides, all this throwing around of "5 years until profitable".. you do know that IPL started in April 2011, right? So, at worst, it's 3 years until profitable. For an esports event (y'know, where nothing ever makes money), that actually sounds pretty good.
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On February 24 2013 20:24 Integra wrote:Show nested quote +On February 24 2013 18:24 JimmyJRaynor wrote:On February 24 2013 18:23 kollin wrote:That isn't relevant at all. i was questioned as having no facts. so here they are. You still don't get it, let me clarify what kollin meant by not relevant; we are talking about if someone wants to buy IPL, not IGN. Do you understand the difference between the two?
IPL was part of IGN and no one wanted it.
finally, after a long convoluted sales process the only company stepping forward to buy IGN immediately wants to sell IPL.
do you understand ?
the "value proposition" was that IPL drew an audience to IGN.com. that is now gone.
based upon this i'll be surprised if we see another event anything like IPL5 after the contractual obligations for IPL6 are met.
if you want to make any kind of projection into the future... do it.. and let's see who is closer a year from now.
other than that we're just going over the same set of facts.
if IPL is this sure fire success story why did Newscorp and Ziff-Davis want to get rid of it?
because they do not see any future profit in it.
neither do i.
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On February 25 2013 00:21 JimmyJRaynor wrote:Show nested quote +On February 24 2013 20:24 Integra wrote:On February 24 2013 18:24 JimmyJRaynor wrote:On February 24 2013 18:23 kollin wrote:That isn't relevant at all. i was questioned as having no facts. so here they are. You still don't get it, let me clarify what kollin meant by not relevant; we are talking about if someone wants to buy IPL, not IGN. Do you understand the difference between the two? IPL was part of IGN and no one wanted it. finally, after a long convoluted sales process the only company stepping forward to buy IGN immediately wants to sell IPL. do you understand ? the "value proposition" was that IPL drew an audience to IGN.com. that is now gone. based upon this i'll be surprised if we see another event anything like IPL5 after the contractual obligations for IPL6 are met. if you want to make any kind of projection into the future... do it.. and let's see who is closer a year from now. other than that we're just going over the same set of facts. if IPL is this sure fire success story why did Newscorp and Ziff-Davis want to get rid of it? because they do not see any future profit in it. neither do i.
No, IGN are going in a different direction with their coverage. That doesn't mean there isn't any future profit in it, it means IGN is restructuring and needs the money they'd usually put into IPL (hoping to start making a profit in around three years) elsewhere. Stop stating things like they're facts, they're not. Multiple people who work for IPL have said you're wrong, yet you persistently keep this line of argument.
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On February 25 2013 00:21 JimmyJRaynor wrote:Show nested quote +On February 24 2013 20:24 Integra wrote:On February 24 2013 18:24 JimmyJRaynor wrote:On February 24 2013 18:23 kollin wrote:That isn't relevant at all. i was questioned as having no facts. so here they are. You still don't get it, let me clarify what kollin meant by not relevant; we are talking about if someone wants to buy IPL, not IGN. Do you understand the difference between the two? IPL was part of IGN and no one wanted it.finally, after a long convoluted sales process the only company stepping forward to buy IGN immediately wants to sell IPL. do you understand ? the "value proposition" was that IPL drew an audience to IGN.com. that is now gone. based upon this i'll be surprised if we see another event anything like IPL5 after the contractual obligations for IPL6 are met. if you want to make any kind of projection into the future... do it.. and let's see who is closer a year from now. other than that we're just going over the same set of facts. if IPL is this sure fire success story why did Newscorp and Ziff-Davis want to get rid of it? because they do not see any future profit in it. neither do i.
Exactly, IPL is a part of IGN, which must mean that IPL is not EQUAL TO IGN, it is the relationship of "equal to" you are using as means of decucing your so called logical conclusion. which you cannot since they are not the same thing. Do you understand now by "not relevant",we mean as by making a COMPARISON between the purchase of IGN AND IPL doesn't make sense?
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Good luck to IPL, I think the future should be great for them since their tournaments are pretty well received and highly rated by our community.
It's just IGN isn't doing well enough and cannot afford to spare extra fundings, not surprising since there are so many reviews/trailers available on youtube nowadays.
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Pretty much expected. IPL was a money drain. People visiting IGN weren't interested in esports.
I highly doubt anyone will buy it.
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In my dream scenario NASL band together with IPL and they move in a GSL like studio. Gretech sells its license to IPL-NASL creating the NA-GSL and NA-GSTL. Regular starcraft broadcasts 5times a week.
NA-GSTL attracts the western teams to open a teamhouse near the studio. All NA teams will have 20+ players because a live team league can sustain them. Korean esports model complete. The NA pro scene will actually play the best starcraft on the planet.
...and then I wake up
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... I'm reading a lot of conspiracy theories being labeled as facts. wtf?
I mean, if you read the OP there are groups interested in buying IPL, and Ziff Davis/new IGN are talking with them. The likelyhood that IPL will just be shutdown completely isn't that high.
we are:
...
· Actively engaged with parties interested in acquiring IPL...
I dont think they are going to cut IPL if they can get something or anything out of it from selling it off. For them to just shut IPL down woud mean that these other parties were offering them less than nothing, since that is what ZD would get by just shuting it down.
The real question is if the new owners of IPL will keep up the quality of production and such. And there is also the case where ZD/IGN just decide to keep it for whatever reason. Who knows, they may find a use for it.
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IPL has provided so much content since it's been created, hope they will find someone soon, would be quite sad otherwise! GL to you guys! <3
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Best of luck to IPL and all their staff, IPL FIGHTING!!
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On February 24 2013 21:09 Conti wrote:Show nested quote +On February 24 2013 18:24 JimmyJRaynor wrote:On February 24 2013 18:23 kollin wrote:That isn't relevant at all. i was questioned as having no facts. so here they are. Bananas are yellow! There. That was a fact. I have it. Therefore I am right.
I call bullshit sir, some bananas are green.
IPL will fall, if there is money to be made another tournament will take its place.
That's how business works.
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EPT
