HBO’s World Championship Boxing has been premiering memorable fights on television for the past 41 years. They include fights such as The Rumble in the Jungle, Julio Ceasar Chavez’dramatic knockout win over Meldrick Taylor, James Douglas’ stunning upset over Mike Tyson, and many more. HBO now plans to concentrate in a new form of medium.
According to The New York Times, “HBO announced Wednesday that it would start a stand-alone Internet streaming service in the United States in 2015 that would not require a subscription to a traditional television service.”
The details of price regarding any aspect remain uncertain. It’s unclear if the price of HBO television would cheapen. How much would HBO’s online streaming service cost? Or what this means for boxing fights? What is certain is, they are striving to make a bigger impact amongst the new technological savvy generation.
According to Time, HBO chief Richard Pepler stated:
“This is a large and growing opportunity that should no longer be left untapped. It is time to remove all barriers to those who want HBO. There are 80 million homes that do not have HBO and we will use all means at our disposal to go after them.”
If this new business model of HBO is successful, it would not be surprising if other networks follow in their footsteps. This will also give an incentive to some of their established audience members, to unsubscribe and watch from the web if this method of viewing is less expensive.