Netflix and WBD announced merger intentions on December 5. Netflix was going to pay an equity value of $72 billion, or an approximate total enterprise value of $82.7 billion, for part of WBD. At the time, NBC News reported that WBD’s total market value was $60 billion.
Leeds say they will struggle to break even on Vegas as the Super League teams have to pay all their own costs. So how difficult a decision was it to give up a home game to go? “It was a big decision and one that we didn’t take lightly. Part of our strategy is to constantly raise our profile and when you looked at the results from a marketing and audience perspective for Wigan v Warrington in Vegas last year, the eyeballs on that were incredible. You don’t get given a pot of money: you have to generate your own money through ticket sales. But like Leeds, we felt that we have a big enough fanbase to financially support our ability to go out there. It’s an incredibly tough schedule but to put ourselves on that stage was too big an opportunity to turn down. A year ago we said: ‘What if we won the Grand Final? It’ll be the World Club Challenge and straight into Vegas.’ We just decided to worry about it when it happens. And now it’s happened!”
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