Eric Bischoff believes that Tony Khan purchasing Ring Of Honor will be great long-term for AEW even if short-term won’t provide a strong return on investment. Eric Bischoff spoke with co-host Conrad Thompson on the latest episode of 83 Weeks and the former WCW President gave his perspective as to why the AEW President buying all rights regarding ROH is a good move overall.
“I think it was a good deal. If Tony’s goal ultimately is to build, independent of Turner, is to build his own streaming platform? Absolutely the acquisition of Ring of Honor makes sense. It’s not going to make financial sense in the short term, it’s just not. How many people around in the United States television viewing audience, how many of them even know what Ring of Honor is,” Eric said.
“Short term, it is not going to be profitable but three years from now, five years from now, seven, 10 years out… Because streaming platforms are popping up every day. That’s getting bigger and bigger and bigger and guess what? Content becomes more and more valuable over time. Content that probably wasn’t worth anything five years ago conceivably is not worth quite a bit of money because the market has grown and the ability to feed it with content has not.”
“My opinion, short term that library is going to mean absolutely nothing and in a lot of cases it looks like s–t. You couldn’t do anything with it anyway, it looks like it was built on a phone in a high school gym. But there’s still some great content there.”
Bischoff also breaks down as to why there’s likely no value in Khan continuing the ROH relationship with Sinclair Broadcasting.
Transcription credit should go to Sondra Ruth of Inside The Ropes
Check out the entire episode of 83 Weeks below:
