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ROH Sold (Don't Worry, Its Good News)

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Willy1225 View Drop Down
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    Posted: 21/May/2011 at 22:18

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ROH sent out the following today…

RING OF HONOR ANNOUNCES SALE TO SINCLAIR BROADCAST GROUP

BRISTOL, PA. (MAY 21, 2011)--Ring of Honor Wrestling owner, Cary Silkin, announced today the sale of the promotion to Sinclair Broadcast Group, Inc., one of the largest television broadcasters in the country and which owns and operates, programs, or provides sales services to 58 television stations in 35 markets across the United States.

ROH, currently the third largest wrestling promotion in the country, just celebrated its ninth anniversary, and Mr. Silkin is excited about taking the next step towards increasing the company's visibility and expanding its operations.

"We have been waiting for and working for this opportunity for quite some time", he said, "and of our 9 years in business, there has been no better roster of wrestlers than this one to expose the ROH product to the masses. With Sinclair's resources and many avenues of distribution, we believe many new fans around the world will be as captivated as those who have followed Ring of Honor over the years."

The month of September will see the debut of the new Ring of Honor television program which will be syndicated across the Sinclair network of stations, and with it, ROH will become the only wrestling promotion in the United States with a major, multi-market presence on broadcast TV. But if you don't live in a market with a Sinclair station, fear not, says Mr. Silkin. "Through our revamped website we will be able to make the TV show available to anyone in the world with internet access."

Sinclair officials are enthused about the project as well.

"We are very excited about this acquisition," commented Steve Marks, COO of Sinclair's Television Group. "Television and professional wrestling have a long history of successful partnerships and driving viewership. Unfortunately, the broadcast networks have not protected that relationship, allowing professional wrestling to migrate to cable network distribution. We believe that the powerful promotional platform that our TV stations provide, coupled with our 22% share of the U.S. TV households, will allow ROH to achieve name brand recognition and grow its share of the wrestling market. When you consider the makeup of our station mix and the number of CW, MYTV and FOX affiliates we operate, this is a perfect fit for our viewer demographics." Mr. Marks also noted, "Longer-term, we can envision syndicating ROH wrestling to broadcasters in markets where Sinclair does not have a presence, and even internationally."

Mr. Silkin assures the ROH fans worldwide that they will be seeing the same exciting, hard-hitting style of pro wrestling that they have become accustomed to. "We have established the name Ring of Honor as synonymous with the best in-ring action in the sport. The only thing that will change is that it will now be easier for fans around the world to follow. Our visibility will increase greatly--our production will be upgraded--but the work ethic of our incredible talent roster and our athletic style of wrestling will remain the same. This is what our fans have told us they want, and we will continue to give it to them."

The current front office staff, including Cary Silkin, Syd Eick, and Ross Abrams, will remain with ROH going forward. Hunter Johnston, a favorite of ROH fans for years as the masked grappler Delirious, will still handle matchmaking, Jim Cornette will remain as executive producer, and other familiar faces like ring announcer Bobby Cruise and senior referee Todd Sinclair will be in place."

Additionally, longtime wrestling broadcaster Kevin Kelly, already the voice of ROH internet pay-per-views, will assume the TV play-by-play chair this fall. Veteran NWA and WCW promoter Gary Juster will come aboard to be in charge of live event operations, which are planned to continue in current ROH markets as well as expanding into new locations concurrent with the increased TV exposure.

Mr. Cornette, who along with Mr. Johnston, will be in charge of talent and matchmaking, sees this as a new beginning for pro wrestling. "This is not old-school wrestling, and it's not sports entertainment," said Mr. Cornette. "This is wrestling for the 21st century, a new style developed by fresh, young stars that incorporates wrestling, mixed martial arts and high-flying, high-risk action with unique personalities, and it's showcased by a sports-based presentation completely different from any other product out there. In my 30 years in the sport, it's the most exciting live-event wrestling experience I've seen, and I'm thrilled to help bring it to broadcast TV."

A major press conference, open to wrestling press and mainstream media alike, is being planned for Baltimore on Friday, June 24th. This event will feature a number of the ROH staff and wrestlers both announcing news about ROH's future and answering questions. The media event will be presided over by new ROH COO, Joe Koff. Mr. Koff, a longtime Sinclair executive with an extensive background in TV sales and management, also has experience in pro wrestling television production and syndication. Most visible of his projects may have been the first-ever live, prime time syndicated pro wrestling events, the Battle of the Belts, which aired from 1985 to 1987. These Championship Wrestling from Florida-based cards were broadcast live to a syndicated network of stations and may be best-remembered for the classic Ric Flair vs. Barry Windham NWA World Title contest from St. Petersburg.

The press event will kick off a weekend which includes ROH's next internet pay-per-view event, "Best In The World 2011," live from the Hammerstein Ballroom in New York City on Sunday, June 26th at 4PM EST. In addition to all the top stars on the ROH roster, this event will feature the return of some favorite stars from Ring of Honor's past, and can be ordered by anyone in the world with internet access through Gofightlive.tv for only $14.95. More information about Ring of Honor can be obtained through their website, www.rohwrestling.com.

This will enable ROH to possibly get on TV where people can actually watch it.
 
Now this is an interesting situation for the huge ROH fans (most of which are quite delusional about how popular ROH actaully is) as if ratings are absolute shit, they would have no choice but to shut up and realize that ROH isnt gods greatest gift to wrestling
 
Or
 
Its a ratings winner and it forces TNA to change the program if they want to maintain the edge over ROH if its ratings climb quickly.
 
One way or the other this is an interesting development to say the least. I look for wwe or TNA to raid the talent pool of ROH to handicap ROH before their big TV debut. (just like wwe did to ECW back in 1999)
 
Contarty to what the press release says, Sinclair isnt as big as ROH claims (http://www.sbgi.net/business/television.shtml), this will give you more info on the Sinclair company
 


Edited by Willy1225 - 21/May/2011 at 22:29
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Mr Wrestling NO.3 Quote  Post ReplyReply Direct Link To This Post Posted: 21/May/2011 at 22:52
I am a little disturbed that you choose to create this thread mainly to point out what a low standed promotion you consider ROH to be Willy.
 
Anyway this has to be a positive for the future, given some of the uncertain events of recently, and even if it doesn't quite make it to the next level it should at least secure the company's future.  It seems like they have hailed some expereniced people who should know what they are doing, and that is the important thing.
 
But I do think that there is a chance for a company like ROH to step up, and become a credible second promotion, and the strong alteritive that TNA refuses to be, people have really lost interest in them, so with more money, and greater exposure ROH can do it.
 
The next step I hope is that they can get a new Television deal in the UK, and that I can get my first regular fix of Ring Of Honor since the Wrestling Channel went under.  And in the long term if they can break into more international markets, then that could be the biggest factor in their growth.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote MaNonTheMoon Quote  Post ReplyReply Direct Link To This Post Posted: 21/May/2011 at 23:18

Mah, More wrestling on television, this might be either the kick in the ass that the "Second Company" needs to get back in gear.............................or it will be bad. REAL BAD.


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Post Options Post Options   Thanks (0) Thanks(0)   Quote Willy1225 Quote  Post ReplyReply Direct Link To This Post Posted: 21/May/2011 at 23:43
Originally posted by Mr Wrestling NO.3 Mr Wrestling NO.3 wrote:

I am a little disturbed that you choose to create this thread mainly to point out what a low standed promotion you consider ROH to be Willy.  
 
That wasnt my intention as I put out both sides of the coin but even you must admit extreme ROH fans are a pain in the ass (I elaborate below).
 
I have never watched much ROH in my life so i have no idea what promotion it is and I would happily give it a chance if I can watch it weekly like I do TNA wrestling. The only thing I hate are the delusional fans who criticise all things TNA (ratings, ppv buys etc.) when their promotion cant even get on TV or do a better buyrate than 1800 buys at 15 bucks a pop.
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Post Options Post Options   Thanks (1) Thanks(1)   Quote John The Baptist Quote  Post ReplyReply Direct Link To This Post Posted: 22/May/2011 at 04:05
Why would anyone want to buy ROH?

It's a colossal failure, and needs to die ASAP.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote thundarr2000 Quote  Post ReplyReply Direct Link To This Post Posted: 22/May/2011 at 05:25

Well, looks like I will seeing some ROH in the future.  Sinclair owns 2 stations in my market.  Granted I will have to set my DVR, because it will probably be late Saturday nights.

I don't see a downside for ROH.  Sinclair should be able to bring in a decent TV production team and make their product look as good as possible.  And being available in 22% of the national market is way better than being in zero.
 
Sinclair will have to follow thru on this.  They will have to push their local to get ROH a decent time slot.  Which will be hard since they are all affiliated with different broadcast networks.  Most of them will have a spot on Saturday nights after primetime, except the NBC affiliate in Florida.  But anyway you look it will end being  "Check local listings."
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Post Options Post Options   Thanks (0) Thanks(0)   Quote bigfloridapimp Quote  Post ReplyReply Direct Link To This Post Posted: 22/May/2011 at 10:53
Originally posted by Bart Scott Bart Scott wrote:

Can't Wait!


On the real, this is splendid. I love Indy wrestling, I love the mentality, I love the little vanilla midgets, I love the simple storylines and meaningful matches. SO if I get to see ROH on tv that would be outstanding. I would watch it regardless when it comes on. Over SD, Raw, Impact Wrestling, all of it. Although I love how they hype themselves when they are full of shit. I mean, this is the best roster to whore to the masses? I mean CM Punk, Joe, Xavier, AJ, Daniels, yea... Those guys suck hard dick and are no where near as good to have on TV as Davey Richards........
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Post Options Post Options   Thanks (0) Thanks(0)   Quote admin Quote  Post ReplyReply Direct Link To This Post Posted: 22/May/2011 at 23:13

Quote Cary Silkin posted a message on the ROH forums commenting on the sale to Sinclair Broadcasting.

He wrote:

"It's a new dawn!!

I just want to take a moment to thank everyone for all the years of support.As corny as it sounds if is was not for the fans and the passion of all of you we would have never made it to this day. ROH will now live on bigger and better than ever.We look forward to this new era of ROH. Lots of news will be coming out over the next few weeks and I am thrilled to stay on with the company and be able to enjoy a bigger and better Ring of Honor.

Thank you Joe Koff and the Sinclair team for making this happen and I will see everyone in NYC !!!

It's a new dawn!!"

Isn't the problem with this that most of the markets they own are in the same area of the country so many parts will still miss out on seeing the product?
 
The news coming out in the next few weeks will hopefully involve international television.
 
If for the UK they can get it on BBC3, ITV4 or something with little delay (unlike TNA getting Impact on Challenge) i'd give it a go.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote bigfloridapimp Quote  Post ReplyReply Direct Link To This Post Posted: 23/May/2011 at 01:08
I doubt ROH is going to go international already. They will probably geta deal like TNA had before Spike. I wish they did cause I get that channel.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote thundarr2000 Quote  Post ReplyReply Direct Link To This Post Posted: 23/May/2011 at 06:11
Originally posted by admin admin wrote:

Isn't the problem with this that most of the markets they own are in the same area of the country so many parts will still miss out on seeing the product?
 
 
It's not that their stations are in limited to a small region.  But they only reach 22% of the nation.  Many of these stations are in "mid-markets" and not the largest TV markets.  Sinclair also has almost nothing in the western half of the US.  Except for one channel in Las Vegas.   
 
Originally posted by admin admin wrote:

The news coming out in the next few weeks will hopefully involve international television.
 
I agree that for ROH to be taken seriously as the #3 company they need to get something going internationally.   But since they still need to get a national audience... that might have to wait a bit.  Hopefully, if Sinclair is on the ball they will figure out a way to syndicate ROH to non-Sinclair stations nationally and then internationally.
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