Forum - View topicNEWS: Profits Continue to Drop at Japanese Channel WOWOW
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GATSU
Posts: 15296 |
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Thanks for nuking Japan again, Bush. |
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Wyvern
 Posts: 1555 |
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Looks like next season's crop of WOWOW shows will all have Musashi Gundou-level animation quality.
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samuelp
Industry Insider
Posts: 2231 Location: San Antonio, USA |
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Wait, why does a weak dollar hurt Wowowow? It should HELP them. They buy most of their programming from the US, after all... they show mostly western movies and TV shows, the anime part is only a fraction of their programming.
And with a weak dollar it should be CHEAPER to purchase the rights to the shows they broadcast. Unless they are heavily invested in the US markets.... which would seem to be a foolish thing for a media company. |
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ConanSan
Posts: 1818 |
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Mohawk52
 Posts: 8202 Location: England, UK |
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The weak Dollar is a smoke screen. In actuallity the Dollar has strengthen in recent weeks. It's one reason that a barrel of oil looks cheaper. No It's more to do with the drop in advertising revenue that is the main cause for this loss. It's happening to just about every broadcaster in the world that relies on ad selling for their profits. Don't blame Bush entirely. Blame Wall St. and every stock market around the world.
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prime_pm
 Posts: 2335 Location: Your Mother's Bedroom |
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Where are these channels keep coming from? Comcast blows!
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halo
Posts: 356 |
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Japan. |
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hikaru004
 Posts: 2306 |
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So basicaly, US advertising on WOWOW has dropped leading to a decrease in revenue. US advertisers didn't want to pay WOWOW's prices. They should say things more clearly. |
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BleuVII
 Posts: 672 Location: Tokorozawa, Japan |
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Yeah, international business is tricky. I work as an English teacher in Japan, so whenever the dollar gets really weak, I let out a whoop and take upwords of 300,000Y to the bank to transfer back to my account in the USA. But I'm not a business. Businesses tend to play both sides of the field whenever they can, so when either side of the field does badly, it hurts them.
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melonbread
Posts: 317 Location: UK (London) |
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This is terrible, WOWOW have created stuff like Samurai Champloo, Ergo Proxy, so much awesomeness, and with incredible animation quality. It will be a huge shame if less anime is produced, or worse that it is produced at lower quality...
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samuelp
Industry Insider
Posts: 2231 Location: San Antonio, USA |
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Wowowow doesn't make anime, they finance and air it. So with them in trouble less anime might get made, sure, but they could easily be replaced with money from somewhere else. It's not like is an actual animation studio like Gonzo went under, because that would mean actually animators and people losing their jobs. |
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Emerje
 Posts: 7336 Location: Maine |
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I'd be surprised if there's any US advertising on WOWOW. Like Mohawk said it seems like advertising is an issue world wide, just look at the figures listed in the article. When a company likely works with billions of dollars, tens of millions is a little painful, but survivable. However the advertising loss of over half a billion dollars is a substantial loss. Now, i wont pretend to fully understand everything here, but keep in mind that it's not only the US that invests in the US, foreign companies do too which means that if we're having economic troubles they're going to feel it to some degree as well. If Japanese companies are taking losses from our problems then they're the ones not as likely to be willing to pay WOWOW's advertising prices or even advertise at all. What I think really hurts WOWOW is the same thing that's hurting us in the US. Since they're primary programing is western television then they're paying western prices. If the US economy is down then prices are going to be up and if the prices are then that costs WOWOW more to import which in turn means a smaller profit. If the only way they can recover that loss is through raising their advertising prices then they stand a chance of losing advertisers which, and I could be waaaay off here, seems like it could be what happened here. Emerje |
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Dargonxtc
 Posts: 4463 Location: Nc5xd7+ スターダストの海洋 |
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A 2% drop in subscriptions and advertising sales, surely the biggest way the company makes money, leads to a 40% drop in profits.
Oh wait! That's a mistake in the article. The original article says that subscriptions and ad revenue will rise 2%. Either way, the company isn't actually losing money. It just won't be making as much. |
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kokuryu
 Posts: 915 |
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How is the weakness of the US dollar hurting WOWOW?!?!?
Can we order WOWOW here in the US? I have always been denied trying to get a subscription to WOWOW and AT-X... |
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ConanSan
Posts: 1818 |
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