Knockout: HBO's De La Hoya Match Generates Big Revs

HBO's high-profile De La Hoya-Mayweather boxing match Saturday was a knockout--money-wise. It generated record numbers with 2.15 million purchases of its pay-per-view feed and $120 million in revenue. The company said it marked the most-ever purchases of a PPV match by 160,000 and the highest revenue, estimated at $8 million.

The 2.15 million buys (at $54.95 each) came from 1.225 million cable customers and 925,000 satellite subscribers.

The previous record of 1.99 million buys came twice: in 1997 for an Evander Holyfield-Mike Tyson bout and again in 2002 for Lennox Lewis-Tyson. The previous revenue high was $112 million for the Lewis-Tyson face-off, according to a report.

The record purchases come at a critical time in boxing. Many have questioned the future popularity of the sport, given its lack of household names, coupled with challenges from the growing mixed martial-arts leagues, among other issues.

"It's satisfying to see that boxing still connects with sports fans throughout the country. We are determined to continue to present high-profile fights that capture the public's imagination," said HBO Sports president Ross Greenburg.

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HBO will rebroadcast the fight won by Floyd Mayweather, Jr. over Oscar De La Hoya on Saturday. The network promoted the fight in recent weeks via a reality show chronicling the fighters' preparation. It followed hits "Sopranos" and "Entourage" on Sundays.

For the cable company, the high-purchase results bring some good news. In recent days, the press focused attention on the Saturday arrest of chairman-CEO Chris Albrecht outside the Las Vegas venue where the event was held. He was charged with assault and battery.

On Wednesday, Albrecht issued a statement saying he agreed to step down as chairman-CEO of HBO at the request of Time Warner.

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