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Closed-circuit television was used as a form of pay-per-view theatre television for sports such as professional boxing and professional wrestling, and from 1964 through 1970, the Indianapolis 500 automobile race. Boxing telecasts were broadcast live to a select number of venues, mostly theaters, with arenas, stadiums, schools, and convention ...
The earliest form of pay-per-view was closed-circuit television, also known as theatre television, where professional boxing telecasts were broadcast live to a select number of venues, mostly theaters, with Arenas, Stadiums, Convention centers, and Schools being less often used venues.
The introduction of closed-circuit television technology was a game-changer in terms of the dissemination of information and entertainment to a wider range of viewers. Tests began on November 27. The first feature film broadcast on pay television was the world premiere of Forever Female , starring Ginger Rogers and William Holden .
This included a record estimated 50 million viewers watching the fight on pay-per-view or closed-circuit theatre TV. [3] The fight grossed an estimated $100 million (inflation-adjusted $600 million) in worldwide revenue. [9] [10] Decades later, the bout would be the subject of the Academy Award winning documentary film When We Were Kings. [11]
A closed-circuit television system at the Hotel New Otani Tokyo in Tokyo, Japan inspired Steve Ross, Chairman of Warner Communications, to wonder what could be done to improve the performance of Warner's tiny cable television division.
In the United States, the fight sold at least 2 million or more pay-per-view buys on closed-circuit theater TV. [22] At a ticket price of $10, [25] the fight grossed at least $20 million (inflation-adjusted $110 million) or more from closed-circuit theater TV revenue in the United States.
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The fight is watched live by well over 100 million and perhaps as many as one billion viewers worldwide [2] including the 500,000 on HBO [3] and 100 million viewers watching on closed-circuit theatre television. [4] It is broadcast in the Philippines by KBS and in the United Kingdom by the BBC
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