Brett Lauderdale discusses GCW's current relationship with Triller.
There have been a ton of rumors and chatter surrounding the current state of Triller and their streaming service, Triller TV+. Wrestlenomics issued a detailed report on the company in May, stating that they've repeatedly failed to file their finanical reports on time. In addition to that, the stock price for Triller Group Inc is currently trading at only $0.76.
Back in July 2024, Violence X Suffering promoter Isaac Rodriguez levied some accusations against Triller, saying that the company was months late on issuing payments. Rodriguez also stated that he talked to multiple promoters that were having the same issue.
In a new interview with The Business Of The Business podcast, GCW's Brett Lauderdale provided an update on the current relationship between his promotion and Triller.
“Our relation on a day-to-day basis is still strong. We still work with the same people and from an operation standpoint, everything is still seamless and working smoothly. There are other elements that aren’t as smooth as we would like them. They are still a good partner. As broadcast partners, the app remains strong. As far as a fan standpoint, nothing is affected. Fans are continuing to get everything that they paid for. It’s all seamless and still a great deal for the fans. Everything is still cool. They are as good as they could be given the circumstances."
Lauderdale was then asked if Triller is up-to-date on paying GCW.
“I don’t think it’s appropriate to discuss exactly where we are at. Of course, I am aware that there have been delays with other people. There have been delays with us at certain times in the past. But I think, and it’s hard for the casual observer to understand the way the Triller business works and how there are different wings to the Triller universe. There’s TrillerTV, formerly the FiteTV side and they do one thing. There’s a whole other side to the Triller umbrella, which is a whole other thing and they are sharing resources. A majority of revenue comes from one side but it is being absorbed by the entire umbrella”
In addition to that, Lauderdale commented on Triller's prospects as a company, saying he's confident in TrillerTV continuing in one form or another.
“As someone that has been with FITE for many years before and after the acquisition, from what I can gather and from the people I talk to… I’m not at the meetings that are going on way above my level but everyone feels confident this portion of the business is still strong. Whether the parent company survives these current choppy waters, whether they make it through that or not, everyone seems to be pretty confident that the TrillerTV side will continue in one form or another… When a company goes through what Triller is going through, when they run out of money, there are creditors and what ends up happening, a lot of times assets get sold off and I think Triller does have some assets. Bare Knuckle and TrillerTV seem to be the assets that have some life in them. I don’t see a scenario where TrillerTV would just shut down tomorrow if the parent company has to cease operating. Any content producers who are frustrated with the current situation, I would say as a long-time member of the team, hang in there. This side of the business appears to be strong and I think at some point something has to give. Something is going to give in the right direction."
Fightful will continue to provide updates on Triller and their future in the combat sports industry.
Stay tuned to Fightful's results section to keep up with the latest results from GCW and other wrestling promotions from around the world.
Special thanks to Lavie Margolin and John Poz for providing the quote(s) above.
