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While mlb.com can keep all its revenues, it lacks the institutional background to run a Web site.
Broadway theater depended on touring companies for 63% of its revenues — it had almost no loyal following.
Although Eurotunnel is insured for its lost revenues, it would face the expensive prospect of replacing its lorry shuttles with new models.
For a sport to capture its fair share or more of this market's revenues, it must translate its popularity into cash.
Yet, measured by its net revenues, it was just 16th in the world last year.
Although that represented just 2.7% of its overall revenues, it was twice as much money as the Tube operator had raised five years earlier.
After Mexico borrowed against oil revenues, it defaulted on its foreign debt.
Instead, it operates on the revenues it makes from its rents, tolls, fees, and facilities.
But when its expected liabilities are weighed against its disproportionately large fiscal revenues, it is no longer the most improvident locality.
Restructuring its sales organisation would also hit revenues, it said.
"China is not material to Google revenues," it said.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com