According to a report published by Fortune Magazine, Plainfield Asset Management (PAM) is the subject of a FBI investigation concerning allegations of fraud: The Federal Bureau of Investigation is probing whether Plainfield Asset Management, a hedge fund that once had $5 billion in assets under management, committed fraud by overstating the value of some of […]
M-1 Global Negotiating With Showtime For TV Deal, Fedor Strikeforce Extension
MMAPayout has learned through sources close to the negotiations that M-1 Global is currently angling for a US TV deal with Showtime, in hopes for next years M-1 Challenge (independent of Strikeforce), to go along with a 5 fight extension (not including the 1 fight still remaining) for Fedor Emelienenko with Strikeforce. Along with the […]
THQ Pushes Next UFC Game Release Until Q1 2012
THQ recently reported quarterly losses of $30.1 million due to lower-than-expected sales of UFC Undisputed 2010, which was released earlier this year with big hype stemming from the huge success of UFC Undisputed 2009 the previous year. The company blamed competition from Rockstar’s Red Dead Redemption as the culprit for the lower than expected sales, […]
Shark Fights CEO Talks PPV Expectations, Amarillo, and Financing
Josh Gross over at Sports Illustrated interviewed Shark Fights CEO Brent Medley after making their PPV debut this past Saturday night with MMA veteran fighters such as Keith Jardine, Trevor Prangley, Houston Alexander, Rameau Sokoudjou, Paul Daley, and Joey Villasenor. It’s no secret how successful the regional promotion has been in it’s home-base of Amarillo, […]
Mark Cuban Announces HDNet’s “Inside MMA” to Get UFC Access
During Friday’s Inside MMA show, which was celebrating their three year anniversary on HDNet, Mark Cuban was live on set to announce the new HDNet-UFC deal which grants Inside MMA with full access to UFC events, which includes credentials to their events and highlights for preview and recap segments. Payout Perspective: HDNet Fights and the […]