MMA Payout had the opportunity to speak with the owners of CageHero, Mark Mastrandrea and Ian Parker as it recently re-branded itself focusing its business to target kids. Once a sponsor of fighters in the octagon, it has a new web site, a new clothing line and its CageHero Kids Team. “We feel we can […]
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Viacom Buys Majority Stake In Bellator Fighting Championships
Late last night, Sergio Non of USA Today broke that news that media conglomerate giant Viacom had purchased a majority stake in Bellator Fighting Championships. Viacom, parent of MTV Networks, bought a majority stake in Bellator Fighting Championships and will start airing the promotion’s bouts on Spike in 2013, the companies told USA TODAY this […]
Report: Wrestlemania gave Atlanta $62 million economic boost
The Atlanta Business Chronicle reports that this year’s Wrestlemania brought a $62 million economic impact to the area according to an economic research study by the WWE. This is a record for the WWE and a $17 million increase in economic impact from last year’s Wrestlemania in Glendale/Phoenix, Arizona. This year’s Wrestlemania, which featured the return […]
Update on Fox-Direct TV contract dispute
John Ourand of the Sports Business Daily/Journal has followed up a report on the Fox-Direct TV contract dispute. The two parties have now drawn lines in the sand which has Direct TV threatening to pull Fox channels on November 1. Late Thursday night Fox released the following statement (obtained via John Ourand’s twitter) Despite Fox […]
Update on Bellator-Desert Rage litigation
Last week we reported that Bellator had sued Arizona promotion Desert Rage Full Contact Fighting claiming the Arizona-based promotion interfered with contracted Bellator fighters for its upcoming event in Yuma on October 22nd as Desert Rage was set to hold its own event nearby on the same date. The most recent movement in the case […]