Standard and Poor’s has maintained Zuffa’s credit rating at “BB” based on the belief that the company’s strong EBITDA margin and healthy cash flow are sustainable over the “near-to-intermediate term” as Zuffa continues to grow and benefit from it’s well-recognized (UFC) brand and dominant market position. On the other hand, the following S&P concerns kept […]
financial
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 […]
McMahon denies any ties with UFC in company earnings call
WWE announced its 2nd quarter earnings on Thursday as it beat analyst expectations. In its earnings call, Vince McMahon dismissed any partnership with the UFC for a television network.The question came as a result of Dana White’s recent visit to WWE headquarters. White was vague about the reason for his visit while McMahon indicated that […]
Payout Spotlight: ProElite VP of Fight Operations T. Jay Thompson – Part 2
In part two of MMAPayout’s interview with ProElite’s Vice President of Fight Operations T. Jay Thompson, he spoke to us about some of the smaller details regarding the August 27 event, the differences between the old ProElite and the new, plus his thoughts on Rich Chou, Kimbo Slice, Dana White, Women’s MMA, promoting MMA for […]
Payout Spotlight: ProElite VP of Fight Operations T. Jay Thompson – Part 1
MMAPayout had the opportunity to interview Vice President of Fight Operations for ProElite T. Jay Thompson. He spoke to us about the August 27 event, his goals for the promotion, and what we can expect from ProElite going forward. ProElite hosted it’s first MMA event, which was televised on Showtime, back in February of 2007. […]