Steve Lackmeyer wrote an article for NewsOK this week that focused on the business aspects of the UFC’s impending visit to Oklahoma City on Wednesday for Ultimate Fight Night 19: Diaz vs. Guillard. The article offered the following tidbit related to UFN 19’s estimated economic impact: Laura Kriegel, director of marketing and communications at the […]
financial
Station Casinos Inc. Downgraded To ‘D’ On Bankruptcy Filing
— Station filed for Chapter 11 bankruptcy protection. — We lowered our issue-level rating on the company’s senior secured debt to ‘D’. — We revised our recovery rating on the company’s senior unsecured notes to ‘5’ from ‘4’. NEW YORK, July 29, 2009–Standard & Poor’s Ratings Services said today it lowered its issue-level rating on […]
Did Zuffa Turn Down a $1.2B Offer in ’08?
According to the UFC, 473 million TV households in more than 60 countries now have access to its programming; that kind of reach was enough to get White and his partners a $1.2 billion offer to sell the UFC about a year ago, which they ultimately turned down, according to White. – from Time.com SEE: […]
Station Casinos Inc. 7.75% Senior Notes Lowered To ‘D’
NEW YORK, Feb. 17, 2009–Standard & Poor’s Ratings Services today lowered its issue-level rating on Las Vegas, Nev.-based Station Casinos Inc.’s 7.75% senior notes to ‘D’ from ‘CC’. The rating action reflects the missed Feb. 15, 2009 interest payment on the notes. A payment default has not occurred relative to the legal provisions of the […]
Interview with BFC CEO Rebney
2008 may have been a year of historic growth for MMA, but in terms of the competitive landscape it remains a virtual UFC monopoly. EliteXC’s spectacular failure last fall, despite a historic network television deal and a number of marquee fighters, begs the question: Can a viable competitor emerge? Can the market sustain another national […]