Michael Sweeney is the Managing Partner of Film Annex Capital Partners, LLC and its operating unit, Target Marketing Annex. He is the Editor of OutsideIn Research @ Film Annex and Daily Dose Equities, which is focused on Wall Street style research in the Healthcare sector with an emphasis on... More
Stratus Media Group (NASDAQ: SMDI; Twitter: $SMDI) recently closed on the acquisition of 95% of ProElite, which is a significant player in the Mixed Martial Arts (MMA) market. Stratus, via the acquisition in ProElite, is a major stakeholder in Spirit MC in South Korea and it owns the U.K. based Cage Rage MMA Organization. ProElite holds the record for highest ratings for a major network telecast of an MMA event and showcases live international MMA fight events where leading and promising up-and-coming MMA Fighters compete in the cage.
Mixed Martial Arts (MMA) is a full contact combat sport that allows a wide variety of fighting techniques and skills, from a mixture of other combat sports, to be used in competitions. The rules allow the use of both striking as well as grappling techniques, both while standing and while on the ground.
The chosen venue is the Neal S. Blaisdell Arena in Waikiki, the world-famous beach resort destination, marking the third time ProElite will bring its MMA event to the Arena. The August event is ProElite’s first under the new ownership of Stratus Media Group.
T. Jay Thompson, Vice President of ProElite Fight Operations stated in the press release:
“The timing could not be better! MMA continues to see solid growth and has achieved mainstream acceptance across all visual media platforms in the last few years. It still has plenty of time to mature in the sporting arena.”
Fighter signings and match-ups for the August 27thBlaisdell Arena card will be announced later this summer. Below is a compilation of some of MMA's greatest knockouts from 2010-2011.
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Stratus Media to host Mixed Martial Arts on Waikiki - $SMDI 0 comments
Mixed Martial Arts (MMA) is a full contact combat sport that allows a wide variety of fighting techniques and skills, from a mixture of other combat sports, to be used in competitions. The rules allow the use of both striking as well as grappling techniques, both while standing and while on the ground.
ProElite and Stratus announced today its next step in Mixed Martial Arts (MMA) with a fight in Oahu, Hawaii on Saturday, August 27, 2011.
The chosen venue is the Neal S. Blaisdell Arena in Waikiki, the world-famous beach resort destination, marking the third time ProElite will bring its MMA event to the
Arena. The August event is ProElite’s first under the new ownership of Stratus Media Group.
T. Jay Thompson, Vice President of ProElite Fight Operations stated in the press release:
“The timing could not be better! MMA continues to see solid growth and has achieved mainstream acceptance across all visual media platforms in the last few years. It still has plenty of time to mature in the sporting arena.”
Fighter signings and match-ups for the August 27th Blaisdell Arena card will be announced later this summer. Below is a compilation of some of MMA's greatest knockouts from 2010-2011.
Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.
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