posted
The first PR from today mentions "new financing". However, other than naming where the financing was coming from, there was no mention of how much is being financed, nor what the terms of this "new financing" might be...
quote:TORONTO--(MARKET WIRE)--Sep 7, 2007 -- Blackout Media Corp.'s (Other OTC:BKMP.PK - News) The Fight Network -- the world's first "all fights-all the time!" combatant sports and entertainment channel -- announced today that new financing has been injected into the company by Mayhem Media Corp., led by Loudon Owen, chairman of McLean Watson Capital, and Ed Nordholm, media industry advisor and financier.
George Burger, most recently the leader of Spotlight Television Inc.'s bid to introduce competition into the premium Pay TV market in Canada, and formerly Executive Vice President of Alliance Communications Corp.(later Alliance-Atlantis Communications Ltd.), has been named President and Chief Executive Officer.
"Mayhem Media Corp."? I can't find anything using Google about a "Mayhem Media Corp.".
However, if you search "Media Mayhem Corp." you get this website:
quote:McLean Watson’s scope of operations extends to the international arena. MW is stage independent, investing in North America and the Far East, in companies from seed to later-stage. Typical deal sizes range between $1 million - $5 million, and up to $15 million over the life of the investment.
-------------------- One is never completely useless. One can always serve as a bad example.
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Wouldn't it be amazing if a big part of that volume was the buyback. Next week should be very interesting as we may find out more about this deal. Some think it may be part of the buyout since Mayhem Media Corp is financing some of TFN and Loudon Owen and Ed Nordholm will play a leadership role in TFN.
All those in that still think this is a POS, just set your sell to .0001 and you will be replaced. Those bashers that don't own and claim to not be a paid basher, just quietly leave and find another bottom stock to bash as your comments don't hold water anymore. Any remaining bashers must be the paid bashers, so we'll know who you are and will just ignore your wimping opinion.
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quote:Originally posted by TopRob: Great volume of 2.2B
Wouldn't it be amazing if a big part of that volume was the buyback. Next week should be very interesting as we may find out more about this deal. Some think it may be part of the buyout since Mayhem Media Corp is financing some of TFN and Loudon Owen and Ed Nordholm will play a leadership role in TFN.
Oh wow yeah and then Elvis will like visit and world peace will happen and people will be happy and we can like all sing kumbaya! But I mean I kinda got off topic because this stock ROCKS, man! 30 billion? I bet they issued more cause everyone wanted some, and they're Aquarians who like to like share!
-------------------- Opinions are not facts. Never, ever, ever, fall in love with a stock.
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quote:Originally posted by stefan9: Is this a good stock?
When you can afford to buy sheafs of the stuff for less than the cost of a cup of coffee, chances are exceptionally good that a cup of coffee is the better investment.
-------------------- Opinions are not facts. Never, ever, ever, fall in love with a stock.
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quote:Originally posted by stefan9: Is this a good stock?
When you can afford to buy sheafs of the stuff for less than the cost of a cup of coffee, chances are exceptionally good that a cup of coffee is the better investment.
And it doesnt even have to be starbucks. TMAN...
-------------------- In the end, trust only yourself when trading stocks.
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quote:Originally posted by TopRob: Great volume of 2.2B
Wouldn't it be amazing if a big part of that volume was the buyback. Next week should be very interesting as we may find out more about this deal. Some think it may be part of the buyout since Mayhem Media Corp is financing some of TFN and Loudon Owen and Ed Nordholm will play a leadership role in TFN.
All those in that still think this is a POS, just set your sell to .0001 and you will be replaced. Those bashers that don't own and claim to not be a paid basher, just quietly leave and find another bottom stock to bash as your comments don't hold water anymore. Any remaining bashers must be the paid bashers, so we'll know who you are and will just ignore your wimping opinion.
It would be great if it was the beginning of a company buyback...as far as a buyout though....a lot of shares are still withstanding...I agree with you TopRob (NOT the first time), this stock MAY prove to be very interesting in the next week....Good luck to those of you involved, but as I said earlier....far too many shares out there and the risk seems higher than some other Micro stocks that I could be investing in.
-------------------- Please DON'T invest on JMO. Do YOUR research. Invest UR money the way YOU would like to! Thanks! ;)
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posted
I think this fight stuff is just far to popular for this company not to make it .
Boxing , mixed martial arts , wrestling . It's all going through the roof now . People for some reason eat this up . They love fighting in all forms as far as entertainment .
We still have the big question of a possible buyout and buy back of shares . If that alone happens ...... WATCH OUT PEOPLES ....
But they seem to have some pretty decent knews showing up as well .
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posted
Yeah, too many dog lovers now, so all those dog fight lovers will have to turn to something else now that's more acceptable, like people fights. So TFN is on the right path.
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posted
Do you live in bizarro world or something? NO ONE watched boxing anymore, WWE has had half of their "athletes" die under the age of 40, and no one watches it anymore either. Going through the roof? I'll give you MMA, becuase it is getting extremely popular, but your other two examples were poor at best.
AS for the stock itself, here's my "bash". THe NFL, which is the most popular sport in America BY FAR, tried to play hardball with cable companies to get the NFL Network as a standard channel, and guess what, no one cared enough about it to call their cable company, so now you have ot pay extra to get it. In other words, "too popular not to make it" is a bit of an overstatment, if the NFL network has a hard time.
quote:Originally posted by triovestor: I think this fight stuff is just far to popular for this company not to make it .
Boxing , mixed martial arts , wrestling . It's all going through the roof now . People for some reason eat this up . They love fighting in all forms as far as entertainment .
We still have the big question of a possible buyout and buy back of shares . If that alone happens ...... WATCH OUT PEOPLES ....
But they seem to have some pretty decent knews showing up as well .
posted
PlayTV UK Gets Global Broadcast Rights for the Fight Network
Sep 11, 2007 (M2 EQUITYBITES via COMTEX News Network) -- Blackout Media Corp.'s Blackout announced that British broadcaster, PlayTV UK, has signed a contract for the distribution rights to The Fight Network of Canada, a 24 hour, combat sports channel.
The deal utilises UK-based Global Digital Broadcast's (GDB) IPTV management platform and advanced engineering, making it possible to stream The Fight Network content out of Toronto, Canada and to a global audience of 'fight fans.'
The eight new PlayTV/The Fight Network channels include one 24/7 live stream and seven specialist channels, featuring mixed martial arts from the USA, the UK, Canada and Japan. Content is available as live, scheduled, video-on-demand (VoD) and pay-per-view (PPV).
"We are very excited to be carried on this cutting-edge platform developed by PlayTV," said George Burger, President & CEO of The Fight Network. "Our strategic priority is to expand The Fight Network brand around the world on all platforms to reach every fight fan, everywhere, at anytime. The technology that PlayTV and its partners have developed enable specialty services like ours that have a unique sports content package and huge fan appeal to reach them in ways that were not available just a couple of years ago. Broadband delivery is the future, and the future is here with PlayTV."
James Thompson, director of PlayTV UK, says: "We knew GDB could take PlayTV global and our imminent launch is made all the more exciting with deals of this stature. It is certainly a great accolade for a British platform to be hosting eight channels from the world's leading MMA and combatant sports network."
Global Digital Broadcast is demonstrating PlayTV UK at the CIMA Technology, at the IBC2007, RAI Exhibition and Congress Centre, Amsterdam, September 7-11.
((Comments on this story may be sent to newsdesk*closeupmedia.com))
posted
From IHUB. Take it for what its worth, but it seems somebody from Direct TV spilled the beans
TFN coming to DirectTV? you make the call:
Subject The Fight Network
Discussion Thread Response (Tricia PE) 09/12/2007 09:39 AM
Thanks for your interest in DIRECTV. I'm excited to hear that you're considering joining the DIRECTV family!
As you know, we don't carry The Fight Network right now. However, It's correct that we are in the process of providing more HD channels. Let me provide you the following information so as you may have an idea of what channels are we going to be providing. After years of preparation, we’re excited that the first wave of new HD channels should be on the air by the end of September. Here are the channels we expect to be available first:
A&E HD Big Ten Network HD Cartoon Network Cinemax HD East Cinemax HD West CNN HD ESPNews HD Food Network HD FSN New York HD HBO HD West HGTV-HD The History Channel HD Madison Square Garden HD NFL Network HD National Geographic Channel HD Showtime HD West Smithsonian Channel HD Starz Comedy HD Starz Edge HD Starz Kids & Family HD Starz HD East Starz HD West TBS in HD The Movie Channel HD Versus HD / Golf Channel HD The Weather Channel HD
While details are still being finalized, we’re planning to bring up the following channels in October:
Animal Planet HD Bravo HD Comcast SportsNet Chicago HD Comcast SportsNet Mid-Atlantic HD Discovery Channel HD Fox Business Channel HD FSN Detroit HD FSN Prime Ticket HD FSN Southwest HD FSN West HD Fuel TV HD FX HD The Learning Channel HD MGM HD NBA TV HD New England Sports Network HD The Science Channel HD Sci-Fi Network HD Speed Channel HD SportsNet New York HD USA Network HD Yankees Entertainment & Sports HD
And that’s not all! Even though we don’t have a definite schedule yet, we’re expecting to bring you even more HD channels in the near future, including The Fight Network. Stay tuned to directv.com/hd to keep up with the latest HD news.
We often add programming based on customer requests, and I have forwarded your request to DIRECTV management. If we decide to carry this channel, would you like to receive an email when it’s available? If so, please reply to this email to confirm that you agree to be contacted. In addition, whenever we add channels to our lineup, we release a statement to the press, so keep an eye on the news to find out about the newest channels or visit our web site at directv.com/pr
Also, now is one of the best times to sign up: our current offer allows you to get 4 months of our best programming package FREE when you sign up for NFL SUNDAY TICKET at $69.99 a month. And right now, we’ll also give you the remaining weeks of NASCAR HotPass – FREE (a $49 value). That’s nearly $450 in FREE programming!
I realize that you may have some other questions, so we have set up two ways for you to get fast answers to all of your questions and begin enjoying DIRECTV:
For information about the offer I mentioned earlier and everything you'll need to get started at our web site, just go to directv.com/getdirectv for more information or to place your order online in just minutes.
You can also call us at 1-888-777-2454 from 6:00 a.m. to 3:00 a.m. ET to get answers to your questions. Our call center is staffed with knowledgeable Customer Service Representatives who are ready to help.
Thanks again for writing and stay tuned to directv.com for the latest news and information about our services.
Sincerely,
Tricia P. Employee ID 100184051 DIRECTV Customer Service Customer 09/12/2007 07:41 AM DIRECTV FEEDBACK MESSAGE
Details: Hi--I am interested in getting set up with Directv, especially with 100 new HD channels on the way. Are you planning to carry The Fight Network?
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posted
Good article Bigrod, nice DD. I'll post it for you. -------------------------------
Fight Network flexing muscle GRANT ROBERTSON
MEDIA REPORTER
September 7, 2007
The Fight Network, Canada's most pugilistic television channel, is plotting an international expansion that will make it a rarity inside the business - a domestic cable network exported elsewhere in the world.
Executives are looking to sell the Toronto-based network in several global markets over the next few months, starting with Britain, to capitalize on the popularity of mixed martial arts fighting - a lucrative force in the entertainment industry.
Industry veteran George Burger is expected to be named chief executive officer today, the first stage of an expansion that will see the small startup injected with new capital, with an eye to an eventual public offering.
Mr. Burger, a former executive with Alliance Communications who helped launch the History Channel, comes to the job after losing a bid to start a new pay-TV service in Canada. He was blocked last year when federal regulators awarded the licence to rival Allarco Entertainment of Edmonton.
Yesterday, Mr. Burger said he is prepared for his next battle. The channel is looking to negotiate carriage deals or partnerships with cable and satellite operations in several countries, including the U.S., over the next few years.
Launched in 2005, The Fight Network has enjoyed the rising popularity of mixed martial arts on TV. With an undisclosed injection of cash from Louden Owen, chairman of McLean Watson Capital Inc., and financier Ed Nordholm, Mr. Burger said the channel recently topped 400,000 subscribers in Canada.
Though the network also airs boxing and wrestling, the popularity of mixed martial arts matches on TV has meant the sport is now taking audience share from channels running boxing and wrestling.
There are few channels operating similar services outside Canada, Mr. Burger said. Though U.S. networks HBO and Showtime dominate the boxing world, and channels such as Spike show wrestling and mixed martial arts, he thinks there is a global market for a 24-hour fight network.
The network is not yet profitable. Last year, it had revenue of $538,000, but registered a pretax loss of $2.9-million. That gap has since narrowed, Mr. Nordholm said. Bringing The Fight Network into new markets should make the channel profitable, he added.
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PlayTV UK Gets Global Broadcast Rights for the Fight Network![[Razz]](tongue.gif)
