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Takedown Entertainment Enters Next Phase of Major Business OperationsTakedown MMA: More Fights, More Fans, More Revenue (April 10, 2012)
LONDON -- (Marketwire) -- 04/10/12 -- Takedown Entertainment Inc. (www.takedownentertainment.com) (OTCBB: TKDN) is pleased to provide an update on recent events and the next phase of major business operations.
Takedown filmed its television pilot on October 22, 2011 at Matt Lindland's "SportFight 30: Limitless" in Portland, Oregon, with Chael Sonnen, Ron Yacovetti and Bill Mahood as commentators. Takedown established its live event production standards, and used the pilot as a key selling tool with international broadcasters and distributors.
Takedown's business model -- consolidating distribution rights to past and future MMA fights from fight promotions around the world -- is unique to the MMA industry. Discussions with broadcast, digital media and home entertainment platforms have been very positive and Takedown anticipates closing several distribution relationships immediately.
Takedown's due diligence and negotiations with over 100 MMA fight promotions in 20 countries and 10 languages has been very successful; numerous final agreements for media rights to archived fights and future live events will be signed and announced in the coming weeks.
Takedown will soon announce its 2012 Program Schedule. As archive rights represent a significant tangible asset to Takedown, and a low cost method to achieve revenue faster, the first shows will be developed from thousands of hours of MMA fight archives, followed by the "Live Fight Series" calendar featuring "The Best MMA Fights from Around the World!"
About Takedown Entertainment Inc.
Headquartered in London, UK with offices in Beverly Hills, CA, Takedown Entertainment Inc. is a sports entertainment company that acquires, produces, distributes and markets Mixed Martial Arts (MMA) programming and products for television and digital media in North American and International markets.
Safe Harbor Statement under the United States Private Securities Litigation Act of 1995: This release may contain forward-looking statements that are affected by known and unknown risk, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed, implied or anticipated by such forward-looking statements. The Company does not intend to update this information and disclaims any legal liability to the contrary.
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