Showtime In Talks To Purchase ProElite
Showtime, a subscription television brand owned by CBS, has entered talks to purchase ProElite Inc., the parent company of mixed martial arts promotion EliteXC, according to Sherdog:
Showtime Networks filed public notice with the U.S. Securities and Exchange Commission Thursday announcing its intention to enter preliminary negotiations for the purchase of Pro Elite Inc.
Showtime, a subsidiary of the parent conglomerate CBS Corporation, already enjoys broadcasting deals with the Los Angeles-based company on both its premium cable channel and CBS. Showtime also has a 20% ownership stake in Pro Elite.
The news of a potential sale surfaces just weeks before EliteXC’s October 4th event on CBS, “Heat”, which features EliteXC stars Kimbo Slice and Gina Carano, an event that could determine the promotion’s future.
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maybe they can get things rolling here . fire the managment and start fresh .. maybe Bas rutten should be in charge of match making . he seems to know evryone personally and is well respected in MMA
Bas as a match maker sounds pretty good actually. He could put them together, then anounce. I wish this org would either find a way to get their **** together or just die.
If this does happen, then I might just have to sign up for Showtime. This would be an awesome opportunity. Fighters would have another company that could showcase their talents.
It would be great to see & hear Bas as an announcer again.
If they get rid of the Shaws then I’m all for it.