ONE Championship gets cash for major growth

first_imgMarcosian mode: Duterte threatens to arrest water execs ‘one night’ Indian national gunned down in Camarines Sur Boris Johnson ‘humbled’ after majority win, says Parliament ‘must change’ PLAY LIST 01:56Boris Johnson ‘humbled’ after majority win, says Parliament ‘must change’01:42Stars face off at ONE: Dawn of Heroes02:18Alvarez ready to take risk vs Folayang, looks to end clash by ‘knockout or submission’01:40Filipinos turn Taal Volcano ash, plastic trash into bricks01:32Taal Volcano watch: Island fissures steaming, lake water receding02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite ONE Championship already claimed it was the largest sports media property in Asia before the latest round of investment, with video programming seen in 128 countries and live shows attracting large crowds throughout the Eastern hemisphere. The promotion received capital last year from Heliconia Capital Management, which is owned by Singapore’s sovereign wealth fund.Sityodtong is a Harvard-educated entrepreneur and a lifelong martial artist who left a lucrative career as a hedge fund manager to start ONE Championship as a showcase for homegrown Asian martial artists. He is looking forward to utilizing Sequoia’s expertise on business expansion while he plots his still-young promotion’s next moves.“It’s been a whirlwind,” Sityodtong said. “Just six years ago, this was a PowerPoint presentation, and now we arguably have the most blue chip shareholder base for any sports property out here in Asia.”The UFC, the sport’s richest and most prominent promotion, is striving to increase its presence in Asia with shows in Singapore, Japan and China this year. UFC fights are watched avidly across Asia, and the promotion has a healthy number of fighters under contract with Asian ethnicity, but Sityodtong claims ONE Championship already has “a massive lead over the UFC” in the fight for Asian fans.“We’re very focused on Asia, with Asian content that really resonates,” Sityodtong said. “So it’s very different scale. It would be like ONE Championship coming to America with Asian heroes and trying to ignite American audiences without any Americans on a show. It’s hard to do so.”ADVERTISEMENT Sityodtong told The Associated Press on Wednesday that ONE Championship plans to stage up to 30 events in 2018 and will financially compete to sign the world’s best fighters, all while concentrating on its primary goal of being Asia’s dominant MMA brand. To that mission, Sityodtong intends to expand the Singapore-based promotion’s reach next year into Japan, South Korea and eventually India.“Already we’re the largest martial arts organization in the history of Asia,” Sityodtong said. “All the pieces suggest that we have a big, big runway of growth ahead of us and that we’re just scratching the surface of our potential.”FEATURED STORIESSPORTSEnd of his agony? SC rules in favor of Espinosa, orders promoter heirs to pay boxing legendSPORTSRedemption is sweet for Ginebra, Scottie ThompsonSPORTSMayweather beats Pacquiao, Canelo for ‘Fighter of the Decade’The growth is already visible: In the final five months of 2017 alone, ONE Championship has 11 scheduled shows spread among Macau, Malaysia, China, Indonesia, the Philippines, Singapore, Thailand and Myanmar.After doing 18 events this year, Sityodtong projects 24 to 30 shows for 2018. The increase will include aggressive expansion into China, where ONE Championship is already staging events this year in Beijing, Shanghai and Shenzhen, just north of Hong Kong. End of his agony? SC rules in favor of Espinosa, orders promoter heirs to pay boxing legend LeBron James scores 31 points, Lakers beat Rockets ONE Championship: Kings of Destiny at Mall of Asia Arena last April 21. Photo by Tristan Tamayo/INQUIRER.netONE Championship has secured a major equity investment from venture capital firm Sequoia India and investment firm Mission Holdings, positioning the ascendant mixed martial arts promotion to increase its presence throughout Asia.The investment means ONE Championship has raised over $100 million in total capital less than six years after its first show, according to Chatri Sityodtong, the promotion’s chairman and CEO.ADVERTISEMENT Sports Related Videospowered by AdSparcRead Next ‘I’m out!’: PewDiePie releases last video before taking break from YouTube Helicopter carrying WWE exec makes emergency ocean landingcenter_img MOST READ Kawhi Leonard, Clippers rally to beat Pelicans IT happens: Facebook sorry for Xi Jinping’s name mistranslation McGregor blasts Cerrone in 40 seconds in UFC return Don’t miss out on the latest news and information. ONE Championship’s talent pool is Asian-focused, but not exclusive. Its champions include Filipino-American heavyweight Brandon Vera, Wisconsin-born welterweight Ben Askren, Brazilian light heavyweight Roger Gracie — and Angela Lee , the Canada-born, Hawaii-raised atomweight who has become one of the promotion’s most popular fighters.While ONE Championship’s roster of fighters probably doesn’t measure up to the UFC’s group on pure overall talent, Sityodtong’s promotion is about much more than blood and belts. Although he has the money to bid for top free-agent fighters alongside the UFC and Bellator, Sityodtong is more interested in creating a product that suits ONE Championship’s conception of the Asian audience’s sensibilities.“The UFC has done a wonderful job in the Western hemisphere and deserve their success, but they focus primarily on the fighting, on the violence, on controversy, on disrespect,” Sityodtong said. “You know, Conor McGregor, in your face, F-this, F-that. We’ve chosen to focus on Asian values, and that kind of stuff just doesn’t fly. ONE Championship is a true celebration of martial arts, which is Asia’s greatest cultural treasure, and we want to honor the Asian values of humility, kindness, integrity, strength and discipline. So it’s a very different approach.”Sityodtong believes that cultivated, clean-cut image has the side benefit of attracting corporate sponsors and deep-pocketed partners — including Sequoia India, a branch of the famed U.S. venture capital firm that invested in Apple, Google, PayPal, YouTube, Instagram, Yahoo!, WhatsApp and countless other foundational technology companies.“ONE Championship has been a pioneer and major driving force of the martial arts industry in Asia, with surging popularity across major countries,” said Shailendra J Singh, the managing director of Sequoia Capital (India). “It has played an incredible role in nurturing local talent and developing local stars, led by a wonderful, mission-oriented team. We are delighted to join the team in their pursuit of developing the leading martial arts franchise for Asia’s 4.4 billion people.” LATEST STORIES View comments 787 earthquakes recorded in 24 hours due to restive Taal Volcanolast_img read more

Local musicians unite for a free Live Aid gig

first_imgLocal musician Martin Orr has organised a Country Sunday for Live Aid Ireland in Voodoo Venue Letterkenny.This event is free of charge and will take place on Sunday December 8 from 5pm to 9 pm.Live Aid Ireland is a nationwide fundraising campaign set up to raise money for the homeless services this Christmas. Proceeds will go to the Simon Communities of Ireland countrywide to fund the vital work they do on the front-line to end homelessness.The Simon Community work to empower people to access and retain a home by providing housing, prevention, addiction treatment, emergency response and other targeted interventions, through advocacy and partnership.The number of people who rely on the Simon Community for accommodation, healthcare and support has drastically increased as the homeless crisis has spiralled. Last year alone they gave a helping hand to 7,600 individuals and families.Here’s who can you expect to see at Live Aid Ireland’s Country Sunday:Keith Fletcher will be MC on the night.Honky Tonk HeroesThe Davy K projectMark BlackJean CurranMaria Mc Cormack and Rachael Mc GettiganLetterkenny and District Pipe BandRaffle tickets will be sold throughout the night and Martin and the team in Voodoo Venue welcome any donations. Local musicians unite for a free Live Aid gig was last modified: December 3rd, 2019 by Dionne MeehanShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:charitydonegalfreeletterkennyLive Aid IrelandMUSICVoodoo Venuelast_img read more

GeoKu – Geocaching Haiku Contest

first_imgSignal crafting a HaikuAre you like this? When you’re not geocaching, you’re thinking about geocaching. Maybe when you’re off the geotrail, you’re planning your next geocache? Or maybe you’re exploring your thoughts on geocaching through the majesty of a Haiku.Yeah, you read that right, a geocaching Haiku. The geocaching Haiku is alive and well, and a great Haiku could win you serious geocaching swag.PodCacher podcast is sponsoring the “GeoKu – Geocaching Haiku Contest.” A geocaching Haiku looks like this.Green and lush landscapeRhythmic footsteps towards our goalWe seek adventureA Haiku is composed of three lines. The first line has five syllables, the second line has seven syllables and final line is five syllables again. Interested in competing? Check out the contest and details here. The winner will be selected by a panel of Lackeys. You have until Friday, April 20 to enter. Good luck!Share with your Friends:More SharePrint RelatedAnd Now… A Geocaching Limerick ContestMarch 28, 2014In “Community”Groundspeak Weekly Newsletter – February 15, 2012February 14, 2012In “Groundspeak’s Weekly Newsletter”Roadtrip? Just add Geocaching…June 7, 2010In “Community”last_img read more

Gautam Gambhir reluctant to play West Indies tour: Sources

first_imgThe Indian skipper for the forthcoming ODI series against West Indies, Gautam Gambhir, is reluctant to play the tour. The designated captain for the Caribbean is apparently worried about aggravating the injury to his shoulder, senior sources in the BCCI have told Headlines Today. Gambhir has told the BCCI that he is worried about a four-month injury lay off if he goes to the West Indies, which would mean missing the crucial series in England.  The BCCI is now awaiting the results of the physio report before they make a decision on Gambhir’s availability for the tour. They have confirmed that if Gautam is found to be unfit, he will not be sent to the Carribean. India’s cricketing body is unhappy that Gambhir continued playing for Kolkata Knight Riders as the skipper in the fourth season of the Indian Premier League despite the injury to his shoulder. Gambhir has not been sure of the extent of his shoulder injury as he was yet to know the result of MRI scan done on Tuesday evening. Club vs country Gambhir’s decision to play for Kolkata Knight Riders and risk his Team India role, has stoked the club versus country debate. Former chief selector Kiran More feels the BCCI needs to set its house in order. “Why blame cricketers? The BCCI needs to a take a big call over the issue. It must look into rules and regulations,” More told Headlines Today. South African cricketer Herschelle Gibbs said as a professional cricketer ‘needs to know the extent of his injury’. “It is an important duty of a cricketer,” Gibbs said, adding country should come before the club, as there is ‘prestige’ involved. While cricket analyst Charu Sharma believed ‘avenues and options’ may force a cricketer to prefer clubs to the national call, senior cricket journalist Gulu Ezekiel said, “The BCCI has opened a Pandora’s box. You have players who will play the ILP but not the international matches.” The BCCI has created a situation, where ‘the rest of the world has to deliver’ and not Indian players, because the IPL happens in India, Ezekiel added.advertisementlast_img read more