SPORTACCORD 2024 INSIGHTS: Sport’s Perfect Storm
23 May 2024 14:34
The Singapore mixed martial arts sports media company ONE Championship organized a press conference on this Saturday in Beijing, announcing new moves they were going to make after their newly received investment from Temasek Holdings’s subsidiary.
The Founder and Chairman of ONE Championship, Chatri Sityodtong, announced that they would host more events in China in the next three years: 6, 12 and 24 events respectively in 2016, 2017, and 2018 and would set up an office in Shanghai soon before they set up an office in Beijing.
Mr Chatri Sityodtong said during the press conference that ONE Championship has taken 90 percent of the Eastern MMA market, as opposed to the 90 percent share of UFC in the west, and they are the biggest sports media company in Asia. On the other hand, they see all other MMA events as friends and not competitors.
They would also consider investment from Chinese investors if there are interested parties.
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