Xtreme One Entertainment (OTC: XONI) Agrees to deIN SPORTS Deal to Broadcast XFC Events
There were a number of companies that were in the news cycle on Monday for one reason or another, and one of those was Xtreme One Entertainment Inc. (OTC: XONI). The company announced yesterday that it had gone into a deal with beIN Sports for the broadcast of XFC (Xtreme Fighting Championship) MMA (mixed martial arts) events in Canada and the United States.
The Announcement
In the news release yesterday, Xtreme One Entertainment announced that as per the deal, the XFC shows that would be broadcasted live by beIN Sports would be the Young Guns Series and Arena Shows. As a consequence, the new generation of MMA fighters would get a larger platform for showcasing their skills. The XFC would be the top-level MMA offering from beIN Sports in the above-mentioned markets.
Further Information
The events would also be made available for streaming and in the Spanish channels. Xtreme One Entertainment expressed its excitement at the prospect of having partnered with beIN Sports, which would allow it to bring MMA to millions of fans of the sport in the North American region. It remains to be seen if the stock moves today or not.
Key Quote
“We’re thrilled to partner with beIN SPORTS to bring XFC events to millions of MMA fans across North America,” said Chris Defendis, president of Xtreme One Entertainment ($XONI). “This deal significantly enhances the visibility of XFC’s intellectual property, as traditional broadcasters continue to be the most accessible platform for both viewers and sponsors alike, even in this rapidly evolving digital age.”
Technicals
| +/- EMA(20) | 0.0336 (+39.88%) |
| +/- SMA(50) | 0.0325 (+44.62%) |
| +/- SMA(200) | 0.0329 (+42.86%) |
| 5-Day Perf. | +22.08% |
| 1-Month Perf. | +67.86% |
| 3-Month Perf. | +17.5% |
| 6-Month Perf. | +24.01% |
| YTD Perf. | +3.52% |
| 1-Year Perf. | +193.75% |
| RSI(14) | 55.2 |
| ATR(14) | 0.01 |
| ADX(14) | 39.35 |
| Beta (5Y) | 0.75 |
