Xtreme One Entertainment (OTC:CGRW) Stock In Focus After Recent News
This morning, investors are going to look closely into those companies that came into the news cycle on Monday, and one of the companies that could be in sharp focus is Xtreme One Entertainment Inc. (OTC:CGRW). On April 8, it emerged that the company, along with XFC Global Inc., its fully owned subsidiary, had entered into a media rights distribution agreement with Triller TV to be the streaming partner for the XFC 50 live mixed martial arts event. In the news release, it was noted that the event would be streamed live from Lakeland, Florida, on April 12, 2024, and could be streamed through any device using Triller TV.
Customers would be able to stream it on mobile, OTT, or on a Smart TV app and on the Triller TV website following the one-time fee of $29.99. Triller TV currently boasts more than 8 million registered users. It was also noted that the event would try to leverage the pay-per-view promotional capacities that Triller TV boasted across platforms. The promotional capabilities also included promotion on the home screens of more than 7,000 smart TV models.
The President of Xtreme One Entertainment, Doug Kuiper, spoke about the latest development yesterday. He noted that Triller TV is a leader in the combat sports streaming space and would provide MMA fans with a fantastic outlet for watching XFC 50 from anywhere and on any device. However, that was not all. Kuiper also commended Triller TV for having strong content promotion capabilities, which could lead to many more fans discovering XFC. Consequently, it would help Xtreme One Entertainment further grow its reputation for producing dynamic and engaging live events. In light of the latest announcement from the company, it could be a good idea for investors to keep an eye on the stock.
