B2 Digital Expands LIVE Events Strategy with New "Combat Sports Friday Nights" Featuring Top Former B2FS Stars
August 02 2022 - 7:30AM
InvestorsHub NewsWire
August 2, 2022 -- InvestorsHub NewsWire -- B2Digital
Incorporated (the “Company” or “B2Digital”) (OTCMKTS:BTDG),
the premier development league for mixed martial arts (“MMA”), is
excited to announce that, starting this weekend (Friday, August 5),
the B2 Fighting Series (B2FS) LIVE Event weekend schedule will
feature Combat Sports events on both Friday and Saturday: Going
forward, every event weekend will kick off on Friday night with a
special showcase of top fighting talent engaged in Professional
Grappling, Kickboxing, and/or Boxing. That will be followed by a
full B2FS MMA Fight Night event on Saturday night.
“Adding Combat Sports Friday Nights gives the fans something
they want while roughly doubling the number of revenue-producing
events we have each quarter despite having a minor impact on our
costs – our fixed cost structure for any weekend B2FS event doesn’t
change much whether we sell tickets for both Friday night and
Saturday night or just for Saturday night,” noted Greg P. Bell,
Chairman and CEO of B2 Digital. “It also gives us a great excuse to
showcase some of the best talent that ever stepped into a B2 cage:
our graduates. The best B2FS fighters eventually get called up to
the big leagues to fight under the brightest lights in the sport.
These Friday night events will offer them the chance to come back
and thrill B2 fans once again.”
Management anticipates this new Live Event weekend schedule will
carry advantages for both top- and bottom-line performance. The
major costs involved in staging a new event have to do with
traveling, transporting equipment, venue operations, equipment
setup, and local marketing. These costs are relatively stable
whether the company sells tickets for two nights of events or just
one.
This model will also give the Company more content to monetize
through other channels while nearly doubling the number of
revenue-producing days over any given fiscal period.
In addition, the Company will be very excited to welcome many
former B2FS superstars back under the B2 Fighting Series lights for
these Combat Sports Friday night events. Some have already agreed
to take part.
Bell continued, “As we exit the Gym and Fitness business to
focus entirely on our LIVE Event strategy, the addition of
star-studded combat sports events on Friday nights will help to
drive accelerating revenue growth and to build out our fanbase by
diversifying into Grappling, Kickboxing, and Boxing. At the same
time, we should see improving margins on a per-Event-weekend basis
and overall. Finally, we are in the process of developing some new
and exciting ways to monetize the sharp jump in our base of
produced combat sports content coming our way, and we will have
more details related to this soon.”
About B2Digital Inc.
B2Digital (OTC:
BTDG) is the premier development league for mixed martial arts
(“MMA”). The Company is primarily engaged with scheduling,
organizing, and producing live MMA events, marketing those events,
and generating both live audience and PPV ticket sales, as well as
creatively marketing the archived content generated through its
operations in this segment. The Company also plans to generate
additional revenues over time from endorsement deals with global
brands as its audience grows. The B2 Fighting Series is licensed in
20 US states to operate LIVE MMA Fights. Most B2 Fighting Series
events sell out at the gate. The Company now operates at a pace of
more than 40 events per year.
For more information about B2Digital, visit the Company’s
website at www.B2FS.com.
B2Digital has a growing social media presence. Follow us on:
Twitter: @B2digitalOTC
Facebook: https://m.facebook.com/b2digitalotc/
B2Digital: MMA’s Premier Development League
www.B2FS.com
B2 Fighting Series Pay Per View Link
www.b2mma.com
CAUTIONARY NOTE REGARDING FORWARD-LOOKING
STATEMENTS
This Press Release contains forward-looking statements within
the meaning of the securities laws. These statements relate to
future events and involve known and unknown risks, uncertainties
and other factors that may cause our actual results, levels of
activity, performance, or achievements to be materially different
from any future results, levels of activity, performance or
achievements expressed or implied by these forward-looking
statements. You should not place undue reliance on forward-looking
statements since they involve known and unknown risks,
uncertainties and other factors which are, in some cases, beyond
our control and which could, and likely will, materially affect
actual results, levels of activity, performance or achievements.
Any forward-looking statement reflects our current views with
respect to future events and is subject to these and other risks,
uncertainties and assumptions relating to our operations, results
of operations, growth strategy and liquidity. We assume no
obligation to publicly update or revise these forward-looking
statements for any reason, or to update the reasons actual results
could differ materially from those anticipated in these
forward-looking statements, even if new information becomes
available in the future.
For more information, please contact:
information@b2fs.com
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