There was a lot of hype out there about which U.S. “entertainment” company bought M-1 and WWE isn’t it.

Today Sibling Sports, LLC announced that they have purchased the M-1 organization, the big new kid on the MMA block and home to Fedor Emelianenko.

“We are excited to announce the formation of Sibling Sports, LLC and our new mixed martial arts organization M-1 Global,” said Mitchell Maxwell, President and CEO of Sibling Holdings. “Mixed martial arts is the fastest growing sport in America. It is the boxing of the 21st century. We see our entry into sports entertainment as an integral part of our strategic plan to develop new and unique entertainment products worldwide.”

“We have pulled together a world-class group of people to lead our new organization. Our new management team has extensive mixed martial arts experience in Europe, Russia, Asia and the US. We have developed a
strategic alliance with SFX Media & Events, one of the premiere sports marketing, event management, and athlete management companies in the world,” he said.

“We are pleased to announce Monte Cox as our CEO. Monte has been recognized as one of the most influential persons in mixed martial arts in the world today. He is generally considered one of the world’s most successful fight managers, having produced a record seven world champions in the Ultimate Fighting Championship and built an impressive team of nearly 60 world-class competitors,” Maxwell said.

The rest of the Press Release Here

Monday, October 22nd, 2007 | File under Breaking News