Xtreme One Entertainment Signs Agreement with the U.S. Department of Defense to Broadcast XFC Fights Live on the American Forces Network

Rhea-AI Summary

Xtreme One Entertainment (OTCPink: XONI) has signed an agreement with the U.S. Department of Defense's American Forces Network (AFN) to broadcast XFC mixed martial arts (MMA) events live for service members stationed overseas. The agreement, valid through December 31, 2025, enables more than 400,000 U.S. military personnel to view these events at no cost. XFC events will now reach a global audience of over 9 million viewers, enhancing the company's international presence. This partnership follows XFC's recent successful events and aligns with its growth strategy, including a previous deal with Triller TV. The first event under this new agreement will be XFC 51: Evolution.

Positive

• Xtreme One Entertainment's agreement with AFN increases their global reach to over 9 million viewers.
• The partnership provides free access to XFC events for more than 400,000 U.S. military personnel stationed overseas.
• The agreement aligns with Xtreme One Entertainment's growth strategy and follows recent successful events.

Negative

• The agreement is only valid until December 31, 2025, posing potential uncertainty for long-term planning.

Agreement delivers XFC’s MMA excitement to more than 400,000 U.S. Military service members stationed overseas and expands XFC’s global reach to more than 9 million viewers in the U.S. and worldwide

DETROIT, July 11, 2024 (GLOBE NEWSWIRE) -- Xtreme One Entertainment, Inc. (OTCPink: XONI) and its wholly owned subsidiary XFC Global, Inc. are proud to announce an agreement with American Forces Network (AFN) to stream live XFC mixed martial arts (MMA) events for U.S. military personnel to view free of charge. The initial agreement runs through December 31, 2025, and includes rights for AFN to rebroadcast the live fights.

“It was an effortless decision for the XFC to share our product with the American Forces Network for the benefit of our service men and women stationed overseas, particularly given the huge fan base and participation among active duty military and veterans in the sport of MMA,” said Chris Defendis, President of Xtreme One Entertainment. “We’re honored to have the opportunity to show our appreciation for our armed forces through this new partnership, and we look forward to providing edge-of-the-seat action for those serving abroad.”

Headquartered at Fort George G. Meade, Maryland, AFN is a U.S. Department of Defense global television and radio network serving U.S. service members, military families, and DoD civilians overseas. AFN’s broadcast services reach military audiences in 153 countries, from the Pacific to eastern Europe, as well as U.S. Navy ships around the world.

AFN programming is available through satellite, cable, internet, and AFN stations, including 24 radio stations, numerous remote locations, and U.S. bases and embassies worldwide. The network provides a wide variety of news and entertainment and dedicates two of its eight channels to sports programming. Popular sports include World Cup soccer, NBA, MLB, NFL and the Super Bowl. The popularity of combat sports such as boxing – and now XFC mixed martial arts – continues to grow rapidly among AFN’s military audiences.

“AFN takes pride in providing our audiences access to first-rate sporting events,” says Willie Price, AFN Sports programmer. “We understand how important this kind of programming is for the morale of our troops, and we are excited about this new partnership with the XFC.”

Coming off the successes of XFC 50 in Lakeland, Florida, and XFC Grand Prix II in Detroit, Xtreme Fighting Championships is gearing up for its next high-intensity showdown. Fans can watch for an announcement coming soon regarding XFC 51: Evolution, slated to be the first fight available to military personnel via the American Forces Network.

Together with the previously announced agreement with Triller TV, XFC now reaches a worldwide audience of more than 9 million viewers. With further growth and live events on the horizon, the MMA fighting outfit anticipates an increase in fights and additional content for fans, partners and American servicepeople to enjoy.

About Xtreme One Entertainment, Inc.
Founded in 1995 as a consumer and diversified holding company Xtreme One Entertainment, Inc. (OTCPink: XONI) is now focused on media, entertainment, live sports, and event marketing. The Company, through its wholly owned subsidiary, XFC Global, Inc. is the holder of an exclusive and perpetual license to the brands and intellectual property of Xtreme Fighting Championships (XFC).

For more information, please contact:

Investors:
Zachary Mizener
zmizener@lambert.com

Media:
Scott Worden
sworden@lambert.com

FAQ

What is the significance of the agreement between Xtreme One Entertainment and AFN?

The agreement allows XFC MMA events to be broadcast live to over 400,000 U.S. military personnel overseas, expanding Xtreme One Entertainment's global audience to over 9 million viewers.

When does the agreement between Xtreme One Entertainment and AFN expire?

The agreement is valid through December 31, 2025.

How many viewers will XFC MMA events reach with the new AFN agreement?

The agreement expands XFC's reach to more than 9 million viewers globally.

What is the potential impact of the AFN agreement on XONI stock?

The agreement could positively impact XONI stock by increasing the company's global presence and viewer base, aligning with its growth strategy.

Which was the first XFC event announced under the new AFN agreement?

The first event is XFC 51: Evolution.