K-1 Global claims ownership of video library licensed by Glory to UFC Fight Pass

Yari

Black Belt
@Black
Joined
Jun 24, 2008
Messages
7,309
Reaction score
491
Kickboxing organization K-1 Global issued a response Monday morning in reaction to the announcement by UFC Fight Pass that the over the top digital platform will air Glory. It appears that the K-1 may take issue with the ownership of its events.

In an email from its press office, K-1 made it known that it is the current and only owner of the K-1 trademarks and other K-1 related assets under the control of K-1 Global. As such, it states that if any of its owned assets are to be used, it would need the permission of K-1 Global “before any such deal could be brokered.” Thus, despite a deal with Glory, UFC Fight Pass would have to sign a deal with K-1 Global.

“No other third party has the rights or permission to sell K-1’s assets, nor has K-1 given any permission for such a sale,” states the email from K-1 Global.

The email states that during the bankruptcy of FEG in September 2013, it sold parts of the GLORY Sports International library that it had no legal rights to sell. K-1 Global claims that it already had purchased the assets and thus any subsequent transfer of the rights to the library would be null. It states that there is a legal process under way in Japan. The press release does not state anything further about the current legal issue in Japan.

UPDATED: For those wondering, Glory was to begin airing on UFC Fight Pass in two weeks time. From the UFC press release, the Glory addition would have added, “over 2000 hours of elite striking action including the 27-event GLORY archive, seven major events from the It’s Showtime library and over 100 events from the iconicK-1 organization that featured athletes like Mark Hunt, Mirko Cro Cop and Alistair Overeem.”
http://mmapayout.com/2016/02/k-1-gl...al&utm_source=twitter.com&utm_campaign=buffer


Lol.
 
They share a cubicle with WAMMA.

2db2wlk.jpg
 
Bunch of bums at Zuffa LLC.
 
K-1 sues the UFC for a gorrilion dollars and uses it to revive kickboxing back to its prime? I'm cool with this.
 
Back
Top