{"id":117168,"date":"2021-04-14T16:51:05","date_gmt":"2021-04-14T21:51:05","guid":{"rendered":"https:\/\/www.pwtorch.com\/site\/?p=117168"},"modified":"2021-04-14T16:51:05","modified_gmt":"2021-04-14T21:51:05","slug":"triller-acquires-fite-tv-company-behind-triller-fight-club-presenting-jake-paul-vs-ben-askren-this-weekend","status":"publish","type":"post","link":"https:\/\/www.pwtorch.com\/site\/2021\/04\/14\/triller-acquires-fite-tv-company-behind-triller-fight-club-presenting-jake-paul-vs-ben-askren-this-weekend\/","title":{"rendered":"Triller acquires Fite TV, company behind Triller Fight Club presenting Jake Paul vs. Ben Askren this weekend"},"content":{"rendered":"<div id=\"pwtor-563528100\" class=\"pwtor-before-content pwtor-entity-placement\"><hr \/><b>SPOTLIGHTED PODCAST ALERT (YOUR ARTICLE BEGINS A FEW INCHES DOWN)... <\/b>\r\n\r\n<iframe src=\"https:\/\/widget.spreaker.com\/player?show_id=3076978&theme=light&playlist=false&playlist-continuous=false&autoplay=false&live-autoplay=false&chapters-image=true&episode_image_position=right&hide-logo=false&hide-likes=false&hide-comments=false&hide-sharing=false&hide-download=true\" width=\"100%\" height=\"140px\" frameborder=\"0\"><\/iframe>\r\n<hr \/><\/div><p>In a press release issued today, it was announced that Triller has acquired Fite TV. Fite TV hosts PPVs boxing, MMA, and wrestling primarily. The company also hosts ROH&#8217;s Honor Club content and Impacts&#8217;s Plus content as well. Additionally, Fite TV has a subscription tier for AEW Dynamite for international viewers and offers AEW PPVs. There is not word yet if any of these agreements will be effected by Triller purchasing the company.<\/p>\n<p>This weekend Triller is presenting Triller Fight Club with Jake Paul vs. Ben Askren in a boxing match. The show will be available for purchase on Fite TV.<\/p>\n<p>You can read the entire press release below:<\/p>\n<blockquote><p>\u00a0TrillerNet\u00a0(aka Triller Hold Co\u00a0LLC), parent company of the\u00a0global\u00a0AI-driven\u00a0short video\u00a0social app\u00a0Triller, today announced it has\u00a0acquired\u00a0FITE,\u00a0the premier global\u00a0live-event and Pay-Per-View, SVOD and AVOD and\u00a0streaming platform for sports and entertainment.<\/p>\n<p>The deal gives Triller a major\u00a0foothold in the live-event\u00a0PPV and\u00a0streaming space, greatly expanding the reach of Triller\u2019s fast-growing\u00a0AI-powered content and distribution ecosystem\u00a0and allowing the company to continue to invest in new lifestyle and entertainment programming.<\/p>\n<p>\u201cFITE has been a fantastic partner, and the synergy between the two businesses and teams was clear from day one,\u201d said Bobby\u00a0Sarnevesht, Chairman and Co-owner of Triller, and Ryan Kavanaugh, Co-owner of Triller, jointly. \u201cWith our acquisition of FITE, we bring into\u00a0TrillerNET\u00a0their stellar technology, valuable customer and content partner base, and one of the most experienced executive teams in this space. The deal represents our ambitions to not only expand Triller Fight Club and grow FITE\u2019s distribution relationships, but also to reimagine what, how and when premium music, sports and entertainment is delivered to today\u2019s audiences.\u201d<\/p>\n<p>\u201cTriller has an exceptionally visionary executive team that is revolutionizing the world of sports and entertainment. We are very excited to be a part of and play a role in this process,\u201d said Kosta Jordanov, FITE Co-Founder and CEO. \u201cAs part of the\u00a0TrillerNet, FITE will become the exclusive global digital distributor of all Triller Fight Club events going forward, and this content relationship is planned to expand in exciting new ways. We will continue to work with and serve all our content partners, and we look forward to bringing Triller\u2019s significant user base and promotional clout to all the major events we carry on the FITE platform.\u201d<\/p>\n<p>Triller is used by\u00a0musicians, athletes, digital talent\u00a0and\u00a0other\u00a0culture-setters\u00a0and\u00a0serves\u00a0hundreds of millions of fans\u00a0worldwide\u00a0while also providing\u00a0specialized\u00a0opportunities for\u00a0major brands across music, sports, entertainment, fashion and pop culture.\u00a0The addition of FITE\u00a0is a key strategic addition as Triller\u00a0seeks to capture\u00a0the\u00a0burgeoning\u00a0\u2018culture graph,\u2019 the next generation of creators and users leading the move to Internet 3.0.<\/p>\n<p>\u201cWith over 10 million users, FITE is the perfect long-form platform for Triller to continue releasing its cultural content spanning fighting, sports, fashion, music and pop culture,\u201d added Ryan Kavanaugh. \u201cWe have officially completed our 360-degree content engine with this acquisition.\u201d<\/p>\n<p>The\u00a0FITE\u00a0acquisition\u00a0is the latest\u00a0major\u00a0move\u00a0for\u00a0TrillerNet, which on March 9\u00a0acquired leading live-music streaming platform\u00a0Verzuz,\u00a0the popular live streaming music platform founded by music stars Swizz Beats and\u00a0Timbaland.\u00a0TrillerNet\u00a0also owns\u00a0Triller Flight Club, a live-event platform in partnership with Snoop Dogg that reimagines boxing as four-quadrant entertainment, and\u00a0TrillerTV, a long-form content streaming platform with more than 65 original\u00a0half-hour digital series from trendsetters such as Jennifer Lopez, The\u00a0D\u2019Amelio\u00a0Family, 2 Chainz, Jake Paul, Perez Hilton and others.<\/p>\n<p>With over 10 million users and 4 million registered sports and entertainment fans, FITE has streamed over 5,000 live events over the past 5 years. FITE\u2019s partners include the most elite combat sports brands including Top Rank, AEW, PBC, ONE Championship, WWE, Impact, Golden Boy Promotions, and Matchroom Boxing. FITE has one of the industry\u2019s most scalable and reliable live digital streaming capabilities, a large loyal audience for premium events, and content relationships with over 300 sports rights holders across 5 continents. In collaboration with its partners, FITE has already streamed the biggest names in combat sports, including Floyd Mayweather, Manny Pacquiao, Mike Tyson, Tyson Fury, Canelo Alvarez, Gennady Golovkin, Roy Jones Jr., Deontay Wilder, Terance Crawford, Errol Spence Jr., Teofimo Lopez and Vasyl Lomachenko among hundreds of others as well as the boxing matches of YouTube celebrities KSI, Logan Paul, and Jake Paul. The investors in FITE include Earlybird Digital East, LAUNCHub Ventures, Tim Draper, and BrightCap who have now joined the list of investors in Triller.<\/p>\n<p>Alantra\u00a0acted as a financial adviser to FITE for the\u00a0transaction.<\/p>\n<p>Next up for Triller and FITE is the highly anticipated 2021 debut of Triller Fight Club, featuring the headline fight Jake Paul vs. Ben Askren in Atlanta on April 17th, and live performances by some of the music industry\u2019s top talent, including Justin Bieber and hip hop supergroup Mt. Westmore (Snoop Dogg, Ice Cube, Too $hort and E-40), as well as The Black Keys, Doja Cat,\u00a0Saweetie,\u00a0Diplo and Major\u00a0Lazer. The two companies will announce next month several more four-quadrant events of this magnitude, including the highly-anticipated, post-retirement return of Oscar De La Hoya to the boxing ring at Triller Fight Club\u2019s\u00a0upcoming\u00a0July 3 event.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p><\/blockquote>\n<div class=\"pwtor-end-article-groups pwtor-entity-placement\" id=\"pwtor-2567611741\"><div id=\"pwtor-1363531057\"><div align=\"center\" data-freestar-ad=\"__336x280\" id=\"pwtorchcom_medrec_3\">\r\n  <script data-cfasync=\"false\" type=\"text\/javascript\">\r\n    freestar.config.enabled_slots.push({ placementName: \"pwtorchcom_medrec_3\", slotId: \"pwtorchcom_medrec_3\" });\r\n  <\/script>\r\n<\/div>\r\n\r\nTHANK YOU FOR VISITING<\/div><\/div>","protected":false},"excerpt":{"rendered":"<div class=\"mh-excerpt\"><p>In a press release issued today, it was announced that Triller has acquired Fite TV. Fite TV hosts PPVs boxing, MMA, and wrestling primarily. The company also hosts ROH&#8217;s Honor Club content and Impacts&#8217;s Plus <a class=\"mh-excerpt-more\" href=\"https:\/\/www.pwtorch.com\/site\/2021\/04\/14\/triller-acquires-fite-tv-company-behind-triller-fight-club-presenting-jake-paul-vs-ben-askren-this-weekend\/\" title=\"Triller acquires Fite TV, company behind Triller Fight Club presenting Jake Paul vs. Ben Askren this weekend\">[&#8230;]<\/a><\/p>\n<\/div>","protected":false},"author":6,"featured_media":77172,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"episode_type":"","audio_file":"","podmotor_file_id":"","podmotor_episode_id":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","filesize_raw":"","date_recorded":"","explicit":"","block":"","itunes_episode_number":"","itunes_title":"","itunes_season_number":"","itunes_episode_type":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2,7],"tags":[],"class_list":["post-117168","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-prowrestlingnews","category-news_etc"],"jetpack_featured_media_url":"https:\/\/www.pwtorch.com\/site\/wp-content\/uploads\/post\/2019\/03\/IMG_2402.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/posts\/117168","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/comments?post=117168"}],"version-history":[{"count":1,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/posts\/117168\/revisions"}],"predecessor-version":[{"id":117169,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/posts\/117168\/revisions\/117169"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/media\/77172"}],"wp:attachment":[{"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/media?parent=117168"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/categories?post=117168"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/tags?post=117168"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}