WHITE & FERTITTA ON CNBC: SALE SPEEDS GROWTH
Tuesday, January 12, 2010 - by MMAWeekly.com Staff
UFC president Dana White and CEO Lorenzo Fertitta were on Tuesday's First on CNBC to talk about Tuesday's announcement that they had sold a 10-percent stake in the company.
They were clear in pointing out that they believe Flash Entertainment, a live entertainment company wholly owned by the Abu Dhabi government, will be an active partner, accelerating the UFC's efforts to expand in the Middle East and Asian markets, including China.
Despite earlier comments from White saying, "I’m gonna have a certain amount of time (with the UFC) and then my time will be done and I will have done my part. And then somebody else will carry it on after me," he assured everyone that he's not going anywhere anytime soon.
Watch the full CNBC segment here…
http://www.mmaweekly.com/absolutenm/templates/dailynews.asp?articleid=10485&zoneid=13
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BRAZILIAN JIU-JITSU
Brazilian JIU-JITSU is a martial art and combat sport that teaches a smaller person how to defend himself against a larger adversary by using leverage and proper technique. The Gracie family, the founders of Brazilian JIU-JITSU , modified judo and traditional Japanese jiu-jitsu to create the art. It contains stand-up maneuvers, but it is most famous for its devastating ground-fighting techniques. Gaining superior positioning so one can apply the styles numerous chokes, holds, locks and joint manipulations on an opponent is the key in Brazlian jiu-jitsu.
Brazilian jiu-jitsu roots began in the early 1900s. Esai Maeda, the chief of a Japanese immigration colony who was assigned to Brazil, befriended Gastao Gracie. Maeda, a former jiu-jitsu champion in Japan, taught the art to Gracies son, Carlos. In 1925, Carlos and his four brothers opened the first jiu-jitsuschool in Brazil. Carlos younger brother, Helio, adjusted the techniques to suit his small frame, and thereby created Brazilian jiu-jitsu. In the early 80s, Helios son, Rorion, planted the seeds of BJJ in the United States, where the art has become immensely popular.
Brazilian jiu-jitsu roots began in the early 1900s. Esai Maeda, the chief of a Japanese immigration colony who was assigned to Brazil, befriended Gastao Gracie. Maeda, a former jiu-jitsu champion in Japan, taught the art to Gracies son, Carlos. In 1925, Carlos and his four brothers opened the first jiu-jitsuschool in Brazil. Carlos younger brother, Helio, adjusted the techniques to suit his small frame, and thereby created Brazilian jiu-jitsu. In the early 80s, Helios son, Rorion, planted the seeds of BJJ in the United States, where the art has become immensely popular.
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