Ufc Profiting In The Face Of Economic Downturn
If you pay attention to the news in any capacity, you will know that the US and much of the rest of the world is facing an economic crisis that is being compared to the Great Depression. The burst of the housing bubble and now the melt down of the US financial market is cutting profits and causing layoffs for many companies. This apparently is not holding true for the UFC. According to Dana White, President of the UFC, the economic slow down helps their business and their company is doing better than ever. According to Dana, people still want to be entertained in hard times and ordering the UFC on Pay Per View and splitting the cost with your buddies while you suck down a few pizzas and beers is a relatively cheap form of entertainment. See his comments for yourself on this clip.