Scottsdale, Arizona 3/13/2010 3:39:58 AM
News / Finance

CitySide Tickets, Inc. (CIST.PK) to Capitalize Multibillion-Dollar MMA Industry through New Subsidiary

QualityStocks would like to highlight CitySide Tickets, Inc. (PINKSHEETS: CIST). CitySide Tickets, Inc. offers a diverse range of tickets for sale through their website at www.citysidetickets.com. In addition, visitors to the company’s website can use the site to sell tickets they have available. CitySide Tickets’ focus is on offering tickets to quality theatre acts in a variety of cities.

 

In the company’s news yesterday,

 

CitySide Tickets, Inc. announced after the closing bell that the company will be forming CitySide Entertainment for the purpose of promoting and sponsoring Mixed Martial Arts (MMA) events.

 

According to Scarborough Sports Marketing, a sports fan research firm, MMA fans are 15 percent more likely than the average American adult to have a household income of more than $75,000 and 10 percent more likely to own a second home. Building itself as a mainstream competitive sport, MMA is now a multimillion-dollar industry. It can be found on pay-per-view television, as well as in thousands of training halls across the United States.

 

Company CEO Michael DeAmicis stated, “Mixed Martial Arts (MMA) has become one of the fastest growing sports in the United States. With our focus of becoming a major player in the event ticket market, it only made sense to include MMA in our business strategy. With the formation of CitySide Entertainment, we will attempt to leverage the rapid growth within the MMA industry to further expand our influence in the larger entertainment industry.”

 

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