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Fighting and Entertainment Group

From Alfawiki
Fighting and Entertainment Group
Company typePrivate
IndustryCombat sports promotion
FoundedSeptember 3, 2003; 23 years ago (2003-09-03)
FounderSadaharu Tanikawa
DefunctMay 16, 2012 (2012-05-16)
FateDeclared bankrupt
SuccessorBarbizon Co. Ltd. (ownership of K-1 transferred)
Headquarters
Tokyo
,
Japan
Key people
Sadaharu Tanikawa (final president)
ProductsMixed martial arts events, Kickboxing events

Fighting and Entertainment Group (FEG) was recognized as Japan's foremost promoter of combat sports, having been founded on September 3, 2003. The final individual to hold the presidency was Sadaharu Tanikawa. FEG operated as the parent organization behind the now-defunct mixed martial arts series Dream and was previously the largest global promoter of kickboxing events through K-1.

The creation of FEG occurred following the arrest of K-1's founder, Kazuyoshi Ishii, on charges related to money laundering. Sadaharu Tanikawa, a sports journalist and close associate of Ishii, took over leadership and established FEG as a holding entity for K-1. Over time, the company expanded its portfolio to include additional events such as MMA promotions Rumble on the Rock, Hero's, and Dream, alongside collaborative productions with Dream Stage Entertainment, the parent company of PRIDE Fighting Championships.

Financial crisis

After hosting the Dream event Dynamite!! 2010 on December 31, 2010, Tanikawa announced that FEG would undergo a three-month break to reorganize, with plans to resume operations in spring 2011.

In January 2011, Tanikawa expressed that "the current course is that FEG will die," which intensified uncertainty regarding the organization's viability. Mike Kogan from FEG USA commented that without swift investment from backers, the company’s survival was unlikely due to depleted goodwill.

On July 28, 2011, ownership of K-1 and most associated trademarks was transferred by FEG to Barbizon Co. Ltd., a Japanese real estate enterprise.

FEG was officially declared bankrupt by Tanikawa on May 16, 2012.

See also