At this point we know that Sengoku Raiden Championships New Years Eve show will not happen, but the reasons why have been rather clouded. Word is that Don Quijote, their big money sponsor pulled out upon seeing how much money World Victory Road would require to produce the show. Most of this is probably related to purchasing television time on TV Tokyo on January 3rd.

Zach Arnold points out for the uninitiated that TV Tokyo has a long history of being "pay TV" unlike the other major television networks in Japan like Fuji TV and Tokyo Broadcasting System (TBS) who operate more like American stations do. To put it in a way that people will understand, when Strikeforce was on CBS, CBS made an investment in the show under the hope of making back their money plus extra from advertisers. This is how TBS and Fuji operate, TBS being the network that works with FEG for K-1, K-1 MAX and DREAM productions.  

Don Quijote saw the outrageous pricetag and pulled their support for this show, knowing the ratings for MMA have not been groundbreaking the past year (especially for Sengoku) and the live gate would be less than impressive in a 10,000 seat arena.