K-1's return event takes place on May 27 in Madrid, Spain. In the past, K-1 had been on HDNet but for the upcoming show, it doesn't seem like it will be.
Today K-1 Global announced on their Facebook page that the K-1 Rising 2012 World MAX Final 16 will be available to watch via Ustream PPV. The PPV costs $19.99.
Although everyone would've liked a TV deal, at least we're able to watch K-1's return show. I'm sure many fans will pay for the PPV but in the past we were all used to watching it on TV, so they should definitely try to get a TV deal sorted out.