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Scrooge McSuck
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Joined: December 8th, 2004, 2:32 am

September 27th, 2016, 5:06 pm #71

It seems like TNA is again on the clock to either be sold or shut down. WWE's interest is only for the library, so the company is dead if that deal happens. If anyone else does make a bid, they inherent some serious debt and it would just be wiser to build a promotion from the ground up than waste millions of dollars on a proven loser with almost zero chance of recovery.
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Mad Dog
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Mad Dog
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Joined: December 10th, 2004, 11:01 pm

September 27th, 2016, 11:44 pm #72

Yeah, I don't see how it's worth it. Even if you get over the hump of these TV tapings. How do you make money going forward?
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torturedsoulv1
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torturedsoulv1
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Joined: April 17th, 2010, 9:33 pm

September 29th, 2016, 12:04 pm #73

Dixie Carter should have sold it to Jarrett and Toby Keith a couple of years ago
It hasn't recovered since that low point
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SamoaRowe
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SamoaRowe
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Joined: December 30th, 2004, 5:59 am

September 29th, 2016, 9:10 pm #74

They should have closed when they lost Spike TV.


Also, Meltzer says they don't have the funds to even hold Bound for Glory and TV this week and they're having trouble making a deal on the sale because the company owes so much money.
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Mad Dog
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Mad Dog
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Joined: December 10th, 2004, 11:01 pm

September 29th, 2016, 9:15 pm #75

Yeah. There's considerable debt and the TV deals aren't what they used to be. I honestly don't know how you would make money with the company in its present condition.
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Mad Dog
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Mad Dog
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Joined: December 10th, 2004, 11:01 pm

September 29th, 2016, 9:16 pm #76

It gets worse when you realize Spike wanted to buy a part of the company and it fell through because Dixie wouldn't give up her role. That's really the common thread in the companies downfall.
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Scrooge McSuck
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Joined: December 8th, 2004, 2:32 am

September 29th, 2016, 11:44 pm #77

If not for the ego of a money mark and her need to be the center of attention, TNA could've survived on Spike TV and maintained a steady audience. TNA is dead has been a running joke/rumor for years, but this time it feels very real. Doesn't suck for Dixie, sucks for the wrestlers losing the exposure.
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Scrooge McSuck
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Joined: December 8th, 2004, 2:32 am

September 30th, 2016, 1:33 am #78

News going round is some regulars had their flights and matches canceled for BFG, and are on stand-by for TV tapings. Even saving money on talent is just a small amount of the production cost they need to cover. Seems almost pointless.
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Scrooge McSuck
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Joined: December 8th, 2004, 2:32 am

October 14th, 2016, 9:48 pm #79

On top of litigation from Billy Corgan, unpaid talent and production staff, unpaid loans for financing shows, and being a circus in general, now TNA is listed as owing unpaid taxes in TN.

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SamoaRowe
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SamoaRowe
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Joined: December 30th, 2004, 5:59 am

December 17th, 2016, 2:40 pm #80

So now an entire episode of Impact was taped at the Hardy Boys' house in North Carolina. I know it was a full "Deletion" episode, but out of context, that sounds really hilarious. Not a good sign for the health of the company. But apparently it bumped a rating for them, so kudos.
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