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Old 07-25-2011, 05:48 AM
ArcticMonkeys ArcticMonkeys is offline
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Default Panda Energy (TNA) Has More Money Than WWE?

Panda Energy is owned by Dixie Carter's family who has more money than Vince and the WWE.Right now it is a very rich wealthy company. It's earnings are ten times more of what WWE is and thats why TNA has alot money.
Her dad runs Panda and has spent as much as 5 billion dollars just to build 1 power plant. So actually Panda Energy is worth at least 10 times what the wwe and McMahons are worth.
But the Carter family has enough money that tna could lose millions every year and they wouldn't even notice it.Wow if Vince had that much money he would wwe invincible.Seriously what the hell is wrong with tna?With so much money they could have beaten wwe
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Old 07-25-2011, 06:02 AM
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Well, i may get hate for this, but i believe that the reason is Panda Energy and it's owner are not stupid.

He probably already gave a lot of money to Dixie to handle TNA ( see millionarie contracts of Hogan, Bischoff, RVD, Hardy and Anderson ), and TNA's business didn't pick up much. If Panda Energy invested more on TNA, they would probably lose even more money, but that's just my opinion.

Above all else, if ratings and PPV buys don't increase, why should more money be invested?

Btw, this should be on TNA Section.
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Old 07-25-2011, 06:11 AM
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Here, I'll end this quickly.

Panda Energy is a privately held company, which means that they do not need to report their revenue or profit. However, one source suggests that they make between $10-50 million a year in revenue (keeping in mind that revenue is before you take out operating expenses)(see: http://www.jigsaw.com/id140996/panda..._company.xhtml ). Any company would spend a billion dollars to earn a power plant if over a period it returned more revenue than an equivalent investment. That doesn't say anything about how much they bring in.

The WWE is a public company and does report revenue. Their revenue last year was over 477 million (see: http://www.marketwatch.com/investing/stock/wwe/profile).

So, Panda=$50 million, WWE $477 million. And it would be insulting to he board of Panda if you insinuated that they were going to throw more money into the ocean for no reason.
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Old 07-25-2011, 06:37 AM
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It doesn't matter how much money Panda has, what matters is how much they are willing to invest in a wrestling side project. The WWE is a wrestling company whose sole purpose is to run a wrestling promotion and promote its wrestlers in other venues, such as getting them in movies, etc for the purpose of extending their wrestling profitability. Panda is an energy company that owns TNA as a hobby. Its just one of the little pet projects, not the focus of the entire company. As such, they will never devote the kind of money that goes into the WWE.
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Old 07-25-2011, 06:59 AM
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Quote:
Originally Posted by Davi323 View Post
It doesn't matter how much money Panda has, what matters is how much they are willing to invest in a wrestling side project. The WWE is a wrestling company whose sole purpose is to run a wrestling promotion and promote its wrestlers in other venues, such as getting them in movies, etc for the purpose of extending their wrestling profitability. Panda is an energy company that owns TNA as a hobby. Its just one of the little pet projects, not the focus of the entire company. As such, they will never devote the kind of money that goes into the WWE.
^^This exactly. Panda Energy might have the 50 million spoken of but they certainly dont have that much dedicated to the wrestling company. a very small fraction of their money is allotted for tna...and to say a company can lose millions for years and not be affected is just hilarious (WCW???) lastly, the carter family's money is an entirely different subject than panda energy's money but you seem to think they are the same thing, like panda energy is just the carters spare bank acct. i gotta think this thread was started by a troll no one can actually believe what the OP posted....
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Old 07-25-2011, 07:20 AM
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Ok, this it the 2nd thread you started that you bring up Panda Energy and money. The first you say that Panda Energy shouldn't invest more in TNA. Now you are saying if they did TNA would be unstoppable.

When it comes down to it if you don't have great storylines(not saying I don't enjoy TNA just that most people seem to hate TNA) people won't watch. Also WWE is making partnerships left and right getting their name out there. TNA has really failed to do that. But to OP I would just stop making any more Panda Energy threads.
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Old 07-25-2011, 07:31 AM
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From Panda Energy's website:

Quote:
Altogether, the company has raised more than U.S. $5 billion to develop and build more than 9,000 megawatts of generating capacity
Notice how it said RAISED.

The Carters don't have BILLIONS in revenue and are NOT billionaires. If they were their company would be FAR bigger and you'd be hearing them A LOT more on the news.
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Old 07-25-2011, 07:58 AM
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Because not every penny Panda Energy has is going to be invested in TNA... I don't know much about the company but I assume they have a lot of other things they focus on and TNA was in many ways just a bit of fun for the owners.
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Old 07-25-2011, 08:16 AM
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But its the same as WCW that had a massive comapny behind them that could have a actually did invest millions in to the product and look where WCW is now .

You can have $1billion and give it to a idot and you might aswell have $1. I other words haveing the money isnt the same as useing it to make the best of your product.

i would also like to say i think if VKM went to Panda and offerd them a good price they would sell

Last edited by mr_dna : 07-25-2011 at 08:18 AM.
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Old 07-25-2011, 08:16 AM
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How much money did Ted Turner have in WCW's heyday? Bad storylines are bad storylines. And not focusing on wrestling in the meanwhile isn't going to help no matter how much money you have or don't have.
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