Nobody will believe this, but I'm going to defend TNA here... to a degree.
This is a joint show with Wrestle-1. There may have been some hype around Muta's promotion when it opened and sure, the main page does post some stories on it when they happen, but for the most part W1 has been a failure. They're not drawing large crowds, they don't have very noticeable names and their biggest shows have probably been the ones featuring TNA guys because Japanese audiences like to see American wrestlers, like how say a certain part of American wrestling audiences would like to see Japanese wrestlers, case in point, ROH drew 1,300 in Toronto for Global Wars and 2,600 in NYC for War of the Worlds. Both completely sold-out. Weeks in advance. With the shows happening on back-to-back weeks. Over 5,000 people also bought both iPPV's.
ROH was doing that with NJPW. NJPW has everyone of interest. How many American wrestling fans are going to say, "man I'd love to see Minoru Tanaka!" None. However, judging from the pops they all respectively got when they came over to America for ROH, Okada, Tanahashi, Liger and Bullet Club are in-demand in America.
Here's where I make TNA look like - what they are - idiots. ROH brought over something people wanted to see to places it already has good fan followings in, ROH can draw bigger crowds in NYC than TNA can and ROH runs Toronto a lot. That was smart, because they already had a basis to work off of. They brought over the biggest names in Japanese wrestling. TNA went to Japan, to do a joint show with W1 - it was like throwing water at water and expecting fire. It was never going to happen. To be fair, according to Meltzer there has been a lot of politics involved and Muta is supposedly souring on the TNA relationship a bit, but he knows that other than TNA there is no real promotion he can co-promote with in America. NJPW has ROH, GFW and NWA, NOAH has ROH, BJW has CZW, Dragon Gate has DGUSA and so on.