Oh, that's easy. Because a few years ago, they invested a shitload of money into the company (unless you believe that all the people they hired are working pro bono, and all the technological upgrades they invested in from 2010-11 came from the Digital Fairy, like some people on this board seem to think), and it hasn't shown up in the #1 metric for measuring a television program's success. The whole idea of investing money into the company is to get more people to watch, and that isn't happening, calling into question the sense in further investment in TNA. It's probably the biggest ongoing story in professional wrestling, but most fans have an attention span of roughly three months.
Seriously, that mystifies you, or were you just using the figure of speech?
Correct me if I'm wrong, and I'm not, but this thread is regarding the DECLINING RATINGS, not investments, not who TNA hired, not who TNA is having on the payroll to do a better job. We talk about booking, we talk about marketing and so on.
You can always argue that the slew of individuals TNA hired a few years back and their failure to deliver is related to these frozen ratings, and you would be absolutely correct. However, here's the kicker. TNA continues to hire new prospects day by day. They have hired people prior to Hogan's arrival and the one main purpose of every signed dotted line was (among a plethora of other things) to improve the ratings.
If you think TNA has blasted a shit-load of money on people only once in their tenure, you're lying to yourself. This is the only occasion that was publicized. Before this you had your Sting, you had your Angle, you had your Christian Cage. Before that you've had Russo and lesser WWE/ECW/WCW rejects like Raven, Rhyno or even guys like Foley.
Even if we twist the whole thing in the direction you do, it's still not newsworthy. Again, TNA's ratings have always been low DESPITE anything they do. Despite who they hire, who they pay, who they show on the air, how they book and how they present themselves.
The ratings not spiking even though they hired guys like Hogan and Bischoff was barely news a year ago. Now? It's just a fact. Does this mean, then, that they should fire them? Sure, if they want to be stupid. But if they fire Hogan and Bischoff they might as well fire AJ Styles, Sting, Angle and everyone but the Knockouts because they haven't done jack shit to improve the ratings either.
All of this goes to solidify my original "theory" that it's not the damn product. Whether it's audience's perception of the company, or how they're marketed or whatever - I don't know. But if it was ONLY or at least mainly the product, we'd actually see some clear contrast in ratings through different periods of TNA's existence. All we see are some 0.something differences.
The only time TNA's ratings have shifted dramatically and changed permanently is when they did something with their format like getting on Spike or going to two hours. These two changes are directly correlated to TNA's popularity and growth and they're the only changes that have shown permanent effects on their ratings. Moving to Mondays also impacted their ratings in a very negative way. More than any stupid-ass storyline they've ran. Pick one, there's plenty. Big shifts in the way they do business seem to move things around.
Not Bobby Roode as Champion, not a crack ****e messing with Styles, not a great Knockouts division.
TNA's product is just fine, something else is rotten and I don't know what that is. Something tells me TNA doesn't either. Going semi-live and on the road was a great step in the right direction. From this point on their only hope is moving to a better network where they will be exposed to a larger audience, managed and marketed better. Until then, believe me, the ratings will stay in the 0.9-1.1 ratio regardless of what happens or who they hire.