Reddannihilation
Championship Contender
DISCLAIMER: This purpose of this thread is to compare factual information provided by TNA, with speculatory reports often quoted in negative comments directed at TNA. As always, I encourage anyone and everyone to post their opinions on the overrall situation, provided that you offer solid reasoning behind your opinion.
Over the past few months a recurring (see: redundant) aspect of negative posts regarding TNA is the "supposedly" dire financial situation the company is in. Numerous reports have been posted stating that TNA is cutting costs, TNA is trying to renegotiate contracts,TNA is planning on releasing people, TNA wants Paul Heyman to run the books, TNA's PPV Buyrates are low, TNA's live attendance for house shows are low,etc.
To put this into perspective none of these reports have any sources, no basis, nothing. Despite this, criticising TNA's finances seems to be a popular trend. So I've decided we'll compare TNA's successes and how they rate financially, to the reports and see if we run into any contradictions.
1.) TNA has low House Show attendance and therefore are losing money :
Dirt sheets:Various websites have stated that TNA has low attendance levels and don't make any money from their live events.
TNA: over the past weeks TNA has been consistently breaking their attendance records with their latest announcement being just above 6000. Keeping in mind that TNA's shows don't take place in massive arena's the facts seem to contradict the reports. On top of this TNA is planning their third Maximum iMPACT tour for 2011, this would seem to be a contradictory action if live events aren't making money.
2.)TNA is trying to renegotiate contracts and release people in an attempt to save money:
Dirt sheets: TNA was reportdly asking wrestlers to take pay cuts and even trying to limit contractual obligations.
TNA: TNA has not enforced pay cuts nor have any contracts been renegotiated.
3.) TNA wants Paul Heyman to take over.
Dirt sheets: It's been said that TNA wants Heyman to come in an take over the creative department. Reports have also stated that Heyman wants "full control" of TNA.
TNA: TNA has not released any statements regarding a desire for Paul Heyman to take over their creative department.
4.)TNA has low PPV Buyrates
Dirt sheets:Since Slammiversary 2009 reports have constantly circulated that TNA's PPV's routinely get less than 7000 buys.
TNA: TNA is a privately traded company who do not release buyrates to the public.
So on that note, I'll open this up for discussion. Do you believe the reports posted on various dirt sheets without any legitimate source? Or do you believe the official statements and policies of the company at hand?
If you feel theses reports deserve to be believed tell me why, better yet tell everyone why. If you believe TNA tell us why.
*Please note that while your posts may be your opinion, it will certainly help if you're capable of providing solid reasons for what you're saying, blanket statements are discouraged. Also if you plan on posting and then complaining when some challenges your opinion avoid this thread.