Also I have a feeling Dixie is going to kill TNA by refusing to give up a controlling share. I reckon some possible investors could turn the company around (stranger things have happened) but Dixie refusing to give up a controlling stake in her play thing is what will kill it
I made a post about this in the TNA section, but, if TNA is currently seeking a cash infusion, the following apply:
-No one, based on TNA's performance over the past five years, would be giving TNA money with the expectation of getting a better return on investment than the market index.
-The Magic Panda Money Fairy idea has been debunked so many times, but the quick version is that Panda Energy has other investors besides the Carter family, and if these other investors feel that their money is not being spent wisely, they'll invest it elsewhere. They won't weaken their position in their overwhelmingly primary focus, the design, development, and maintenance of power plants, in order to prop up TNA with do or die money. This was a large part of the reason TNA was spun off from Panda Energy a couple years back.
-This being in mind, I can see two types of buyers for TNA: A) someone with too much money for their own good who wants to get involved in professional wrestling (don't laugh, just go to Wikipedia and read about Ted Turner and Dixie Carter), or B) a production company or television network looking for content (much like the ROH/Sinclair deal).
Case A: This person (or group) would insist upon control, because why else buy a professional wrestling company for fun? Would
you give someone several million dollars and then get slightly more than the backstage VIP package in return? Did Dixie? There is no rational buyer in this group who would invest in TNA without a controlling interest in the company.
Case B: The production values of professional wrestling are too much for a niche channel to pick up on their own, when you can just send a camera team out with hunters, mechanics, antique sale farmers, package that up and call it a show. So you're looking at either the large companies (your Comcast/NBC, Fox, or Viacom types), or a syndicated distribution network like Sinclair Broadcasting, which sells programming to local stations. The first group is an unlikely buyer, because there's no need to assume the risk of ownership when you can simply purchase the programming. (See the sad, sad tale of Time Warner.) The second group is also unlikely- I can't think of any distribution networks of the size that wouldn't reduce TNA's audience even further and end up killing it that way- but would likely insist upon ownership control so that they can both keep production costs below what the show brings in with sales (see: ROH), and be able to hold onto the show should it end up proving successful.
-I cannot think of any other reason, or any other someone, who would give TNA money without insisting upon substantial control over the company, and that includes if they were fucking Dixie Carter.
So all that being said and taken into account, if TNA is in need of operations money and Dixie refuses to give up controlling interest for it, they're then forced to reduce expenses even farther in order to stay within budget- meaning less money for talent, less money for production, and hence lower ratings, threatening their deal with PopTV. If the money isn't there to produce for PopTV, it won't be there to produce for another company- hence, their interest in controlling ownership.
The absolute worst case scenario is that TNA doesn't have the funds and can't get the credit to hold a TV taping, bills it as a postponement until a 'later date', and that later date never happens. For all the negative (but valid) things I've had to say about TNA's business operations over the years, I really don't see them making the decision to cancel a TV taping simply to cut their losses, so this is a pretty drastic scenario.
If you were to slice it with Occam's Razor, the most likely situation in the absence of a buyer is that they finish delivering programming throughout their PopTV run and cease operations after that. It no longer becomes a game of TV Channel Roulette when you can't afford to make the programming in the first place. But professional wrestling is a weird business where people don't necessarily act in their own best interests.
it HAD to be The Miz! I think you're meant to be.
