[OFFICIAL] TNA Potential Sale Discussion

[Sweettre15]

Here's what Dave Meltzer has to say on the issue: http://www.tnainsider.com/view/tna-...ut-of-wrestling-business-tna-up-for-sale-r618

“There’s a lot of moves being done behind the scenes. There are, no matter what anyone is gonna say right now, big things behind the scenes as far as the future ownership of the company and at that point God only knows where it goes…. There’s people looking at getting it and I think the Carters are looking to get out. They’ve lost enough money and all that and as far as what that means, who knows? But they’ve been looking to get out for awhile, now everyone is going to scream at me and all that, but that’s a 100%, but that’s the stuff they don’t want you to know…. They’ve been looking to get out when they stopped, you know, when it became incumbent, when they didn’t want to fund them anymore….”

Now I'll recommend to take this with a grain of salt but only time will tell if Meltzer's sources are right. Either way, it's an interesting thing to discuss IMO.

 

[Robert Roode Fan]

I hope it is not to wwe, I am tired of being forced to watch wwe, people want tna to go under because they want to win an internet fued with fans online, people are so fucking petty it is unreal. They also want to show up Dixie, hogan and Bischoff, guess what THEY DON"T SUFFER ONE BIT, the wrestlers like Roode, Storm, aj, the wrestlers they love, but they will become irrelevant. People point out how fine football and baseball are with one company, but unlike wwe they are acually run better, even baseball is run better, wwe is run horribly. I hope it is viacom which will keep it alive, I only watch tna, and if tna dies then it will force my hand like so many did when wcw died I will stop watching because I barely watch wwe I only watch tna, at least wwe was decent when wcw went under, not so much anymore.

 

[3drinks]

This is pretty terrible news if this is true [after all, Wrestling Observer said this, so minimum 50% chance of being false]. I don't want to lose my iMPACT! I actually quite enjoy the brand, even if we get just two matches per hour per show. I like having a place to see Kurt Angle, Bobby Roode, James Storm, AJ Styles, Mr. Anderson, and the Aces & Eights.

TNA needs to stick around as our alternative brand to WWE - competition is better for an industry, not worse (yes I know TNA isn't in direct competition with WWE - not by a longshot). Maybe TNA can get merged with New Japan and bring it over here to the States and in English?

 

[Rayne]

It pains me when people think that the only possible buyer for TNA would be a professional wrestling figure we were all familiar with. (No one going to suggest Eric Bischoff buy it this time around? ) People thought Dixie Carter was a country music singer in 2004. (Different Dixie.) Right now, TNA is looking to sell to someone interested in operating their own professional wrestling company. Not a fucking thing is happening in TNA right now (CM Punk left with the title, OK), so there isn't any kind of tear-down required to get into the game- sign the check and build your show!

The WWE has no reason to buy TNA, because TNA (unless they're much worse financially than even I think they are) still has value as a professional wrestling promotion, and the WWE has no interest in running a TNA (they already do, and they call it Smackdown.) The WWE would be interested in TNA's tape library, but they aren't about to buy the rest of the promotion to get it.

Viacom would be an unlikely, but possible buyer. They'll inject funds into a company to get it afloat- they've done a good job of that with Bellator, which has defied all expectations and not been a complete joke. They won't throw good money after bad, which is why they appear to be promoting Bellator hard, while TNA also has a spot on the network. The previous arrangement- having an ignorant woman with money to spend- worked very well for Viacom, and they will hope to get the same kind of deal for their network going forwards.

I'd be surprised if we knew the name of the production company/person that eventually buys TNA, but I am very curious to follow the money upwards from them and see where that leads.

 

[d_henderson1810]

I hope it is not to wwe, I am tired of being forced to watch wwe, people want tna to go under because they want to win an internet fued with fans online, people are so fucking petty it is unreal. They also want to show up Dixie, hogan and Bischoff, guess what THEY DON"T SUFFER ONE BIT, the wrestlers like Roode, Storm, aj, the wrestlers they love, but they will become irrelevant. People point out how fine football and baseball are with one company, but unlike wwe they are acually run better, even baseball is run better, wwe is run horribly. I hope it is viacom which will keep it alive, I only watch tna, and if tna dies then it will force my hand like so many did when wcw died I will stop watching because I barely watch wwe I only watch tna, at least wwe was decent when wcw went under, not so much anymore.

You're right in what you are saying.

I have never understood why people want TNA to fail. They should want TNA to succeed, besides to keep people employed, is to get WWE to lift their game.

Was it coincidence that WWE got better in 1998, when WCW was winning the ratings every week. No! It was because Vince hates losing, and someone dared to challenge him.

I heard that when the "Monday Night Wars" were on, that Vince wouldn't even concede a quarter of an hour, as he didn't want WCW to win any of the ratings during the show. The "Attitude Era" happened, not just because of the emergence of "Stone Cold" Steve Austin, but because Vince had to do something different to steal viewers from WCW.

When the Wars were on, wrestling was at its best. It is like two top sporting teams battling it out. Both bring their A-game, and give eveything to vanquish their foe.

But then WCW went under. Vince won! But, like King Arthur, he had no more mountains to conquer, no more wars to fight. Vince wanted WWE to be the best, and it was. But then he got lazy, because he could. He devoted himself to other things (such as films) because he could. Who was going to beat him now?

You all complain about WWE's mediocrity, yet don't want TNA to succeed. Why not? A strong TNA will create a stronger WWE. WWE needs competition again. It needs to care again!

 

[d_henderson1810]

Do you know who should buy TNA off the Carters?

Jeff Jarrett, that's who!

Jerry and Jeff Jarrett founded TNA. I would like to see it back in their hands.

Despite what you might think of Jeff Jarrett, at least he cares about the company and will work to make it better. He helped start it up, do you think he will let it fail?

 

[GameOver]

People talk about Triple H and Hogan being all ego, Jarret thinks the earth revolved around him when he was wrestling and unlike the former two he didn't even do that much to earn any respect, the only reason he was so high up was daddy.

Now saying that, TNA IMO was in a better place back when it was run by the Jarrett's, may have not been financially do that well but the rest of the product was pretty damn good.

The Carters brought the finance but they, like a Ted Turner don't seem to have any idea what they are doing or what in the hell a good "wrestling" show is, they are just being hammered by "you should do this" people. Least Jarrett's woulda said "I don't think so, this is what we are doing" and the unknown talent were getting great runs, just to use an example all the originals were ground breaking and talented and the word got out about them back then, whats happened since Dixie and Co took over? they haven't gained much exposure to the mainstream audience if anything they are reaching even fewer people atleast in America then ever before.

as for TNA up for sale, i highly doubt it, we could dream that someone with half a brain could change things up and finally there most common statement "this is gonna change the buisness as we know it" might actually come true, but they are investing in new things as we speak so they certainly aren't selling up in the forseeable future

 

[THTRobtaylor]

OK, let's look at this logically.

Vince doesn't "need" to buy TNA, for Mania 30 it would likely allow him to cherry pick the talent he may want (Sting, Hardy, possibly Angle) and then bin them off.

He could also take some of their better young talents, similar to how he took WCW's. So guys like Magnus, Roode, Aries could be part of the WWE show.

Most importantly he would get their tape library, and I even saw a report 2 days ago saying they want to expand it. Sure there's a lot of crap in TNA's past - but they need filler for the Network and TNA would do that job.

Now do I think Vince WILL do it? Not so sure... There have however been other interesting things happening. Shane left the Chinese company and Steph has been shedding stock in WWE. Both are "cash rich" right now, it's not impossible to imagine Shane going in for TNA himself and running it with Ross. Not so much to compete with his dad but to try and do it right this time as they failed with WCW.

Someone mentioned following the money of any consortium that buys TNA and that leads me to perhaps the most interesting possibility. There are a lot of guys in the biz who between them have a lot of cash, some of them still working for WWE. I've long felt that Punk will be there till 30 and then leave to buy ROH or why not part of TNA? You have some like Bubba/Bully who are pretty minted from their big runs and likewise Jim Ross - who made a lot of money during his time. The most interesting name though is Chris Jericho who is definitely cash rich, but also has a business partner in Tim Tebow who is is cash rich AND has friends who are equally so. Suddenly this doesn't seem very far fetched as even Jericho, Ross, Tebow and Punk as a four could easily match what TNA is likely to go for AND convince a lot of the talent to stay.

Viacom is another possibility, much like when Turner brought WCW to the fore, they could do a lot worse than buy out the show but it carries risks that networks don't like. so I could see them perhaps partnering in an agreement like above first, rather than actually owning it out right.

If the Carter's want out it explains a lot, why Dixie is using her "last chance" to be the character she clearly always wanted to be. It'll be interesting to see what does happen.

 

[Rayne]

You all complain about WWE's mediocrity, yet don't want TNA to succeed. Why not? A strong TNA will create a stronger WWE. WWE needs competition again. It needs to care again!

The implication people use when they say this, however, is "it must be successful under current management". No one wants TNA to fail, but these guys running the show aren't the ones who are going to figure out how to make a competitive product. They would have done it by now.

Do you know who should buy TNA off the Carters?

Jeff Jarrett, that's who!

Jerry and Jeff Jarrett founded TNA. I would like to see it back in their hands.

Despite what you might think of Jeff Jarrett, at least he cares about the company and will work to make it better. He helped start it up, do you think he will let it fail?

Sure I think they would. You want to know why? Because the Jarretts aren't independently wealthy. It takes more than smiles and well wishes to purchase a professional wrestling company, and what happened a very, very long time ago is someone with money came to the Jarretts and said "I'd like to invest". Now, TNA is a Carter product, and worth much, much more than it was in the Jarrett days. The Carters are going to want a solid portion of their investment back, and that's money the Jarretts simply don't have- and aren't likely to convince anyone to give in the future.

as for TNA up for sale, i highly doubt it, we could dream that someone with half a brain could change things up and finally there most common statement "this is gonna change the buisness as we know it" might actually come true, but they are investing in new things as we speak so they certainly aren't selling up in the forseeable future

Having a guy with a Flip camera follow around your performers to put the video footage on YouTube isn't new. It's a gimmick that larger production studios tried years ago and gave up on. I see nothing "new" in TNA recently. They're investing in a sound stage in Florida, I guess.


Here's the real tragic thing- there might not be a buyer for TNA. They've got their cult fans, but anyone who would buy the promotion would have to ask themselves, "is there any way I could run this differently that would result in better profits"? I'm not sure the professional wrestling marketplace can support a financially stable #2 promotion right now; the professional wrestling fans have been leaving the arenas for years. TNA hasn't been doing themselves any favors with their awful management and horrendous storywriting, but I'm wondering if they could have done good enough to be worth it (for ownership) even with great management and writing.

 

[SpecialFNK]

deja vu. I swear I've read this before.

does this guy have an agenda? I don't follow him, don't know why this has to be recycled again. I mean why NOW? just yesterday there was news that TNA was excited about the future.

http://www.pwinsider.com/article/81...e-halloween-impact-and-more-tna-news.html?p=1

By Mike Johnson on 2013-10-25 12:44:00
While the lion's share of Impact Wrestling episodes will be taped in Orlando going forward, there will be "select" tapings on the road from time to time going forward.

TNA will be getting a lot more aggressive with running house shows again. The idea here is that the money they were putting into being on the road can instead be used on the house shows, which will be needed for the 24/7 Action Never Ends concept so they can shoot footage on tour and on the road with talents. The company is setting up house show tour dates for December on right now.

The 12/27 Philadelphia, PA event will indeed be canceled. Tickets were still on sale as of yesterday, but we are told the show will not be taking place. The hope is that the markets that had tapings canceled will get house shows down the line, but when isn't set in stone.

My Impact Wrestling thoughts will be delayed until this weekend as my DVR didn't tape the entire show. Time Warner is giving me a wonderful week, let me assure you. I am getting a copy of the show this evening.

To a person we've spoken to, the TNA roster is very excited about the future going forward after yesterday's meeting.

I did see Bully Ray vs. AJ Styles which was excellent and the post-match segment with Styles and Dixie Carter which was OK, but when WWE has done almost beat for beat, a similar angle on a much larger forum, you almost always look second rate doing it. I'll have more to say when I write about the show.

Meltzer: OMG positive news just came out about TNA's future, I bet counter that with some recycled BS so people don't believe in TNA.

 

[Rayne]

deja vu. I swear I've read this before.

does this guy have an agenda? I don't follow him, don't know why this has to be recycled again. I mean why NOW? just yesterday there was news that TNA was excited about the future.

http://www.pwinsider.com/article/81...e-halloween-impact-and-more-tna-news.html?p=1



Meltzer: OMG positive news just came out about TNA's future, I bet counter that with some recycled BS so people don't believe in TNA.

Well, if you just want to softball it in like that, TNA did just cancel a whole slew of house show dates and road tapings in November and December. But, an anonymous source says people are excited for the future.

Meanwhile, everyone under contract is being allowed to leave so that they can explore the market, find there's no interest out there, and come back to TNA for less money. (Not AJ Styles, that's art meeting life.) Hey, maybe the guy is excited for the future because he's going to get to see Japan soon.

The good news is going to come out of TNA when Panda Energy announces its sale, because that will mean TNA will be pulled out of the holding mode it's in now as someone tries to rejuvenate it. I'm not sure there's a buyer out there for it though.

 

[Borck Lesnar]

So if dixie has been wanting to get out, then why did she take the show on the road in the 1st place? Everybody in the iwc that loves wwe loves to bash tna, its the thing like booing cena, now we would all get cena's autograph if he was at our local walmart, but we boo cena anyway just for fun, thats what i see tna doing. if tna sell's im all for it! tna can't do worse that what tna is now, as long as they don't sell it to vince mcmahon or hhh. Ill Be Happy! anybody else in the world other than hhh or vince could do better than dixie.

 

[George Steele's Barber]

Like everything reported I see this as most likely being a work. Dixie goes out and embarrasses herself and her daddy goes and "sells" part of the company to a good citizen who loves the business in Hulk Hogan. Hogan and Dixie can't function as equal partners and control of the company goes to Hogan as his guy (AJ) beats Dixie's guy in a winner take all match to change the face of the wrestling lanscape for years to come match. The company is renamed HHWCTNAWSRBOIW (Hulk Hogan's World Championship Total Nonstop Action Wife Swapping Roidal Baby Oil Impact Wrestling).

 

[Mustang Sally]

I have never understood why people want TNA to fail. They should want TNA to succeed, besides to keep people employed, is to get WWE to lift their game.

Agreed. Just keep in mind the difference between "wanting TNA to fail/not fail" as opposed to "trying to sell the company."

It's been noted that TNA has disclosed none of their financial information ...... because they haven't had to. A prospective buyer, however, will have the right to see what they've been doing all these years. Perhaps, some of these potential owners have already looked at the ability to TNA to support itself through normal operations.....and subsequently looked at how much capital their investors had to keep injecting just to keep the ship afloat.....and said: "Oy vey."

Obviously, someone looking to buy an existing business would rather take over an entity that is making money. That way, they hit the ground running when they open under new ownership. Just as obviously, if TNA was making money, the Carter family might not be wanting to sell, right?

The WCW debacle was mentioned. It could be that WWE knows how badly off TNA is financially.....and as with WCW, there is no need for them to be "the highest bidder" for the smaller company. It might just be a matter of waiting for the Carter family to tap out financially, then rush in and pick up the bones of TNA for a song.

It's too bad; it really is. Since it's not my money, I personally hope someone will make the cash investment and keep TNA going, for the reasons listed in the quote at the top of this post.

 

[MrMojoRisin]

Someone mentioned following the money of any consortium that buys TNA and that leads me to perhaps the most interesting possibility. There are a lot of guys in the biz who between them have a lot of cash, some of them still working for WWE. I've long felt that Punk will be there till 30 and then leave to buy ROH or why not part of TNA? You have some like Bubba/Bully who are pretty minted from their big runs and likewise Jim Ross - who made a lot of money during his time. The most interesting name though is Chris Jericho who is definitely cash rich, but also has a business partner in Tim Tebow who is is cash rich AND has friends who are equally so. Suddenly this doesn't seem very far fetched as even Jericho, Ross, Tebow and Punk as a four could easily match what TNA is likely to go for AND convince a lot of the talent to stay.

I think that is the most interesting, and most promising possibility. A new player, who's been in the business their whole lives, but has never really had the opportunity to use their vision and ideas for a company before.

A Jericho consortium is extremely interesting. He's one guy that simply 'gets it' when it comes to the business. He might not have the money himself, but he's got enough influencial friends that he could put together a group that could realistically buy TNA. He's got influence within the industry that he would be taken seriously by the people within it, and the experience (I'd hope) not to let himself be devoured by the sharks in the industry. He's also got the humility not to focus the company around himself.

Depending on what their books look like, and how much they're in the red, TNA is an attractive company to purchase. The TV contract with Spike is already in place (may not be transferable to a new owner, but then again, they may be). The PPV network and distribution is all set up. The talent roster is there (needs some purging but it's there). In the right hands, TNA could be a very worthwhile venture... unfortunately it's never really been in the right hands.

I'd be all for a group led by Jericho... or even Shane McMahon (although I find that extremely unlikely). Bringing in Jim Ross if possible would be a master stroke, and I'd even look to Bret Hart in. A Stampede/Mid-South hybrid updated for today could be killer. Possibly even Mick Foley.

The money is there with those guys. The knowledge and contacts are there. It could work.

 

[MrMojoRisin]

Agreed. Just keep in mind the difference between "wanting TNA to fail/not fail" as opposed to "trying to sell the company."

It's been noted that TNA has disclosed none of their financial information ...... because they haven't had to. A prospective buyer, however, will have the right to see what they've been doing all these years. Perhaps, some of these potential owners have already looked at the ability to TNA to support itself through normal operations.....and subsequently looked at how much capital their investors had to keep injecting just to keep the ship afloat.....and said: "Oy vey."

Obviously, someone looking to buy an existing business would rather take over an entity that is making money. That way, they hit the ground running when they open under new ownership. Just as obviously, if TNA was making money, the Carter family might not be wanting to sell, right?

The WCW debacle was mentioned. It could be that WWE knows how badly off TNA is financially.....and as with WCW, there is no need for them to be "the highest bidder" for the smaller company. It might just be a matter of waiting for the Carter family to tap out financially, then rush in and pick up the bones of TNA for a song.

It's too bad; it really is. Since it's not my money, I personally hope someone will make the cash investment and keep TNA going, for the reasons listed in the quote at the top of this post.

If Vince is the only real bidder, he won't buy it until the Carters are begging him to take the company off their hands for pennies on the dollar. It'd be like the WCW purchase. He'd want their tape library for his network (if that ever gets off the ground), and that's about it. He probably wouldn't even care about the talents contracts, because he'll know that he can just sign them back at whatever rate he feels like down the road, since the talent won't really have any other options (unless they want to go to Japan).

 

[Jack-Hammer]

I understand that Vince McMahon is the first guy people think of when it comes to buying TNA, IF, IF, IF TNA ever does come up for sale. After all, he bought WCW and TNA is the default #2 wrestling promotion in the United States. From a purely business perspective, WCW had something that TNA simply doesn't have by comparison: value.

WCW was a genuine competitor to WWE in every measurable sense whether it be wrestling talent, TV ratings, ppv buys, live events, etc. It got to the point where WCW was actually a little bit bigger than WWE in the late 90s. When Vince ultimately bought WCW in 2001, he also bought everything that WCW owned and WCW's most valuable commodity by that time was its extensive video library. In order to try to compete with Vince by the mid 80s, Jim Crockett began buying out other territories, just as Vince himself had been doing. Crockett bought out Central States Wrestling, Florida Championship Wrestling, Georgia Championship Wrestling, the St. Louis Wrestling Club, etc. and they were some of the true cornerstone promotions of the NWA.

They also had thousands of hours of video footage. A major reason why Ted Turner ultimately bought Crockett Promotions was the company was already long since established as a major success. JCP's ratings, crowds and all were still quite high, but Crockett basically went broke trying to keep up with Vince and he didn't have Vince's connections within the various cable providers. When Vince bought WCW, he actually bought more than just WCW. He bought everything connected to WCW, including massive portion of televised pro wrestling in the United States from some of the most established promotions in the history of the business.

I suppose Vince could end up buying TNA, IF it turns out that it's for sale at some point, just for the sake of owning all TNA footage. However, the simple truth is that people aren't going to be lining up to buy DVD compilations of AJ Styles or Christopher Daniels.

 

[Stinger]

Do you know who should buy TNA off the Carters?

Jeff Jarrett, that's who!

Jerry and Jeff Jarrett founded TNA. I would like to see it back in their hands.

Despite what you might think of Jeff Jarrett, at least he cares about the company and will work to make it better. He helped start it up, do you think he will let it fail?

This is a great idea in theory, but I doubt that Jeff Jarrett has the capital to buy his company back. What's more realistic is that you could see Viacom/Spike buy TNA and then have Jarrett run the show.

Personally, I hope TNA does get sold because I feel they've gone as far as they can with the Carters in charge. But having said that, I only want them sold to someone who will keep them in business, and pretty much that means I want them sold to anyone but Vince McMahon.

 

[erictbrown1]

I hope TNA do not go out, they are having problems but Dixie did not know what she was doing.

 

[It's Damn Real!]

Like I've said over and over, why people actively root for their demise is beyond me. This industry fucking sucks when there is no competition, and I think WWE proved that the last time around. They get lazy and they rest on their laurels, knowing the WWE brand is doing 80% of the work anyway.

If they're sold, I'm in the pool that hopes it's to a new owner willing to keep them in business, because they day they go under is quite likely my last day as a wrestling fan... again. Just like in 2001 with WCW, I'll very likely go back to operating my life as if wrestling was a television show I watched from season one to series finale, hoping for something to come around that'll give me that same spark again (the way TNA did post WCW) to get me back into it, because WWE just doesn't do it for me.

If/when TNA is gone, I'm pretty much going down with the ship.

 

[Weems2k]

It's funny how nobody realizes that wrestling sucked pre NWO angle when it was mainly WWF (1996), and it sucked again when WCW went under (2001). The idiots don't see that the best era in wrestling (1997-2000) was because there were 2 main companies. Each pushing each other to put out the best every week. TNA may never reach were WCW was, but like Styles said in his promo a month ago; he goes out there to provide an "alternative" for all the fans. Impact needs to build on that alternative, and give people a reason to watch wrestling again cause that market is shrinking each year.

It's pretty sad that the morons that run this site, and it's IWC cronies get all giddy like a school girl on news that TNA is struggling, or possibly for sale. Why?

 

[Zeven_Zion]

It's funny how nobody realizes that wrestling sucked pre NWO angle when it was mainly WWF (1996), and it sucked again when WCW went under (2001). The idiots don't see that the best era in wrestling (1997-2000) was because there were 2 main companies. Each pushing each other to put out the best every week. TNA may never reach were WCW was, but like Styles said in his promo a month ago; he goes out there to provide an "alternative" for all the fans. Impact needs to build on that alternative, and give people a reason to watch wrestling again cause that market is shrinking each year.

It's pretty sad that the morons that run this site, and it's IWC cronies get all giddy like a school girl on news that TNA is struggling, or possibly for sale. Why?

Because there is no fun in watching a company that you've been shitting on for 10 years straight grow and rival the WWE. It's more fun watching it wither and die, proving you "right". It's topical, it gives people stuff to talk about and fans tend to enjoy falls from grace more than they enjoy success stories. Not all fans, mind you. Just the idiots that roam around the web.

The problem is that even though TNA doesn't even register on WWE's radar, it's still the second largest wrestling company in the US. If TNA dies, wrestling hurts in general. Wrestlers no longer have a plan B if WWE doesn't work out, or a trampoline to the WWE following a stint with TNA. If a WWE wrestler quits or gets fired, he has to work the indies or go away completely.

A possible TNA shut down hurts mainly two groups of people. Every single wrestler in the United States and every wrestling fan, even the ones that don't like TNA.

As I said, "the boys" no longer have an alternative. And guess what. Neither do we. Now, sure, there is ROH, foreign wrestling and the indies, but those are followed by a small fraction of wrestling fans. It's hard to come by, the styles are drastically different and it's just not the same.

With TNA in business, at the very least there is SOME kind of televised alternative. There is SOMETHING out there other than the WWE and despite how bad TNA can be, it's better than nothing.

So it's in wrestling as well as our best interest for TNA to be kept alive. Regardless of who owns the keys.

As to who may buy it? Well, I completely agree with Rayne. Can we please stop thinking that only wrestling related people can be involved in this? As we already saw, TNA doesn't need a wrestling genius as much as they need someone with a shit load of money ready for spendin'. They were doing fine with Dixie at the helm for 10 years and they had and hopefully will have some nice periods.

As long as someone's willing to shed some bucks they should be alright. Whether the change would be good or bad remains to be seen. It could be exactly what they need. Crazier things have happened. However, quality is required. As we're seeing, I don't care who you are, sooner or later the money will start running dry. It's kind of amazing that it's been going on for 10+ years. If TNA is indeed losing a crap load of money and I was the Carters? I'd be pissed.

 

[Miro_A12004]

Exclusive: A Major Update On TNA Potentially Being Sold, Clarification On The Situation
Posted By: Lee on Oct 28, 2013
Source: Brian Elliott, Fighting Spirit Magazine

We've had an exclusive update surrounding the TNA situation that was broken yesterday on the Dave Meltzer/Brian Alvarez show from F4WOnline


Brian Elliott, editor of the Fighting Spirit Magazine in the UK, has spoken to us about TNA being sold by the Carter family. He explained the following to us about the situation:

"The Carter family has been open to receiving offers for TNA for several months. There are a select number of business people on the inside to whom this has been made clear. You have to understand that it's not like the company is going to be listed on eBay; keeping the fact that they are open to selling TNA to a small number of potentially interested parties keeps the price that the Carters can get for it at a much higher level than if they went public that the company was for sale.

If someone does make a bid, that information will then be leaked in certain quarters, in the hope of starting a bidding war that would raise the price further. Like with Fusient Media's attempted purchase of WCW, if someone comes in with a bid, we'll soon know about it."


http://www.wrestlingnewssource.com/...A-Major-Update-On-TNA-Potentially-Being-Sold/

 

[shalliin]

Do you know who should buy TNA off the Carters?

Jeff Jarrett, that's who!

Jerry and Jeff Jarrett founded TNA. I would like to see it back in their hands.

Despite what you might think of Jeff Jarrett, at least he cares about the company and will work to make it better. He helped start it up, do you think he will let it fail?

Yes. Yes he will. Because he's the one that ran it into such a horrible state of incompetance that they had to sell 70% of the company in the first place. Take off the rose colored glasses. Jeff Jarrett is not a saviour. He isn't a visionary. He's an egomaniac who had to have his father start his own company because he wasn't wanted or skilled enough to be a real player in the big leagues. So he had to go out, bought what was essentially a territory, and build a roster with himself at the center to feed his ego.

 

[shalliin]

It's funny how nobody realizes that wrestling sucked pre NWO angle when it was mainly WWF (1996), and it sucked again when WCW went under (2001). The idiots don't see that the best era in wrestling (1997-2000) was because there were 2 main companies. Each pushing each other to put out the best every week. TNA may never reach were WCW was, but like Styles said in his promo a month ago; he goes out there to provide an "alternative" for all the fans. Impact needs to build on that alternative, and give people a reason to watch wrestling again cause that market is shrinking each year.

It's pretty sad that the morons that run this site, and it's IWC cronies get all giddy like a school girl on news that TNA is struggling, or possibly for sale. Why?

Actually to be honest I preferred both wcw and wwe from about 1989 to 1995/96 to the overall arch of the attitude/nwo eras. The entirety of the nwo was horrible. I didn't like anything involved in it. Same for anything related to dx and most of stone cold's shit. There were a lot of good moments that get glossed over because of the timing of the breakout of nwo/attitude era coinciding with the real star of the breakout of the internet era. People had easier access to share clips and tapes of the matches by doing so online, and even then there were people posting whole shows and matches online for people to download and watch and this helped it explode into main stream culture. The fact that society as a whole was also changing and wrestling started to more closely match up with society as a whole instead of just trying to be apart from society as it's own little world also helped it gain mainstream acceptance.
It was a combination of things that made it seem larger and better to us now looking back, since it was literally every where you looked. Now the wrestling world has contracted in on itself. The matches and storylines of the last 10 years or so haven't been worse then before, it's just that the audience is a little more knowledgeable and like to think they know better then those actually in the business and the tech of today is such that it's so much easier for every one to express their dislike or appreciation of the various products. Everything looks better with a 15 year gap separating our memories from reality.