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 Posted: Tue Sep 5th, 2017 08:45 pm
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srossi

 

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The revolving door continues as even Jeff Jarrett appears to be gone now. 

GFW released the following statement:

"Effective immediately, Jeff Jarrett is taking an indefinite leave of absence from his position as Chief Creative Officer to focus on personal matters. Jeff will be available on a consultative basis as needed."

It would appear that the leave was unplanned as PWInsider pointed out that he had just tweeted hours earlier: "Tuesday morning...let's go...super excited about September for @IMPACTWRESTLING @GFWWrestling ..."

Already speculation abounds that this is a disciplinary issue and a forced suspension.

PWInsider revealed that the big plan for Bound For Glory next month was to have Jarrett return to TV to face Alberto El Patron (as if anyone would possibly care about that), but now it appears that both of them may have been forced out of the company.

Last edited on Tue Sep 5th, 2017 08:46 pm by srossi



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 Posted: Tue Sep 5th, 2017 09:25 pm
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LAF



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Yes! This is the random overhaul/reboot we needed for the next taping! I was thinking Cornette would just disappear after 1 taping.

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 Posted: Wed Sep 6th, 2017 02:37 pm
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Mike Johnson with the following -

REPORT: ANTHEM 'HEMORRHAGING FUNDS', WANTS OUT OF GFW

Justin Barrasso of Sports Ilustrated is reporting that Global Force Wrestling, under Anthem Media's ownership, has been "hemorrhaging funds" and that "sources close to the situation have confirmed that Anthem is ready to withdraw itself from the wrestling industry and sell GFW."

It was obvious based on the last set of TV tapings that there had been cutbacks with a number of talents not brought in and others only used for certain tapings before being flown home, as opposed to remaining for the entire run of tapings.

Since purchasing what at the time was known as TNA Impact Wrestling, Anthem has had to catch the company up and get it out of several legal predicaments including the Billy Corgan situation and a lawsuit brought against the company by its former production company, Virginia's Audience of One Productions. The ownership came with Impact Wrestling deeply, deeply in the red. Although there have been several new TV deals made, there have been relatively few new revenue streams brought into the company and partnerships forged with different international companies, including AAA, Crash Lucha Libre and Pro Wrestling NOAH.

Since Anthem purchased the company, controversy continued to follow, including the "Broken Hardys" situation, the suspension of then-reigning GFW champion Alberto el Patron and now, the departure of Jeff Jarrett, who is taking an "indefinite leave of absence" as Chief Creative Officer following a meeting yesterday in Nashville, TN with Ed Nordholm.

Prior to Anthem taking ownership of Impact from Dixie Carter and Impact Ventures LLC, World Wrestling Entertainment, ROH parent company Sinclair Broadcast Group and Billy Corgan (who went on to purchase the National Wrestling Alliance instead) all looked into potentially acquiring the brand - and in the case of Corgan began that process before ending up suing the very company he was, at the time, President of.

PWInsider.com can confirm that there were multiple meetings yesterday afternoon and early evening regarding plans for the company going forward We can also confirm that calls were being made yesterday to members of the roster to assure them that everything was fine following the Jarrett announcement.

Anthem Media is also the parent company of the Fight Network, which airs pro wrestling programming regularly. It has begun putting much of the TNA/Impact/GFW library to use on the network since acquiring ownership.

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 Posted: Wed Sep 6th, 2017 03:01 pm
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srossi

 

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I have no idea what it is about TNA that makes retards out of previously successful companies and people. What the fuck was Anthem expecting?



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 Posted: Wed Sep 6th, 2017 03:06 pm
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bpickering
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I wonder how much they paid Jarrett for the name GWF and what video there is of it. What was it like 4 shows?



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 Posted: Wed Sep 6th, 2017 03:20 pm
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LAF



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bpickering wrote: I wonder how much they paid Jarrett for the name GWF and what video there is of it. What was it like 4 shows?
The deal was never complete and my guess is the promotion will not be called GFW at the next TV overhaul.

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 Posted: Wed Sep 6th, 2017 03:23 pm
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bpickering
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LAF wrote: bpickering wrote: I wonder how much they paid Jarrett for the name GWF and what video there is of it. What was it like 4 shows?
The deal was never complete and my guess is the promotion will not be called GFW at the next TV overhaul.

The Story says it wants to  sell the GWF and get out of the Wrestling business.  

Last edited on Wed Sep 6th, 2017 03:26 pm by bpickering



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 Posted: Wed Sep 6th, 2017 03:29 pm
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bpickering wrote: LAF wrote: bpickering wrote: I wonder how much they paid Jarrett for the name GWF and what video there is of it. What was it like 4 shows?
The deal was never complete and my guess is the promotion will not be called GFW at the next TV overhaul.

The Story says it wants to  sell the GWF and get out of the Wrestling business.  

There's another story from the last 24 hours that said the deal was "nowhere near complete." Meaning Jarrett may still actually own the name.

Last edited on Wed Sep 6th, 2017 03:29 pm by LAF

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 Posted: Wed Sep 6th, 2017 04:29 pm
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srossi

 

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I look forward to a re-re-re-branding and all new all new all new title belts at the next set of tapings.  99% of this company's budget is earmarked for graphics and belts. 

Last edited on Wed Sep 6th, 2017 04:29 pm by srossi



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 Posted: Wed Sep 6th, 2017 05:21 pm
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Impact is still the most fascinating show of the week for me though. It's like watching late-days AWA to see what random name shows up for a TV taping. And then is never seen again. 

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 Posted: Wed Sep 6th, 2017 06:30 pm
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You can't write this stuff.. You really can't. In 20 years, a Netflix original series called TNAIMPACTGFW will debut to huge numbers.



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 Posted: Wed Sep 6th, 2017 07:24 pm
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LAF wrote: bpickering wrote: LAF wrote: bpickering wrote: I wonder how much they paid Jarrett for the name GWF and what video there is of it. What was it like 4 shows?
The deal was never complete and my guess is the promotion will not be called GFW at the next TV overhaul.

The Story says it wants to  sell the GWF and get out of the Wrestling business.  

There's another story from the last 24 hours that said the deal was "nowhere near complete." Meaning Jarrett may still actually own the name.

Jarrett should now sell the GFW name to Billy Corgan, who will then show up on Impact with the NWA Belt and all of the GFW belts, and Jeff Hardy's custom TNA belt, and he can bring Del Rio and Ken Anderson with him to challenge the whole roster. 



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 Posted: Wed Sep 6th, 2017 07:33 pm
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Superstar wrote: LAF wrote: bpickering wrote: LAF wrote: bpickering wrote: I wonder how much they paid Jarrett for the name GWF and what video there is of it. What was it like 4 shows?
The deal was never complete and my guess is the promotion will not be called GFW at the next TV overhaul.

The Story says it wants to  sell the GWF and get out of the Wrestling business.  

There's another story from the last 24 hours that said the deal was "nowhere near complete." Meaning Jarrett may still actually own the name.

Jarrett should now sell the GFW name to Billy Corgan, who will then show up on Impact with the NWA Belt and all of the GFW belts, and Jeff Hardy's custom TNA belt, and he can bring Del Rio and Ken Anderson with him to challenge the whole roster. 

Nah, he should sell to Joe Pedicino so we can get a GFW-GWF interpromotional war.  I for one have been waiting years to see Jarrett vs. Alex "The Pug" Porteau.



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 Posted: Wed Sep 6th, 2017 07:50 pm
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srossi

 

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TNA should really hire Sean Spicer to do these.  I hear he's looking for work.

PWInsider:

At the start of today's GFW conference call with Johnny Impact, Ross Forman read the statement that the company released yesterday about Jeff Jarrett taking a "leave of absence" from GFW and then made it clear that they would not be taking ANY questions from reporters about the situation on today's call.

He also did NOT address the story by Sports Illustrated concerning rumors that the company may be for sale soon.

So, two huge hot button topics were ignored by GFW PR, or maybe it's back to being TNA PR at this point.

The call with be uploaded to the Elite section soon for those that want to listen to other topics being addressed.

Last edited on Wed Sep 6th, 2017 07:50 pm by srossi



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 Posted: Thu Sep 7th, 2017 03:11 pm
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Bully Ray tweeted the following:

To all the great talent in TNA,

The problem IS NOT and HAS NEVER been you. Keep working hard. Hold your heads high.

Respectfully,

Bully ????
— Bubba Ray Dudley (@bullyray5150) September 6, 2017



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