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TNA for sale  Rating:  Rating
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 Posted: Tue Oct 29th, 2013 03:54 pm
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Superstar
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Famous Mortimer wrote: Superstar wrote: Then they decided that they wanted to get bigger overnight, and hired Hogan and Bischoff.  I don't think that was a bad hire, it was a great hire that went bad because they didn't continue with the business model they had.  Hogan and Bischoff wanted to compete from day one, TNA should have dug in and said it's still a four year plan, let it play out.  They should have never, EVER left Universal.  If they wanted to do TV on the road like Hogan and Bischoff said was necessary, they should have done it a lot more limited than they did, and they never should have gone live...it costs too much. 
 

I think it was a bad hire for the reasons you mentioned. Hogan and Bischoff weren't interested in working for a company with TNA's business model, did jack shit for ratings and ended up almost ruining the company.

I can agree with this...however, that's one thing you can't blame on Hogan.  Dixie Carter is the one to blame for taking a working business model and flushing it down the toilet because she marked for HH.  Hogan did what he does, so did Bischoff.  Difference is, they didn't have a $100m checkbook this time.  And I think if they did, they could have made it happen again.  Unlimited money gives people time and resources.  TNA had neither to offer.



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 Posted: Tue Oct 29th, 2013 04:19 pm
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martini
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Famous Mortimer wrote: Superstar wrote: Then they decided that they wanted to get bigger overnight, and hired Hogan and Bischoff.  I don't think that was a bad hire, it was a great hire that went bad because they didn't continue with the business model they had.  Hogan and Bischoff wanted to compete from day one, TNA should have dug in and said it's still a four year plan, let it play out.  They should have never, EVER left Universal.  If they wanted to do TV on the road like Hogan and Bischoff said was necessary, they should have done it a lot more limited than they did, and they never should have gone live...it costs too much. 
 

I think it was a bad hire for the reasons you mentioned. Hogan and Bischoff weren't interested in working for a company with TNA's business model, did jack shit for ratings and ended up almost ruining the company.


Bischoff gets too much credit in this situation. I believe he's settled more into a TV producer role rather than the direction of the company. Granted, Dixie did listen to Hulk too much by taking TNA on the road so much. A taping here or there wouldn't have hurt, but they should've kept a home base somewhere.



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 Posted: Tue Oct 29th, 2013 04:21 pm
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Infamous
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Problem with limiting TNA's reach is that its too late to go back to a smaller version of itself. At least when it comes to Carter family & Panda Energy. I have serious doubts after a decade of pumping money into TNA that they'd be happy with scraps & chump change that a small TNA would (barely) provide. I'm not sure how much cash has been invested into TNA over the years but its not to hard to imagine that they'd have made more money off interest had they just saved the cash in the 1st pace

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 Posted: Tue Oct 29th, 2013 05:42 pm
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martini wrote: Superstar wrote: martini wrote: srossi wrote: martini wrote:
kargol wrote:
martini wrote: The only TNA talent I could see WWE interested in immediately is Sting, Kurt Angle and Jeff Hardy. Maybe Bully Ray to help bolster the heel roster.


Velvet Sky?


Again, she has been with TNA so long that she is perceived as a TNA lifer. Plus, female tattoos don't appear to be the look WWE is going for with its Divas.


As hot as she is, Velvet definitely has a skankier look that what gets Vince off, and at the end of the day that seems to be what the Divas division is all about.


Velvet was a free agent a little over a year ago, right? No interest from WWE. She has too many skanky looking tattoos.

WWF/E hasn't pushed but one female that I can think of (Lita) with that type of look. She's not what they're looking for in a Diva.

One of the Bellas has a pair of pistols pointing at her twat...Velvet Sky's tats are not as skanky as that!

But if you'll note, WWE keeps that tat covered up. Velvet's got a tramp stamp and ugly arm tattoos.. They are just as skany as the tats Rosa and that Bella have.

There's nothing skanky about those tats.

That's hot.  Very hot. 

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 Posted: Wed Oct 30th, 2013 12:02 am
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Superstar wrote
One of the Bellas has a pair of pistols pointing at her twat...Velvet Sky's tats are not as skanky as that!

They're fairly skanky, they're just random, bit like Madison Rayne's.  At least with someone like Lita they looked like they were done by someone who was thinking about something.  TNA ink just screams pawnshop for the most part.



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 Posted: Thu Oct 31st, 2013 01:58 am
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From the most recent edition of WON,

There are serious sale talks going on behind the scenes. After we reported it over the weekend, a lot of places ran with borderline ridiculous stories. What I can say at this point is that there is a potential buyer that has been looking at the company. Reps for the potential new ownership group have been at the offices. Talk of a potential sale has been going on for months, but has reached a serious enough point where things are at a significant stage. It is not entirely clear who will end up in power and run the company if and when the deal being negotiated goes through, and what percentage of the company, or if the entire company, is what is being negotiated. One source with significant knowledge of what is going down said the new group is unlikely to get involved without owning a controlling interest. Also, regarding speculation in various media of names involved, all of the speculation is way off, that much I know. It doesn't appear Viacom has any interest in buying the company (even though TNA gets far better ratings than Bellator, it's not as valuable because it can't get the corporate sponsors or ad revenue) and the parties involved come from outside the pro wrestling industry. The people who have at least been negotiating the most seriously are not from Viacom. The people involved have been successful in a number of other businesses. Just my gut says they are buying it more as a television property with the idea that future rights fees as those number escalate for sports will make it valuable.



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 Posted: Fri Nov 1st, 2013 08:53 pm
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srossi
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Either Meltzer is being worked again or the Carters are blatantly lying.  Either is perfectly possible.

PWInsider:

Janice Carter of TNA responded to online reports that the company was looking for a new owner in an internal memo issued to TNA employees today. In the memo, which praised the new 365 initiative, Carter that while she normally does not comment on rumors, she wrote the staff that any rumors that Panda Energy is "attempting to sell its ownership stake" in TNA is false and that she remains committed to the company.



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 Posted: Sat Nov 2nd, 2013 01:46 am
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I believe Meltzer over Scherer on this one. After all the money TNA lost no way the Carters arnt trying to sell.

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 Posted: Sat Nov 2nd, 2013 05:47 pm
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According to a new WrestleZone.com report, Smashing Pumpkins front-man Billy Corgan is rumored to be interested in buying a stake in TNA.



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 Posted: Sat Nov 2nd, 2013 07:17 pm
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srossi wrote:
Either Meltzer is being worked again or the Carters are blatantly lying.  Either is perfectly possible.

PWInsider:

Janice Carter of TNA responded to online reports that the company was looking for a new owner in an internal memo issued to TNA employees today. In the memo, which praised the new 365 initiative, Carter that while she normally does not comment on rumors, she wrote the staff that any rumors that Panda Energy is "attempting to sell its ownership stake" in TNA is false and that she remains committed to the company.

What's the upside to working Meltzer in this instance though? It just makes everyone look low-rent.

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 Posted: Sat Nov 2nd, 2013 11:34 pm
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martini
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bpickering wrote: According to a new WrestleZone.com report, Smashing Pumpkins front-man Billy Corgan is rumored to be interested in buying a stake in TNA.
He has been connected over the years with numerous down on their luck wrestling promotions. Rumor was at one time that he was gonna try to buy ECW before it closed.

I see him as the TNA owner as a lateral move if not a step back.

Last edited on Sat Nov 2nd, 2013 11:34 pm by martini



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 Posted: Sun Nov 3rd, 2013 04:23 am
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martini wrote: bpickering wrote: According to a new WrestleZone.com report, Smashing Pumpkins front-man Billy Corgan is rumored to be interested in buying a stake in TNA.
He has been connected over the years with numerous down on their luck wrestling promotions. Rumor was at one time that he was gonna try to buy ECW before it closed.

I see him as the TNA owner as a lateral move if not a step back.
Corgan has a stake in Resitance Pro Wrestling in Chicago. According to GQ article he put up 35K which for him is probably not a lot but it seems to be pretty hefty buy-in price for any indy group.

On a recent MLW podcast they touched on him as a possible buyer and my take from the comments was that he was a big ECW mark. His knowledge of the wrestling business is sound but probably not high enough to jump to the level of TNA. They also discussed the viablity of Spike buying it and the thoughts were that after the Bellator fiasco they may be very leery in sinking any money into any company as a an owner.

My take is that the company is worthless because there is literally no value. Their is no brand value, hell is it TNA or is Impact wrestling? The tape library is useless. All of the talent except for Sting, Angle and etc are unknowns to any casual fan. An upstart company can just wait for those contracts to expire anyway. The only thing of value is the TV contract. 

My thoughts if I was a buyer is to land the TV rights. Maybe even doing the WCCW to USWA angle to transition name. Retool the whole company with a small cheap crew. Uses the TV as a lure to keep guys around and leverage that by maybe using the office as a booking office to other indy groups.  Concentrate on international tours. Any domestic house shows would be sold shows.

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 Posted: Sun Nov 3rd, 2013 04:38 am
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Jake Roberts wants to buy TNA. No, really.

https://www.facebook.com/photo.php?fbid=539088652845468&set=a.234903559930647.59568.150532115034459&type=1&relevant_count=1



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 Posted: Sun Nov 3rd, 2013 06:56 am
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BuddyPSHayes wrote:
Jake Roberts wants to buy TNA. No, really.

https://www.facebook.com/photo.php?fbid=539088652845468&set=a.234903559930647.59568.150532115034459&type=1&relevant_count=1


I will throw in a couple of bucks. Hell, that may be the most entertaining damn train wreck of all time.

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 Posted: Mon Nov 4th, 2013 02:50 pm
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srossi
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Lou E. Dangerously, who's become close friends with Billy Corgan and helps him run his indy, has confirmed that Corgan is seriuously interested in buying a partial or majority ownership stake in TNA and flew to Nashville this weekend to have meetings about it.



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