Chikara just went out of business.

TrillaMonsoon

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It sucks. I thought they put on good, entertaining wrestling shows. They made it entertaining for kids which has it's place in the wrestling world.

They run the "Wrestling Is..." companies so they aren't completely dead yet but it's not looking good.

#EstonianThunderFrog
 

desp

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My first thought was work, but it's seeming more and more likely as time goes on. Either way, the Wrestling Is... promotions will carry on.
 
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The source

Big Independent Fed Shutting Down, Update On TNA Releases | WrestleZone

CHIKARA Shutting Down

It appears as if the independent company CHIKARA is in fact shutting its doors. The promotion has canceled all of it's upcoming events ands seems like the iPPV they hosted last Saturday in Philly might have been their last.

CHIKARA was founded in 2002 by Mike Quackenbush and Reckless Youth.
 
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