Eric Bischoff spitting that hot fire at TNA, Lucha Underground :scusthov:

[Buggsy Mogues]

Easy E on one

Eric Bischoff doesn’t think that Impact Wrestling’s partnership with AAA will mean much in the long term. Bischoff discussed the news on the latest episode of his Bischoff on Wrestling podcast and said that with neither company making much money, it’s not going to make a difference in anything for either promotion.

“I’m just having such a hard time unpacking the meaning or the relevance of that story,” he said. “First of all, I love Lucha Underground, I watch it and I dig it as a television product. It gets no ratings. It’s making no money. It has no live event market. To my knowledge they don’t have any licensing or merchandising. It’s just content. It’s very expensive content and it’s cool as hell, don’t get me wrong. It’s cool content but there is no money in it. The fact that the athletes that portray the characters on a show that doesn’t make any money have the privilege of working on another show that doesn’t make any money and they can’t even be the characters that aren’t making money on another network… to me it just seems kind of irrelevant. It does’t matter.”

He continued, “Impact doesn’t make any money. They make zero money in television and licensing fees. They basically give their show away to Pop TV. It’s like an infomercial hoping that they are going to find another way to make revenue. They don’t have live events, they don’t have merchandising and they won’t be making any money from YouTube as of now. So, what the hell difference does it make? Why is this a headline? A bunch of guys from Mexico get the privilege of working for a company that doesn’t pay anybody any money for an opportunity to not make any money? Eh, good for everybody. I’m happy they’re all happy. It’s great headlines. Great perception. If you can make a living off creating cheap headlines that don’t really matter good for you. At the end of the day it’s a non-issue issue.”

 

[SpacelySprockets]

harsh realities

 

[jackswstd]

Bischoff caught lightning in a bottle once and hasn't ever gotten that close again.

 

[Kidd Dibiase]

He comes off like a dikk saying this but it is facts.

 

[NSSVO]

Breh bodied everyone

 

[MenacingMonk]

Called them an infomercial.

 

[PYRRHUS 88]

Bischoff caught lightning in a bottle once and hasn't ever gotten that close again.

Tbf Bischoff already had WCW business heading in the right direction before the nWo angle lit the rocket fuel. If people try to discredit what he did as being just getting lucky with one hot angle, that'd be incorrect.

Average house show attendance (Bischoff took over in 94):

He's one of the few people qualified to talk about the business aspect of pro wrestling on a mainstream level.

 

[jackswstd]

Tbf Bischoff already had WCW business heading in the right direction before the nWo angle lit the rocket fuel. If people try to discredit what he did as being just getting lucky with one hot angle, that'd be incorrect.

Average house show attendance (Bischoff took over in 94):

He's one of the few people qualified to talk about the business aspect of pro wrestling on a mainstream level.

Because they were cutting costs left and right, it wasn't until Turner greenlit Nitro that shyt kicked into high gear. You're right that it wasn't one hot angle and I wasn't trying to discredit him. Having said that, without that NWO angle the ship might've sank a lot sooner than it eventually did.

Everyone has been tolling TNA/Impacts 10 bell salute since its inception and it's still kicking. If it really is that unprofitable how has it survived longer than WCW.

 

[Honga Ciganesta]

 

[Apex]

Bischoff couldn't save money with WCW.

 

[The Great One]

Hes wrong about TNA not making zero money.

They make money off youtube
They make money off merchandise
They make money off PPV
They also make money off pimping their talent out to indy companies

Its not much but that is their revenue stream.

 

[Here Comes the Pain]

Haven't watched LU since the beginning of season 3, but he's right.

Everybody in the game is hustling backwards except the wwe.

 

[David_TheMan]

LU makes money off merchandise as well.
LU makes money off licensing the broadcast as well.
Live gates isn't a big money builder anymore, it might cost more than it could bring in, so I don't know why he would even bring that up.
Eric is the man who wasted Turner money by cancelling the last hour of 3 hour Nitro and costing Turner more money in cancelling it than they would have had in just keeping it and filling it with content. Let that sink in.

 

[Stop_It_5]

 

[Playaz Eyez]

He's pretty much right about everything except the YT and merch money. He also let Vince put him in a garbage truck as his WWE send-off though, which basically symbolized the end of WCW