Viacom wants to buy TNA

[dh86]

According to Meltzer, TNA has been profitable 3 years of its existence.

Your math is very off (for example Steiner never made close to that, especially his last runs, he was getting nothing, Sting makes the 500,000 but Angle does not), and you are not accounting for that TNA makes money through merchandise, house shows and PPVs. It's not very much money, but they do make money, there is no possible way they have lost 100 million dollars, there entire operating costs for a year are like 12 million dollars, so by doing your math they are making zero money for 8 years and then losing another 12 million on top of that?


and LMAO @ this. You think Vince McMahon would pay $20 MILLION DOLLARS for TNA? Are you fukking crazy?

he paid NOTHING for WCW and that was WCW, a company that had beat them in ratings, stole all his major starts and made it personal.

TNA has done nothing of relevancy to WWE. WWE doesn't really look at them as competition. Vince does watch them, and wants to one up them, but he isn't competing with them.

This is a TV taping from June that Hogan appeared on. How could they possibly have made money? That's a 9500 seat arena that TNA couldn't fill half. This is the case for most arenas they run aside from the TV in the UK. Remember the disaster TNA show last month In Missouri? They drew 250 people to a 7,000 seat arena.The Carter's losing 10 million on average yearly is very much feasible, given they never really made money on shows.

 

[dh86]

I think Spike makes a bid for WWE next year anyway to have the best lead in for Bellator they could possibly get. Which would kill TNA instantly

 

[The Great One]

This is a TV taping from June that Hogan appeared on. How could they possibly have made money? That's a 9500 seat arena that TNA couldn't fill half. This is the case for most arenas they run aside from the TV in the UK. Remember the disaster TNA show last month In Missouri? They drew 250 people to a 7,000 seat arena.The Carter's losing 10 million on average yearly is very much feasible, given they never really made money on shows.

Because they are not paying the arena based on filling 7,000 people, that's not how it works. And they are not paying that much to use those arenas.

They don't run Madison Square Garden, they run venues in bumblefukk Missouri, or like West Virginia and shyt lol. They make money at EVERY live event, of course they do. Maybe not the 250 people one though lol.

But when they run bigger cities, I remember they had an event here in Detroit, at the Fillmore, which cost them almost nothing to rent for the night and the drew about 1,200 people, with the cheapest ticket being $25. That's around $36,000 for the night, at THE LEAST (making every ticket $30) and that's not counting merch sales, probably another $3,000, so they made $40,000 that night. It's not even a tenth of WWE but they are making money.

 

[Brad Piff]

sounds like WCW fukkery all over again

***Neena Koyen of Viacom , claims in a recent press releases issued by Viacom interested in purchasing a majority stake in TNA. Panda Energy is the current majority stakeholder in TNA with TNA Founder Jeff Jarrett having the remaining shares. TNA has been broadcasting on with Spike TV since 2005.This is not the first time Viacom has showed strong interest in buying TNA.
Panda Energy is currently the company that continues to back TNA, but Spike TV apparently is is interested in purchasing a majority stake in TNA. With Spike being able to do very little with the company besides give “suggestions”. If Spike were to purchase a majority stake in the company, they could seriously clean house.Viacom owns so many different channels in the country. I believe they would be a bit more strict in pressuring the creative team to deliver strong ratings .Nothing like a direct vested interest to spark and motivate increased promotion across their many platforms. With Viacom involved there would be much more money put into TNA to actually make it grow, plus it would create a level of security for Television rights.

TNA has been an incredibly strong partner for Spike and IMPACT has been a consistent draw for the network. TNA has always gone out of its way to help promote other Spike projects and shows with the most recent being Bellator MMA.

Spike and Viacom would be even more supportive than they are now. While its believed that TNA will be on Spike for the long-term, a purchase would guarantee this. There would likely be more cross-promotion on Viacom's networks. Spike would be footing the bill and would likely try and do what they did with Bellator and sign big name free agents (like they helped TNA do with Hulk Hogan and Sting)

this shyt is written even poorly than a meester joint

 

[ADK]

Sometimes for about 1 minute I get so mad at how TNA fukks up... they could be so good if they wanted then I go along with my day

 

[jackswstd]

All TNA is lacking is creative direction

 

[dh86]

Because they are not paying the arena based on filling 7,000 people, that's not how it works. And they are not paying that much to use those arenas.

They don't run Madison Square Garden, they run venues in bumblefukk Missouri, or like West Virginia and shyt lol. They make money at EVERY live event, of course they do. Maybe not the 250 people one though lol.

But when they run bigger cities, I remember they had an event here in Detroit, at the Fillmore, which cost them almost nothing to rent for the night and the drew about 1,200 people, with the cheapest ticket being $25. That's around $36,000 for the night, at THE LEAST (making every ticket $30) and that's not counting merch sales, probably another $3,000, so they made $40,000 that night. It's not even a tenth of WWE but they are making money.

So when TNA filled the 22,000 seat Palace with 4,000, they got a discount huh?

 

[The Great One]

So when TNA filled the 22,000 seat Palace with 4,000, they got a discount huh?

They don't get a discount, but venus are booked by type of show - entertainment, sports, trade show, etc..

You think the people who put together bridal shows there get charged the same as when Jay-Z goes there?

It's about manpower needed, parking, vending, security, etc..

And the the Palace actually has 24, 276. I used to work for them

 

[Momentum]

If they get an offer Dixie better sign that shyt SO FAST she gets carpal tunnel in her wrist.

 

[Momentum]

Viacom did buy Bellator for $50 million, and they at least have a fighting chance with secondary MMA pending novembers ppv, say they offer 20 mil for TNA, Vince would offer more than that to kill it

This isn't an auction. They don't have to take Vince's bid.

Dixies family for some odd reason sees a future in the TNA wrestling business. They are losing crazy money, no matter what lies they are spreading. I've heard reports from insiders that TNA loses roughly 600k a week doing Impact!

You really think they wouldn't do the deal if Viacom were to come through with a big bag of cash, leave Dixie in some sort of managerial role, and promote the brand all through the network? Even if Vince offered triple they wouldn't take it off principal. They saw what happened to WCW.

 

[I-Hate-You]

I think the report was more along the lines of it costing TNA 600k for each set of tapings (one trip, 2 shows).

The CCC in Norfolk confirmed about 3,200 tickets for Hardcore Justice (about 1/3 of the building). It was a good crowd too, so I'm assuming they had a solid merch night. That could be a 100k night.

 

[The Great One]

I think the report was more along the lines of it costing TNA 600k for each set of tapings (one trip, 2 shows).

The CCC in Norfolk confirmed about 3,200 tickets for Hardcore Justice (about 1/3 of the building). It was a good crowd too, so I'm assuming they had a solid merch night. That could be a 100k night.

I don't know if you have ever been to a TNA event, but the push the fukk out of the merchandise, they put Velvet/ODB behind the merch stand at intermission and them nerds run to that shyt and buy it all out.

 

[Ill Lou Malnati]

I don't know if you have ever been to a TNA event, but the push the fukk out of the merchandise, they put Velvet/ODB behind the merch stand at intermission and them nerds run to that shyt and buy it all out.

They had Mickie James at the merch stand for my show

 

[dh86]

This isn't an auction. They don't have to take Vince's bid.

Dixies family for some odd reason sees a future in the TNA wrestling business. They are losing crazy money, no matter what lies they are spreading. I've heard reports from insiders that TNA loses roughly 600k a week doing Impact!

You really think they wouldn't do the deal if Viacom were to come through with a big bag of cash, leave Dixie in some sort of managerial role, and promote the brand all through the network? Even if Vince offered triple they wouldn't take it off principal. They saw what happened to WCW.

Just speaking hypothetically. But if spike cancels tna because of ratings or go get wwe next year, tna is over with and they'd take whatever Vince offers regardless.

 

[Momentum]

Just speaking hypothetically. But if spike cancels tna because of ratings or go get wwe next year, tna is over with and they'd take whatever Vince offers regardless.

Very true, which is why Dixie better take this deal as soon as it's offered and let Viacom leverage their properties:

http://en.wikipedia.org/wiki/List_of_assets_owned_by_Viacom#Television_networks