The bad news keeps piling on for TNA, and I really am curious as to what your thoughts are for the survivability of the company. Are these really necessary measures which are going to sustain TNA, or the last desperate attempts of a dying company to stay afloat for a tiny bit longer?
ah, their survival is 100% dependent on Spike and Panda and nothing else. They could die tomorrow at the whim of both companies, but Spike keeps them around for solid ratings in that timeslot and Panda presumably uses them as a tax writeoff. The question is how MUCH money can the company lose before Panda no longer finds them useful as a plaything, which is probably why Dixie is doing the desperate cost cutting to remain an attractive loss leader instead of a giant albatross ala WCW 2000. If they're content with giant losses, TNA will be around forever. If not, they'll be shut down next week. No way to call it otherwise.
Except they're making the exact same mistake WCW did:
ReplyDeleteKeeping Hogan around.
From the Observer daily update: "--TNA is currently looking for a publicist with 2-3 years experience in pitching and securing media bookings, developing media relationships and writing press materials. They are looking for someone with a degree in public relations or sports marketing, or journalism. You have to be willing to relocate to Nashville. "
ReplyDeleteThis is a temp job, obviously.
Panda is just a dummy corp for Dixie's parents anyway. I remember reading that someone tracked them down to their "corporate HQ" and it was an empty storefront. Some kinda tax shelter, I reckon.
ReplyDeleteMy vote for who to buy TNA to keep it as competition? Insane Clown Posse. No seriously. Setting aside anyones opinions of their music or fans, they've kept Juggalo Championshit Wrestling running semi-regularly for a lot of years, and they have good contacts in the wrestling world and apparently a good reputation amongst wrestlers. Plus slapping their name on anything brings in all the Juggalos. Like them or not there are millions of them who would probably all watch a Juggalo wrestling show on Spike every week. and they wouldn't just be running typical JCW nonsense: they do the legends show at Gathering of the Juggalos every year that's more straightforward. It could work. Or we could see the epic Samoa Joe vs. Fat Fuck Barrel Boy match we've been waiting for.
According to their website, they lease a business suite in suburban Dallas. Google maps show its it being a medium sized office building that shares a parking lot with a McDonalds.
ReplyDeleteJust saw on the cable guide tonight that they actually have a new ICP TV show on Fuse (generic MTV). Obviously I didn't watch it, but it sounded like Ridculousness clone.
ReplyDeleteLet me ask ya somethin: You want fries with that, brother?
ReplyDeleteJUGGALOS FOR LIFE
ReplyDeletehttp://www.metalsucks.net/wp-content/uploads/2010/11/Its-always-sunny-juggalo-1.jpg
Since everyone is predicting TNA's death, I will give my prediction: TNA will go out of business by lunch time today!
ReplyDeleteI actually think that cost-cutting measures could make their product better. If they can somehow get out of Hogan and Sting's contracts, that alone would be huge savings. Trim payroll, trim production costs, and let homegrown talent wrestle.
ReplyDeleteI think they'll be ok if they just circle the wagons and focus on keeping their core audience. They can do that by telling coherent stories that make sense with wrestlers who can actually go in the ring.
They did a pretty decent job with the Aces & 8's, they just forgot to have it go somewhere.
Upvote for this being a temp job
ReplyDeleteTNA's offices are pretty much the same thing in Nashville. They are in a small suite in an office building in Nashville above a cafe. http://goo.gl/maps/esHwn
ReplyDeleteI was on vaca in Nashville and walked there and you would never know its there unless you saw the little sign or stopped by the one security guard that the building has hired to not allow you to go to TNA's suite.
The object of any business is to make money, which TNA hasn't done since inception. You can cut cost all you want but if you can't get additional revenue coming in, it's going to go away eventually.
ReplyDeleteThe better question is, what can they realistically do to turn a profit?
ReplyDeleteBWAHAHAHAHAHAHA!!
ReplyDeleteThat was a good one!