TNA is in the midst of a meltdown which is a real shame, because in my own unbiased opinion, they've been putting on some of the best television I've seen in a while from their company. I admit I fell off of their bandwagon for a while post-Roode era but this is still a great company. People call them out for not building new talent, which is unfair to them. Bully is old, but he's a new talent that WWE never would have tapped into it. Furthermore, you have Roode, Aries and Sabin waiting to carry the company once Angle, Sting and Hardy are out of the picture. They're making the X-Division look somewhat strong lately, the have a good concept in the Bound for Glory series and in all honesty, the MEM vs Aces angle isn't even that bad. Their problem is that they are simply hemorrhaging money.
It was brought up that taking Impact on the road was a mistake and that is somewhat true. People will buy tickets to see TNA live events whenever they tour so Impacts on the road aren't something they are in dire need of, but I defend the decision because there were tons of detractors out there calling them bush league for staying in the Impact Zone. Not only that, but the fans that were there to see them weren't usually wrestling fans, just tourists who happened to be visiting Universal Studios or Orlando. However, they were selling out at least. My suggestion to TNA would be this... stick with the 4 PPVs but hold them 3 months apart each. Do all of your PPVs on the road and spend only one month of TV time on the road. So basically, have Genesis on the road in the beginning of January. Then hold shows at the Impact Zone for the rest of January and February before going on tour in March en route to your PPV event Lockdown at the end of the month. You get to nest for the two months to let things develop in front of your capacity crowd and once your storylines are established you hit the road and go to major locations like Chicago and Nashville where the fans will come out before the big PPV blowoff. Once things cool off post-PPV, go back to Orlando where you'll sell out no matter what and go back on tour to build Slammiversary a month in advance. Basically, I suggest four monthly tours to coincide with the four PPVs they run. I'm not a businessman but that makes more sense to me if you're trying to make money.
Also, if you are losing money at such a high rate, stop running Xplosion and stop paying talent that isn't needed. I'm not talking about Angle and Sting either, I'm talking about Jay Bradley and Rockstar Spudd. I understand they have TV Contracts for Xplosion so they could fulfill those by having their wrestlers who perform on a salary to carry that show instead of having PPA guys on there. You're paying the contract guys money whether they work or not, so put them on Xplosion instead of paying the per-appearance wrestlers who don't draw, sell merch or really inspire the fans any. Once your Xplosion contracts run out, don't renew until you have a steady stream of revenue coming in again. One problem I think TNA has is being overambitious and they have a horrible history of programming including the ever terrible TNA ReAction and TNA Rewind shows which both tanked. Make Impact a hit first and then worry about expanding. It seems like basic knowledge.