How much longer will TNA Last?

[ShaRpY HaRdY]

TNA is no stranger when it comes to "out of business" discussions.. especially more recently prior to the deal with Destination America being made.. but is Destination America really going to save the company? From my point of view I don't really seeing TNA making it past this year even with a deal in place that lasts two years.. Recently it's come out of reports that the locker room has been down on morale as of late, a lot of the current talent doesn't think they will have jobs in the near future.. Now this is all rumored locker room talk, no one has officially come out and said anything yet.. (See Link 1 for more info).. They've also lost 2 producers, which granted isn't a BIG deal when it comes to the larger scheme of things however it shows that even backstage employees are becoming frustrated within the company and deciding to leave elsewhere.. One of them has been with the company a long time for 7 years. (See Links 2 & 3 for more info)

So now my question is.. TNA is in a bad state right about now, do you feel they are going out of business like I do? and if so how long do you give them before they officially close the doors? Like mentioned earlier I'm giving it til the end of the year.

http://www.inquisitr.com/1884244/tna-out-of-business-locker-room-morale-takes-a-tumble/
http://wrestlinginc.com/wi/news/2015/0301/589908/longtime-tna-producer-gone-from-the-company/
http://wrestlinginc.com/wi/news/2015/0301/589911/another-tna-producer-leaves-the-company/

 

[Prince Bálor]

Out of buildness in a year? Seems like a legit prediction.

 

[Bort]

Meltzer:

One of the reasons the frustration level is even above usual levels here is that the talent was together for the U.K. tour a few weeks ago and were talking to each other and realized that there are no house shows planned, and no PPV shows planned (past the taped ones that just took place that nobody actually buys and are only done to fulfill existing international television contracts) and since almost everyone except the few top guys are paid by appearance, there was a realization that almost everyone was going to earn substantially less in 2015. There’s also the recognition that all TNA is doing at this point is staving off dying as opposed to before, when, whether true or not, the idea was that they were at least trying to grow.

TNA is like an old yeller who needs to be put out of its misery. I'm waiting for a "Not-Rise and Death of TNA" DVD.

 

[Leo C]

Idk, maybe their new TV deal will keep them afloat for a while. I really don't know how their finances are but leaving spike must have made stuff worse there.

 

[Dat Girl]

It'll never die. It will become a zombie and continue to live.

 

[Snowman1]

At this point, I'm wondering not about TNA, but the entire American wrestling industry going under. WWE is seeing the (very) beginning of the end with the Network. TNA is TNA. ROH is in financial trouble, and El Rey Network is struggling to afford the massive operating budget for Lucha Underground.

New Japan master race.

 

[Aids Johnson]

At this point, I'm wondering not about TNA, but the entire American wrestling industry going under. WWE is seeing the (very) beginning of the end with the Network. TNA is TNA. ROH is in financial trouble, and El Rey Network is struggling to afford the massive operating budget for Lucha Underground.

New Japan master race.

DOUG! IT AID! You on skype bro!?

 

[Stopspot]

At this point, I'm wondering not about TNA, but the entire American wrestling industry going under. WWE is seeing the (very) beginning of the end with the Network.

Huh? Then why are they turning profit and the stock prices going up?

ROH is in financial trouble,

This rumor was shot down instantly, they aren't in financial trouble, they just didn't get as big a yearly budget increase as they wanted.

and El Rey Network is struggling to afford the massive operating budget for Lucha Underground.

source on that? Seems like El Rey is just expanding, which equals good for LU.

 

[Aids Johnson]

Huh? Then why are they turning profit and the stock prices going up?


This rumor was shot down instantly, they aren't in financial trouble, they just didn't get as big a yearly budget increase as they wanted.


source on that? Seems like El Rey is just expanding, which equals good for LU.

You really were meant to be an admin on a site like this.

 

[ShaRpY HaRdY]

Lucha Underground is in good shape, El Rey Network will be alright they should consider some moves to become more available to houses in the US.. team up with Univision and figure out a way to get LU on TV during garbage time like Friday, Saturday or Sunday at 2 or 3 AM on Univision, it'd be good for both Networks/Channels.

 

[Bort]

At this point, I'm wondering not about TNA, but the entire American wrestling industry going under. WWE is seeing the (very) beginning of the end with the Network. TNA is TNA. ROH is in financial trouble, and El Rey Network is struggling to afford the massive operating budget for Lucha Underground.

New Japan master race.

Way off, man.

 

[Roadster]

It won't die if it has millionaires backing it. Panda Energy bought the company; invested in it. Losing a TV deal won't stop an 11 year commitment to the company. It's going to stay as long as Panda Energy stays.

 

[CFCrusader]

They have Destination America who are fully behind them, a good roster and Panda Energy backing them. Won't go under for a long, long time.

 

[CM Punk]

Doesn't matter how long they last, they're still producing shitty product.

 

[Stopspot]

It won't die if it has millionaires backing it. Panda Energy bought the company; invested in it. Losing a TV deal won't stop an 11 year commitment to the company. It's going to stay as long as Panda Energy stays.

Are Panda going to keep backing a product that doesn't pay back? Because TNA doesn't seem to be turning profit. In any financial report or statement TNA/Dixie makes they always refer to themselves as cash flow positive, which means that they make more money every year, but also spend more money as well each year. So profit TNA makes ifany would be minimal.

Panda is eventually going to want to see a return investment.