Interesting perspective from Jim Ross... could the "ongoing negotiations" be for the purchase of the company?
WWE Hall of Famer Jim Ross has posted a second blog on jrsbarbq.com today discussing TNA’s situation with Spike TV. Ross commented on speculation that Spike could be looking to purchase TNA and that other networks may be interested in picking them up. Here’s part of what he wrote:
“So, Sunday night TMZ reports that Spike TV isn’t renewing their current TV rights fee arrangement with Impact Wrestling. I assume that to be true based on how TMZ presented the story but I’m on the outside (luckily) looking in. Today TNA/Impact says that negotiations are still on going with Spike while Spike says that they don’t comment on “on going negotiations.”
I knew the ‘spin’ on this matter would be prevalent once I heard the news Sunday night and whether or not this info is ‘spin’ or merely an update to settle things down, I don’t know.
In the world of negotiations, Spike may simply be trying to pay a much lower rights fee to TNA than in the past and have made their position clear by saying that we are not renewing the deal at the current numbers.
Could Spike be thinking like TBS, Turner Broadcasting Systems, when Jim Crockett Promotions found themselves in financial trouble and TBS bought WCW and perhaps be looking to add a pro wrestling brand to their list of properties? Spike/Viacom recently bought out MMA company Bellator….which definitely needs a new name…BTW.
Those would be two fresh, first run programs that appeal to a primary male demo and that seems to be the Spike profile or so it seems to me based on their current programming more often than not.
Why would Spike want to get rid of one of the few shows on their network that garners over 1M viewers per week in prime time? That makes no sense to me but Spike negotiating to keep TNA at a lower dollar does.
Every once in a while many businesses have to hit the reset button and essentially start over with their infrastructure. Simply from what I hear it seems as if that is a timely thing to do for TNA and that process seemingly has already started. ‘Crisis Management’ was practiced daily by my department in WWE back in the day because we were always only a key injury, etc or two away from being in a dilemma.
Many of today’s corporations are too fat and produce too much waste including having multiple people seemingly doing the same tasks. WWE has stated that they are reducing their overhead in a significant way much like we did in the mid 90′s and that down sizing seemed to work out well for WWE over time.
Even though the news of TNA ‘leaving’ Spike is startling to many, especially those that take care of their families via the monies that they earn from TNA, I have a gut feeling that this is a matter that is still in play and that there well could be other cable networks who will have an interest in a TV show that ‘s first run and can bring a solid audience with them if they change networks.
The key to that last sentence is IF Impact changes networks.”
Read more:
http://www.pwmania.com/jr-comments-...na-interest-from-other-networks#ixzz38oIfn1WQ