TNA financial news, new booking direction, World X Cup, and more!

[chessarmy]

Early projections are that TNA will be "significantly profitable" in 2008. TNA has many revenue streams coming in, including rights fees for Impact, the increase in demand for their talent, the upcoming Midway Video Game, overseas TV rights sales and house shows. With these taken into consideration TNA is expected to turn the corner financially, even with their PPV buy rates being lower than they were.

- Panda Energy has not had to put any money into the promotion for over a year, which means that TNA has actually become a self-sufficient company. The feeling is that the company either broke even or made a small profit in 2007.

- Jeff Jarrett wants to take the TNA product in a more serious direction, ala the Angle vs. Joe build. Jarrett wants more in ring time and the serious edge, while Vince Russo likes doing more pre-tapes and promos, and adding cute lines to them. Dutch Mantell wants what ever Jeff Jarrett wants.

- The World X-Cup is set for May, but nothing official has been announced for a Team Mexico or Japan yet.

Credit: The Wrestling Observer Newsletter

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I'm happy that Jarrett wants the product to get more serious, and you can tell that it has over the last few weeks. The World X Cup should be very entertaining and hopefully we get more info on the Japan and mexico teams. And finally, TNA turning a profit is great news and now all the fans that rant on TNA's financial problems can shut up. Hopefully PPV buy rates can go up as well

 

[RKOrton.]

It's good Jarrett wants to have more in-ring time for feuds. It's better than having these MMA-like promo's week after week. It sucks Joe said he wouldn't appear on iMPACT until he won the title, as in-ring promos between the two would have been great. Russo may like to do promo's, but Jarrett's the head of the company so if he wants more in-ring time, he should tell Russo they are heading more in-ring time for the feuds, as that would add better hype to the matches IMO.