WWE to buy TNA for "Network Exclusive"

[Jacob Fox]

I think WWE'S position on it seems to be that even if Dixie doesn't sell to them now, that they'll still eventually purchase it. According to Forbes, they feel that whomever does buy TNA, it's problems will only continue and this person will eventually be forced to sell the tape library and trademarks just to get some of their investment back.

I tend to think they're right.

 

[¡Tranquilo!]

According to Dixie herself via Twitter:



Or at least BFG is going to happen...

 

[WarMachine1]

According to Dixie herself via Twitter:



Or at least BFG is going to happen...

I bet that WWE supplied the funding.

 

[C.M. Shaddix]

So BFG is happening and so are the tapings... This means a deal has been made but it is unclear who

 

[Jacob Fox]

I hate to admit that this has gotten me so curious that I am actually contemplating getting BFG.

 

[WarMachine1]

So BFG is happening and so are the tapings... This means a deal has been made but it is unclear who

Everybody thinks WWE.

 

[Snowman1]

I think WWE'S position on it seems to be that even if Dixie doesn't sell to them now, that they'll still eventually purchase it. According to Forbes, they feel that whomever does buy TNA, it's problems will only continue and this person will eventually be forced to sell the tape library and trademarks just to get some of their investment back.

I tend to think they're right.

Same. As we talked about before, I don't see what TNA can do to create any buzz. Since then WWE's year has only become more noteworthy, and the only thing they can do to create any buzz at all is to do the most wacky drugged-up shit the wrestling world has ever seen.

 

[C.M. Shaddix]

Everybody thinks WWE.

Maybe... Would WWE keep it secret for a bit and then have Triple H or Vince show up on Impact to announce the purchase?

 

[Jacob Fox]

Maybe... Would WWE keep it secret for a bit and then have Triple H or Vince show up on Impact to announce the purchase?

I think Vince would love to relive his moment of winning the Monday Night War... although this would be on a much lesser scale and TNA and WWE weren't exactly at war, purchasing the competition gives him the opportunity to sort of do this again.

 

[Black Iron PJ]

Everybody thinks WWE.

Idk WWE would have to go through ALL of TNA's debt to clear the tapings (what WWE ultimately wants) which would probably require a few years to sort out and that's something they probably wouldn't to do considering that TNA's a low priority acquisition in their eyes.

 

[Zardnaar]

Vince basically got WCW for free. He paid his 4 million but some revenue was delayed by 3 months so he got that after he bought the company while the parent company IIRC ate the debt.

 

[britishheel]

A deal might not be in place with WWE or anyone else, well a done deal. The PPV is going ahead which means someone threw money at it, the money indicates Sinclair or WWE just because they gain the most out of any deal, somethings telling me WWE because you can go search TNA on their website now. All I know is Bound For Glory will start or finish with a statement from Dixie with the new owner introduced.

 

[Jacob Fox]

Idk WWE would have to go through ALL of TNA's debt to clear the tapings (what WWE ultimately wants) which would probably require a few years to sort out and that's something they probably wouldn't to do considering that TNA's a low priority acquisition in their eyes.

They actually wouldn't. I am not sure I understand completely what you are saying, but it basically is like this:

If WWE only wants the tape library and the trademarks, they wouldn't have to touch the debt at all. That debt would be held basically by Dixie Carter. They could buy these things debt free. WWE could have purchased the tape library already and TNA may be using some of that money to put on the PPV. If WWE buys the tape library, Dixie Carter would still be holding the actual company and the debt.

WWE wouldn't have to pay the debt for the PPV or the TV tapings to go through. The majority of the debt is to Billy Corgan and Aroluxe. It would likely be in both of their best interests for BFG and the TV tapings to take place. If WWE is only buying the tape library

Even if WWE does buy the entire company and pay off the debts, lets keep in mind that TNA's debts are only substantial for TNA. WWE has much deeper pockets and resources and they could easily pay off TNA's debts.

However, I don't think they are going to. From what I was reading on Forbes, TNA needed $600,000 to go ahead with BFG and their TV tapings. It is quite possible that WWE is going to buy the tape library and also put up the money for TNA to hold their major PPV and TV tapings so if the company DOES fold, they can fold on a good note. Folding this way could be beneficial for WWE because all of the buzz around it could increase ratings for their own shows as well as help them with Network sales by letting people know that TNA's shows will end up on the network eventually.

 

[Zardnaar]

Is WWE doing that well since 2014? Rating s are down, and they lost share value a couple of years back.

 

[Jacob Fox]

Is WWE doing that well since 2014? Rating s are down, and they lost share value a couple of years back.

Stock keeps going up and down. It is currently up at $23. For 2015, they had $658 million dollars in revenue and held over $400 million in assets and $200 million in equity. Buying TNA would be rather easy for them.