Richard Reacts – Dixie Carter, The IWC & The Fate Of TNA Wrestling

What Dixie Carter said…

There’s no point in me reiterating what I’ve already recapped, however, the one quote many critics are pointing to is Dixie’s claim that TNA has been “cash flow positive for the last four or five years.”

Cash flow positive would indicate there is an excess of income over and above expenses, meaning the company is making money. This is a claim that no one – except for people that have access to TNA’s balance sheet – can answer. We can look at some of the decisions that TNA has made and make assumptions but no third party (without access to TNA’s financial records) can confirm or deny this statement.

I do find the wording interesting as Carter is careful. She doesn’t come right out and say they’re generating large amounts of revenue nor does she provide a concrete statement about financial gain. Dixie broadly addresses an issue that indicates they are making money although she gives no specifics. The quote is strategic in nature.

Dixie is also very strategic when addressing the “for sale” rumors. She points more towards those accusing the company is “going out of business” rather than any specific mention of attracting outside financial investors.

Other than that, Dixie seemed fairly transparent. She admitted TNA has caused problems within the Carter family. She praised Spike TV for saving the company (a definitive fact). She owned up to overexposing Hulk Hogan. She was also honest when it came to taking Impact off the road.

I will also agree with Dixie’s statement that it’s more about the show being shaken up, rather the venue. One horrible mistake that TNA made from a PR standpoint is they allowed talent to speak freely about the move. What happened was a lot of talent spoke negatively about the Impact Zone and its “calloused” audience, which makes it harder to get behind TNA spinning the move as a new creative direction.

Page 4 – What should be ignored…

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  • Peter Brian Hoover Jr

    Great article, Richard!

    • http://www.wrestlingnewsworld.com/ Richard Gray

      Thanks Peter, I appreciate that.

  • BIG M

    I know TNA have never released any financial stuff so we will never really know if they have ever turned a profit.
    All I know is if you go by the “released” numbers New Japan Pro wrestling is the most profitable wrestling company in the world behind WWE.
    And for that reason I don’t consider TNA the second biggest wrestling company in the world and in my opinion no one should.

  • Justin Lal

    Great job on page 4 Richard. That was well said.

    • http://www.wrestlingnewsworld.com/ Richard Gray

      Thanks Justin

  • Scott Davies

    TNA should go back to what made them famous & that’s with the X Division. The X Division was the hottest thing in Wrestling & TNA killed their own money drawer. That’s one part I think TNA has gone wrong. I also feel cashing in that title like a mitb brief case diminished the title. The De-Push of Samoa Joe, who is better then an upper mid-carder like he has been booked since 2010. I don’t hate TNA I want to see it succeed, but TNA needs something interesting, besides a stolen CM Punk angle. To me that makes TNA look bush league.

  • David Jr.

    Best Line “As with most stories, I think the truth is found in the middle.”

  • LeftyTosser

    Richard, I don’t always agree with your view of things, but I will take my hat off to you and your work on this piece. Good reporting, not a ton of bias and well written. Thanks!

    • http://www.wrestlingnewsworld.com/ Richard Gray

      Thanks I appreciate it.

  • mike

    Wow the whole next page thing is making me want to stop reading the articles. Why was it changed to thus?

  • Basima

    What is the big idea about spreading articles on multiple pages? Are you on a per click rate? It makes of the articles presentation look amateur and annoying to read! it has heavily degraded the quality of your site! Kind regards.

  • Eddie Edwards

    Can we please get rid of the pages?

  • gianni

    great article. i really like this site because its not so negative and whiny like other wrestling sites/forums. keep it up

    • http://www.wrestlingnewsworld.com/ Richard Gray

      Thanks!

  • Michael

    I was going to read this article but the length of time it takes to go from page to page I can’t really be bothered