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

What we've heard about TNA Wrestling…

None of my sources, not one of them, has told me that TNA Wrestling is for sale. Rather, I've been told that TNA is looking to attract outside investors. TNA wants their bottom-line to look as attractive as possible to entice another party to invest into the company. This shouldn't come as a surprise.

In August 2012, we reported here on Premium that Jeff Jarrett was actively trying to bring on new investors to invest into TNA Wrestling. We were told at the time that one of the companies that Jarrett was talking with was Royal Capital Corporation. They're a Georgia-based company that owns the Shoney's restaurant chain. In that same article, we noted that Janice Carter could be tempted to sell if things didn't turn around but that TNA was simply seeking a minority partner.

Page 3 - What Dixie Carter said...

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  • Peter Brian Hoover Jr

    Great article, Richard!

  • 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.

  • 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!

  • 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

  • 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