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Old 11-04-2016, 08:41 PM   #1161
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I heard this weird suggestion somewhere about The Rock starting up his own wrestling promotion. I never for the life of me suspected that The Rock would ever go against Vince, because why would he turn down those truck loads of money per appearance? But then I realized that if he decides to give back to wrestling -- because what it truly needs is competition -- he could very easily set up something with Brian Gewirtz, Dave Lagana and Billy Corgan, or something. If they could just find a way to make it profitable, it could be a little source of constant rejuvenation for The Rock, who just dips his toe in and comes out golden.
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Old 11-04-2016, 08:41 PM   #1162
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I feel silly even suggesting that, but it would be fucking amazing.
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Old 11-04-2016, 09:15 PM   #1163
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Some details from the Observer regarding TNA and Fight Network being late paying Corgan.

Quote:
The situation with TNA and Billy Corgan had a few twists and turns this morning stemming from a New York Post article by Richard Morgan.

The key to the story at this point is that even though TNA is being controlled and funded by Anthem Sports & Entertainment, for reasons of saving money based on the Corgan contract, they are claiming they haven't been sold, even though for all real purposes they have.

The point to this is that Corgan's deal with TNA when fronting them $1.8 million (a figure Corgan has now confirmed) is that if the company was sold, he was entitled to a 50% transfer fee, meaning the company would owe him $2.7 million. Anthem Sports has been willing to pay Corgan $1.8 million, or at times $1.9 million (claiming they were willing to pay six percent interest), but not $2.7 million, and also insist on him dropping his lawsuit against them before they would pay him.

Corgan is asking for the money, but refuses to drop the lawsuit, and claims that if they don't pay him he has the right to convert the payment into 36 percent of TNA stock. It would be a minority interest. Anthem is clearly avoiding the term purchase of TNA and going through with an actual purchase, in order to avoid the transfer fee.

In court they had said they would pay the amount of $1.9 million (they said the number owed plus six percent interest) on November 1st. As of today, it had not been paid. TNA is demanding that if they paid the money, that Corgan sign a release, breaking all ties between the company which would mean that he would have to drop the ongoing lawsuit and could not sue the company going forward.
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Old 11-06-2016, 01:29 PM   #1164
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We should all tweet Billy and Dixie and let them know who the fuck re-signed with TN fuckin' A this week
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Old 11-06-2016, 01:35 PM   #1165
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Bram regrets re-signing but he's a cop beater and WWE wouldn't want Charlotte's ex to be in WWE.
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Old 11-11-2016, 08:15 PM   #1166
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Baring something crazy happening outta nowhere, Corgan and TNA/Fight Network agreed to a settlement deal.

Quote:
Originally Posted by Observer
In a surprising move Friday, Billy Corgan announced on Twitter that he signed a settlement with TNA & Anthem Sports & Entertainment.

The leader singer of the Smashing Pumpkins didn't say much but did mention he'll be doing some media next week to "fill in the blanks" and "spell out what is/isn't in" the settlement.

Anthem property The Fight Network tweeted that they are "happy with arrangements made w/Mr. Corgan, allowing Impact Wrestling to put this behind them and focus on producing great shows."

The arrangement ends a contentious fall season for Corgan, Anthem, and TNA which saw Corgan file a lawsuit against TNA over gaining control over the company due to unpaid loans. The judge denied that claim, but as of the November 1st deadline to be paid back, Corgan still hadn't been made whole which led to a formal request for payment, hampered by a complicated contract arrangement.
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Old 11-11-2016, 08:21 PM   #1167
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Old 11-11-2016, 08:21 PM   #1168
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OR IS IT?
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Old 11-11-2016, 09:52 PM   #1169
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Does this mean no more pumpkinhead on TNA?
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Old 11-11-2016, 10:59 PM   #1170
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How does this company just not die?
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Old 11-12-2016, 12:49 AM   #1171
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Shocked, shocked I tell ya!



Knew it would likely settle.
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Old 11-22-2016, 06:51 PM   #1172
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Quote:
Originally Posted by Smelly Meatball View Post
Baring something crazy happening outta nowhere, Corgan and TNA/Fight Network agreed to a settlement deal.
Turns out something crazy did end up happening since the settlement deal might have been rejected.

Quote:
Originally Posted by PWI
Despite publicly announcing that he and TNA had come to an agreement on their legal issues regarding the lawsuit he filed against TNA, Dixie Carter and others, the lawsuit Billy Corgan filed in the Nashville Chancery Court continues on.

On 11/14, the court issued an order extending the defendants' time to answer the lawsuit or otherwise plead in regard to the case until today, 11/22. The order noted that it was at the request of counsel for both Corgan and the Defendants and that the extension "further the interests of judicial economy and efficiency."

So, either the two sides have settled and it will be officially filed with the court today or the defendants will be filing some sort of official response to the case, such as a motion to dismiss.
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Old 11-28-2016, 11:31 AM   #1173
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Shane Helms on TNA:

Quote:
I think the best analogy I can come up with for TNA is that we’re a restaurant that has new cooks, we got a new kitchen, we got a new menu. But people can’t forget the e-coli breakout that we had a couple years ago that killed about eight people.
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Old 11-29-2016, 10:39 PM   #1174
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Corgan ended up settling with Anthem Sports & Entertainment and is pretty much out of TNA now.

Meanwhile TNA is expected to lose one of their other on-going lawsuits since they are almost guaranteed to be hit with a default judgement for pretty much ignoring the court case.

Quote:
Remember how when American Express sued TNA for not paying their bill to the tune of $269,049.50, the summons was served to a receptionist at TNA’s old office that they were evicted from months earlier? Well, that’s about to become an issue for TNA: This coming Wednesday, American Express will be in court arguing that they are entitled to a default judgment because TNA has not acknowledged the complaint. A default judgment is exactly what it sounds like, TNA losing by default. TNA has not filed anything in the case since it was fire filed back in July, and thus are currently listed on the court docket as having no legal representation recorded by the court.
http://www.sescoops.com/american-exp...-in-debt-case/
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Old 11-29-2016, 10:58 PM   #1175
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Quote:
Originally Posted by Smelly Meatball View Post
Corgan ended up settling with Anthem Sports & Entertainment and is pretty much out of TNA now.

Meanwhile TNA is expected to lose one of their other on-going lawsuits since they are almost guaranteed to be hit with a default judgement for pretty much ignoring the court case.


http://www.sescoops.com/american-exp...-in-debt-case/
Not surprised re: Corgan.

Also, it's really rare for a court to grant default judgement at this early stage regardless. Not impossible for an order of default judgement to be issued, but it's just not likely to occur on Wednesday. Especially if anyone representing TNA (attorney or not) shows up. That being said, if TNA fails to respond further after this, the court would easily issue an order of default against TNA in the future.
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Old 11-30-2016, 08:26 AM   #1176
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Corgan got a settlement? I wonder how much the gift card to Sunglass Hut was for.
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Old 12-01-2016, 07:02 PM   #1177
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at the basis for Corgan thinking he had actual power on TNA being a simple chart TNA management and/or Dixie showed him listing him as president.

Turns out Dixie named him president just for the sake of it and never had plans to actually give him any power in the company. Only wanted his money because of how desperate they were at the time.

Corgan got fooled/conned big time.
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Old 12-01-2016, 10:28 PM   #1178
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Apparently the lawsuit Corgan has with Dixie Carter is still technically active despite him settling with Anthem and TNA. Has to do with how he withdrew the lawsuit since it had some stips attached in case it ever needed to be reactivated in the future.

Quote:
Originally Posted by PWI
In a matter of full disclosure, no one from TNA management, thus far, has wanted to respond to Billy Corgan's interview with PWInsider.com on record.

There may be good reason for that. On 11/29, Corgan's attorneys filed a notice in the Nashville Chancery Court that they were voluntarily dismissing his lawsuit against the company without prejudice, meaning that the lawsuit could always be re-filed down the line. In his interview with PWInsider.com yesterday, Corgan said that he has released all claims against TNA Impact Wrestling, Impact Ventures and Anthem Sports & Entertainment. So, that would mean he is still considering pursuing Dixie Carter and others legally. The lawsuit has yet to be officially dismissed by the presiding Judge.
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Old 12-03-2016, 02:08 AM   #1179
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The brand is unsalvageable. Re-brand with a new name, logo, colours etc. The whole presentation needs to move.

I would have Matt Hardy destroy the set with drones. Then launch a new wrestling company. Fuck TNA's legacy.
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Old 12-09-2016, 10:25 PM   #1180
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Apparently TNA tried to fool their way out of another lawsuit as a way to get it dropped due to a technicality. Unlike the successful Corbin attempt, this time it didn't work and the judge ordered the lawsuit to continue.

Wasn't as sneaky or elaborate as the stunt they pulled against Corbin fooling him into thinking he had any real power and/or ownership of the company.

Quote:
Originally Posted by Observer
SE Scoops reported an interesting twist in TNA’s attempt to get the lawsuit filed by Audience of One Productions (which did the production at several sets of taping in 2015 and is still owed for it) thrown out. The judge turned down that motion and ordered the two sides to go into settlement talks. What’s notable is that Ron Harris, who was sued along with TNA and Aroluxe, wrote that he was never employed by Aroluxe or TNA during that time period and that “my last employment with TNA was almost ten years ago.” Jason Brown of Aroluxe also stated that they do not employ Ron Harris and he was never authorized to speak in their behalf. Of course, the Aroluxe web site had for a long time listed Ron & Don Harris both as key members of the team. In October, both Harris Brothers names were removed from the Aroluxe site, which would coincide with Anthem Entertainment and The Fight Network funding TNA’s last set of taping. Interestingly, Jason Brown himself is also no longer listed on the Aroluxe site anymore.
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Old 12-10-2016, 01:25 AM   #1181
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Don Harris, however, is employed by Aroluxe, and they did the old switcheroo on them all the time.
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Old 12-10-2016, 01:41 AM   #1182
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Don Harris, however, is employed by Aroluxe, and they did the old switcheroo on them all the time.
Breaking News! The Killer Bees to sue the Harris Brothers for gimmick infringement.
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Old 12-27-2016, 04:07 PM   #1183
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It's fully done.

TNA bought by Anthem, Dixie gone

Also they're doing house shows in 2017

Jan 5 through 12, they'll do 12 episodes of Impact, a live One Night Only PPV, and additional material.
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Old 12-27-2016, 04:11 PM   #1184
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At least they are doing house shows again. Doing 3 months of shows in a week isn't good though. Thank god Dixie is gone though hopefully Anthem can do something with TNA.
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Old 12-27-2016, 04:15 PM   #1185
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Remember when TNA had a shot of competing with the WWE?
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Old 12-27-2016, 04:32 PM   #1186
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Remember when TNA had a shot of competing with the WWE?
Kind of ruined what was good about them though. Before they were a nice alternative to WWE. Once they started competing with WWE their product changed to match more of a WWE show and when that didn't work they just caved into Russo and lost their TV network and it's been down hill ever since. They have good moments every once in a while but a lot of it is swing and miss.
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Old 12-27-2016, 04:35 PM   #1187
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Yeah, that period of having Christian, Rhyno/Raven feud and AJ/Joe/Daniels putting out those matches was the only time I kept watching. Then after the Hogan/Bischoff thing, it started getting shit.

If Joe did go to Smackdown, I hope WWE hire The Addiction. Great tag team and could have Daniels work a couple of those matches again, but on the big stage.
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Old 12-27-2016, 04:49 PM   #1188
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I want the Addiction in WWE so bad. WWE Universe love to let wrestlers know they deserve it. Daniels and Kaz are two of the most deserving talents not in WWE that deserve a spot. I'd be happy with a spot in a tournament like the CWC though were they would have a little bit more freedom than what they would on the main roster.
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Old 12-28-2016, 08:45 AM   #1189
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I watched TNA pretty regularly for the first 6-7 years of its existence. Then my interest started to wane after the Main Event Mafia stuff ended and Hogan/Bischoff basically killed it dead after that.

I loved that one night of flipping back and forth between the two live shows, but TNA looked so second rate trotting out people like the Nasty Boys in 2010.
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Old 12-28-2016, 08:54 AM   #1190
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I watched TNA pretty regularly for the first 6-7 years of its existence. Then my interest started to wane after the Main Event Mafia stuff ended and Hogan/Bischoff basically killed it dead after that.

I loved that one night of flipping back and forth between the two live shows, but TNA looked so second rate trotting out people like the Nasty Boys in 2010.
I used to buy the PPVs and watched regularly and it ended when Sting beat Joe with Nash's help to form the MEM.
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Old 12-28-2016, 09:02 AM   #1191
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The early stages of MEM were worth it for Chet Lemon/Black Snow on commentary and Scott Steiner being Scott Steiner.

Then they merged with World Elite and it became dumb as fuck.
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Old 12-29-2016, 11:42 AM   #1192
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The Broken Hardys need to enact the Freebird Rule so that King Maxel, Senor Benjamin, and Vanguard 1 can all be the tag team champions.
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Old 12-30-2016, 10:15 AM   #1193
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Someone pointed out to me that Anthem is "meh TNA" backwards.
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Old 12-30-2016, 10:31 AM   #1194
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Quote:
Originally Posted by #BROKEN Hasney View Post
It's fully done.

TNA bought by Anthem, Dixie gone

Also they're doing house shows in 2017

Jan 5 through 12, they'll do 12 episodes of Impact, a live One Night Only PPV, and additional material.


The One Night Only shows boggle my mind unless there is a niche audience I know nothing of.


TNA house shows are second to none in terms of the entertainment to dollar value. At least it was around the AJ Styles/Angle/Joe/Beer Money era
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Old 12-30-2016, 11:25 AM   #1195
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I guess that if they already have the building and cameras there with everything setup, it will probably get enough buys to cover the extra couple of hours they have the rent the bulding for.
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Old 12-30-2016, 02:01 PM   #1196
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Quote:
Originally Posted by Heisenberg View Post
The One Night Only shows boggle my mind unless there is a niche audience I know nothing of.


TNA house shows are second to none in terms of the entertainment to dollar value. At least it was around the AJ Styles/Angle/Joe/Beer Money era
Yeah the house shows kicked ass better then wwe house shows.
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Old 01-05-2017, 12:57 AM   #1197
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TNA ended up losing the lawsuit against American Express recently. Puts their current record at 1-1 with a couple more lawsuits still active.

According to court reports, TNA lost by default due to refusing to be involved with the case and ignoring the extension the court provided to them.

Quote:
When we last left the matter of American Express’s lawsuit against TNA a month ago, the hearing in the case to determine if the credit card company would win by default was delayed a few weeks. With TNA never having officially recognized the lawsuit in any way, it was only natural that American Express would move for a default judgment which is standard when the defendant never acknowledges the case. It turns out that the judge issued a decision on December 22nd, but it wasn’t filed with the online court system until Tuesday. As expected, TNA lost the default judgment, and is now officially on the hook for $269,049.50 through the court system.
http://www.sescoops.com/tna-loses-26...rican-express/
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