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View Full Version : HEY! TNA might turn a profit this year!

Destor
03-31-2008, 01:32 PM
TNA News: Good Financial News, New Creative Direction and More
Posted by Larry Csonka on 03.31.2008

Some TNA news to kick off the day!

- 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

411mania.com
Amazing, aint it?
DRBailey
03-31-2008, 01:58 PM
Now I wonder if they turn a good year of booking?
Heros Welcome
03-31-2008, 02:00 PM
It's only April, they'll figure out someway to get back into the red
Destor
03-31-2008, 02:03 PM
Well to be fair the fiscal year started in what? October? If its looking up at this point they might actually pull it off.
Jeritron
03-31-2008, 02:38 PM
In response to Mayweather at Mania, they'll end up spending 20 million on someone from Top Chef or a shitty reality show to headline Bound for Glory and wonder why things aren't working out for them
McLegend
03-31-2008, 02:41 PM
Good for TNA.
Destor
03-31-2008, 03:01 PM
The more I think about it the more I think this is an April fools joke.
McLegend
03-31-2008, 03:04 PM
lol it's written by Larry Csonka
Rob
03-31-2008, 03:13 PM
The more I think about it the more I think this is an April fools joke.

They definately made money in 2007. How? I don't know but they did.
Destor
03-31-2008, 03:16 PM
I suspect the Knockouts are really being brought in for their secrete prostitution rink that has been funding the company since the beginning. All the way back to the with strippers they had locked in the cages back in the Nashville days.
Fox
03-31-2008, 04:08 PM
Maybe Nash and Jarrett are dealing coke out of the Impact Zone.
Testicle
03-31-2008, 04:30 PM
lol it's written by Larry Csonka

:D Thats the first thing I thought too.
Jeritron
03-31-2008, 04:35 PM
Awesome Kong might turn a head
Kane Knight
03-31-2008, 04:43 PM
Maybe Nash and Jarrett are dealing coke out of the Impact Zone.

I suspect the Knockouts are really being brought in for their secrete prostitution rink that has been funding the company since the beginning. All the way back to the with strippers they had locked in the cages back in the Nashville days.

These are about the only plausible ways they could turn a profit. Unless WWE is paying them money to keep Russo and Mantell on the writing team.
6to1
03-31-2008, 06:44 PM
They definately made money in 2007. How? I don't know but they did.

i think it was house shows moving out of orlando is helping them out
El Fangel
03-31-2008, 07:39 PM
Maybe Nash and Jarrett are dealing coke out of the Impact Zone.

In other news, Phil Brooks has filed Bankruptcy...