I'd say WCW because they were losing a lot of money and were a mess backstage. Not to mention they could never really get the ratings they got from 96-98.
TNA has a lot of problems to fix, but even with all of their ridiculous booking they've managed to grow and even recently turn a profit. They still don't draw big numbers in ratings, but they've slowly started to increase.
WCW rapidly declined while TNA is ever so slowly growing.
I do agree that TNA are following some of WCW's mistakes, but at least they have pushed a couple former WWE guys who weren't already main eventers like Christian, Matt Morgan (even though I think he's boring), and Kaz. TNA needs to use the ex WWE stars to put over and make TNA stars. I don't know why they've fucked around with Daniels for so long.
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