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More on TNA’s financial woes



Since leaving Universal Studios in Orlando, FL and taking Impact on the road, the cost of taping Impact skyrocketed to $600,000 per taping. The increased cost of taping Impact with no increase in ratings and revenue has caused the company significant financial problems. According to the Wrestling Observer Newsletter, Hulk Hogan and Eric Bischoff pushed the idea of moving Impact out of Universal Studios as a necessary game changer. TNA President Dixie Carter had stated that the move out of Orlando put the future of the company at risk. But there has been no increase in revenue to offset the added expense, and ratings have actually declined.

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19 Responses

  1. Tommy says:

    TNA as a 2nd “sports entertainment” behind WWE, with Hogan, Bischoff and Angle, live from everywhere in the USA, 2 hours long Tuesdays on prime time : rating around 0.9

    TNA as an original promotion, not caring about the others, with the X Division as the identity of the promotion, main eventing PPVs, Christian Cage voluntary jumping (and not getting there just because he got fired), only in the Impact Zone, taping from a few days to a month before TV broadcasting, 1 hour long, Saturdays at 11 pm : rating around 0.8

    What an evolution !

  2. Robert Barron says:

    Wait a minute. You mean to tell me that Eric Bischoff and Hulk Hogan made a very poor business decision and put the future of a company at risk in the process!? No way. (sarcasm dripping)

    We can blame Eric and Hogan all we want, but it was ultimately Dixie Carter agreeing to it that hurt. They overthought this thing. They’re in a state with no state taxes. The Impact Zone in Orlando provided a nice central location for talent. The talent didn’t have to travel for shows, allowing some to choose TNA over WWE. Creating a very strong local/regional fan base should have been priority number 1. The people will eventually get the rest of us to watch. People communicate with more people, faster now, more than ever before.

  3. Agent Cooper says:

    Hogan and Bischoff driving another company into the ground. The ratings were actually higher before they got there with Russo running the show. Back when it actually used to be entertaining.

  4. cool arrow says:

    Not to defend Hogan or Bischoff, but come on. It was more entertaining when Russo was booking? Seriously? It was horrendous!

  5. gerry says:

    Just sell to mcmahon already, at least we will get a decent dvd out of it

  6. Meg says:

    I agree with Gerry just sell it to vice McMahon already I can see the DVD title now: The Rise and fall of TNA Wrestling brought down by Hulk Hogan and Eric Bischoff coming soon to a store near you

  7. ~J* says:

    get yer ass back to the impact zone dixie….it aint working for tna!!!!!!!!!!!!!!

  8. cold says:

    hopefully SPIKE just buys out the Carters and cans Hogan and Company.

    I respect Hogan as a performer and entertainer but enough is enough, Whatever they are trying to prove to Vin Man, isn’t working and i doubt Vince Cares…

  9. art123guy says:

    Money issues aside, the shows on the road have been better and more exciting. Funny how everyone said they had to get out of the Impact Zone, now that they are, everyone’s saying it was a mistake.

  10. Xtremefalls43 says:

    Question for Meg and Gerry what about the TNA Video Library makes you think The WWE would want it?

  11. Legend_Killer says:

    TNA move from Universal Studios to the World, and WWE is going to buy the Impact Zone lol

  12. trevh says:

    tna need to start either looking back on their early days of their company and note how it grew or they need to discover why wwf grew in their early days

  13. Hennessy says:

    I think they really missed a chance when they did not sign Paul Heyman. Instead of the oblivious idea to get to the top of the wrestling/entertainment industry, Heyman would have focused on being a productive #2 with great young roster (at least that is MY first guess)

    I honestly always hoped for TNA to be successful. It can only help the business if we have another successful wrestling promotion out there.
    Never understood the hate for this company. If it really will fold, there are also people’s lives at stake and their families will be effected.

  14. art123guy says:

    Hennessy is right. I never got why everyone wanted/wants TNA to fail. Wrestling was at its best when there were 2 big companies competing against each other and offering fans an alternative.

  15. ~J* says:

    nobody wants them to fail, we all wanted a viable alternative to wwe but c’mon they have morons running the place.

  16. Gene says:

    If she had any guts whatsoever, Dixie Carter would tell that geriatric dinosaur two words or better yet call up Vinnie Mac and have him do it.

  17. Denis says:

    If TNA folds then the WWE product with continue to decline because there will be no competition for Vince. WWE was at its best when it battled WCW for top dog position. Maybe TNA needs to work on some kind of agreement with Ring of Honor and cross promote. Maybe they need to get rid of Hogan and Bischoff. Maybe they need to get Jim Cornette back since Paul Heyman isn’t available. Say what you will about Cornette, but he knows how to book a “wrestling” promotion.

  18. DBRude says:

    Damn it, Dixie! What did we say about Hogan and Bischoff?

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