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Dude from smashing pumpings trying be majority owner of tna but Sinclair broadcast group, which owns ROH and even WWE inquired about purchasing tna according to this nypost article

Smashing Pumpkins’ Billy Corgan wants to be the new front man for a pro wrestling group.

Corgan is in talks to become the majority owner of cash-strapped Impact Ventures, the producer of pay-per-view TNA and Impact Wrestling, which also

His transition from rock star to wrestling impresario may not be as crazy as everybody thinks.

“There’s a rebel spirit in wrestling that has gone out of rock ‘n’ roll,” he told The Post.

Corgan, whose band has sold more than 30 million albums, joined Impact as a senior producer in May 2015. He upped his commitment last August by investing in the company and becoming its president.

On Oct. 2, the night of Impact’s banner pay-per-view event, “Bound for Glory,” he hopes to take that commitment to the max.

“I would love nothing better than to stand up in front of everyone and give a clear picture of where this company is and where it’s going,” he said.

While Corgan wants to make the presentation as Impact’s new majority owner, he admits there’s still “a lot of people at the table.”

WWE and Sinclair Broadcast Group, owner of the Ring of Honor wrestling organization, are rumored to have made recent bids.

A complicated ownership structure also poses challenges in getting every stakeholder on the same page. In addition to majority owner and Chairwoman Dixie Carter, Corgan, Aroluxe Marketing and Canada’s Fight Network all have equity stakes.

Meanwhile, the Nashville, Tenn.-based company is so financially strapped that investor and working-capital provider Aroluxe has reportedly taken over its “TNA” (Total Nonstop Action) trademark.

Corgan says the relevant parties have agreed on a sale price. Although he can’t reveal the figure, an estimate based on publicly traded WWE’s market value of two times revenue would put it at around $40 million.

“You ultimately have to rely on your own calculus about what something is worth,” he said.

Ultimate Fighting Championship’s $4 billion sale to entertainment and sports talent agency WME-IMG factored into his math.

“After signing up MLB, the NBA and soccer, who do you call?” he said.

Corgan believes wrestling is under-appreciated in the digital era, particularly in light of its being a driver of traditional TV from the beginning.

“Our providing story lines in people’s lives is overlooked,” he said. “So is the multicultural aspect of wrestling as a perfect sell to advertisers.”

Corgan plans to use his celebrity to change that.

“I can get anyone I want to listen to my vision,” he said.
 
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TNA sale rumors have been going around all year, and now the craziest rumor yet has hit the internet. The New York Post is running a story about Billy Corgan’s involvement with TNA, and in the article it’s mentioned that both WWE and ROH are rumored to have made recent bids to purchase the company.

It’s not hard to see why WWE would want to purchase TNA. The company has an extensive tape library, and WWE has had a lot of success with former TNA talents as of late. Former TNA stars such as AJ Styles, Samoa Joe, Bobby Roode, TJ Perkins and others are all flourishing under the WWE umbrella.

However, any rumors regarding WWE making a move to purchase TNA are unconfirmed, and should probably be taken with a grain of salt for now.

Back in 2011 Vince McMahon was asked by a WWE shareholder if he would ever purchase TNA, and he simply said “Maybe.”

You can check out a clip below.

According to Billy Corgan all of the relevant parties involved in the negotiations have agreed on a sale price, but he can’t disclose the number. The New York Post estimated TNA to be worth $40 million.

Billy Corgan recently posted a video on Facebook saying that he is actively engaged in trying to buy the company. He noted that he doesn’t know if he will end up as the one who purchases the company, but he hopes to make it possible. Corgan followed up a few days later with another video saying that he is the sole investor at the moment.

As far as ROH goes, it’s been rumored for months that ROH owners Sinclair Broadcasting have interested in purchasing the company. ROH COO commented on the rumors on an episode of Shotgun Wrestling Radio back in May and he said the following:

“You know, rumors are rumors and that’s exactly what they are. We’re in business, our business happens to be wrestling. We’re a company that is brought deals all the time, we have the resources to purchase, grow, and consolidate, I think there’s a natural assumption that Sinclair is going to buy every wrestling company that comes down the pike. When it happens and it’s true well know it’s true.”

In any case, it certainly sounds like the TNA sale negotiations are heating up
 
Joker_De_La_Muerta;9357518 said:
TNA sale rumors have been going around all year, and now the craziest rumor yet has hit the internet. The New York Post is running a story about Billy Corgan’s involvement with TNA, and in the article it’s mentioned that both WWE and ROH are rumored to have made recent bids to purchase the company.

It’s not hard to see why WWE would want to purchase TNA. The company has an extensive tape library, and WWE has had a lot of success with former TNA talents as of late. Former TNA stars such as AJ Styles, Samoa Joe, Bobby Roode, TJ Perkins and others are all flourishing under the WWE umbrella.

However, any rumors regarding WWE making a move to purchase TNA are unconfirmed, and should probably be taken with a grain of salt for now.

Back in 2011 Vince McMahon was asked by a WWE shareholder if he would ever purchase TNA, and he simply said “Maybe.”

You can check out a clip below.

According to Billy Corgan all of the relevant parties involved in the negotiations have agreed on a sale price, but he can’t disclose the number. The New York Post estimated TNA to be worth $40 million.

Billy Corgan recently posted a video on Facebook saying that he is actively engaged in trying to buy the company. He noted that he doesn’t know if he will end up as the one who purchases the company, but he hopes to make it possible. Corgan followed up a few days later with another video saying that he is the sole investor at the moment.



As far as ROH goes, it’s been rumored for months that ROH owners Sinclair Broadcasting have interested in purchasing the company. ROH COO commented on the rumors on an episode of Shotgun Wrestling Radio back in May and he said the following:

“You know, rumors are rumors and that’s exactly what they are. We’re in business, our business happens to be wrestling. We’re a company that is brought deals all the time, we have the resources to purchase, grow, and consolidate, I think there’s a natural assumption that Sinclair is going to buy every wrestling company that comes down the pike. When it happens and it’s true well know it’s true.”


In any case, it certainly sounds like the TNA sale negotiations are heating up

Sinclair is trash. ROH production values are damn near the same as they were before Sinclair bought them.

ROH is still running a fucking SYNDICATED program. Bruh WWF Superstars was syndicated. Velocity was syndicated. Hell even Main Event was syndicated.

This is ROH primary mode of programming by the way. Furthermore the gotdamn TV program falls behind on normal storylines all the time!!!

Fuck Sinclair! Either sell it to Vince now or sell TNA to Billy Corgan so Vince can end up with it cheaper in 5-7 years.
 
VIBE;9359877 said:
Perry Saturn interview


Man.....he moving like a drug addict but he might have something bad.

Remmeber the days watching Nitro and anytime it had something to do with Raven/Saturn I was locked in.
 
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Eva Marie’s suspension for the WWE Wellness Policy has officially ended today, however she may not be returning to WWE programming immediately.

While Eva was away from the company, she landed a role for the upcoming film ‘Inconceivable’ that stars Nicolas Cage. Filming for the movie kicks off sometime in October, so if she does return to the company, it would only be for a short while before she would take more time off. There is always the possibility that WWE just keeps her off until filming has wrapped up.
 
TonyDubbz;9360637 said:
dalyricalbandit;9360068 said:
Put the belt on chinny

Crazy thing is he a real independnt wrestler his name is Pretty jimmy in the indys

Lol can u imagine the pop son would get, have him win it on some fast count ala y2j even if he gets stripped shit would be goat have him feelin himself that he's the true wwe champ chinny screw job etc lol
 

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