TNA Production Crew threaten to walk out

[TOO SWEET]

TNA's Production Crew Reportedly Threatens to Walk Out During Last Week's Impact Tapings
By Marc Middleton
May 12, 2014 - 3:31:53 PM

- There were major concerns about money at this past week's set of TNA Impact Wrestling tapings in Orlando, specifically with the production crew.

People in production were upset about being behind on pay and it was said that if they weren't caught up on pay by a certain point, they were going to walk out in the middle of last week's sets of tapings.

These threats clearly made their way back to TNA management as checks were issued to people and everything cooled off. There was a 24-hour period where there was a lot of tension backstage. As noted earlier, money is tighter than ever right now for TNA.

Read more at www.lordsofpain.net/news/tna/TNA_s_Production_Crew_Reportedly_Threatens_to_Walk_Out_During_Last_Week_s_Impact_Tapings.html#BiC78LUOlTh1FIoo.99

Source: Lords Of Pain via PWInsider

link




I don't know the legitimacy of the website, but if they're normally a reputable source (and if this actually came from PWInsider), this is some really bad/scary news for the future of TNA.

EDIT: While I don't have a PWInsider Elite account, it appears that there is something on there that may be what this article is talking about. So that tends to lead to me thinking this may be true.

[Deleted]

I don't believe it. Panda is a massive, very wealthy company. Money is not an issue for TNA. Yes they have had to trim the fat quite a few times and it looks like they will be doing it a few more times as peoples contracts come up. But the "budget cutter" is just Dixie's parents trying to stop Dixie loosing so much money on TNA.

But I doubt anyone is missing a pay check..unless someone messed up and forgot to issue them. But that would be a one week thing.

[Mayonnaise]

May 12, 2014 21:12:12 GMT -5 @torgaddon said:

I don't believe it. Panda is a massive, very wealthy company. Money is not an issue for TNA. Yes they have had to trim the fat quite a few times and it looks like they will be doing it a few more times as peoples contracts come up. But the "budget cutter" is just Dixie's parents trying to stop Dixie loosing so much money on TNA.

But I doubt anyone is missing a pay check..unless someone messed up and forgot to issue them. But that would be a one week thing.

Panda is massive, TNA is not. TNA does not have the full resources of Panda Energy. Panda Energy is not backing TNA, they are running on their own. Plus we have seen money become a major issue for them not just in talent leaving but the massive scaling back of their entire company.

[Magic knows Black Lives Matter]

LMAO, how much could they possibly be paying these guys? TNA's production is freaking terrible.

[El Cokehead del Knife Fight]

May 12, 2014 21:12:12 GMT -5 @torgaddon said:

I don't believe it. Panda is a massive, very wealthy company. Money is not an issue for TNA. Yes they have had to trim the fat quite a few times and it looks like they will be doing it a few more times as peoples contracts come up. But the "budget cutter" is just Dixie's parents trying to stop Dixie loosing so much money on TNA.

But I doubt anyone is missing a pay check..unless someone messed up and forgot to issue them. But that would be a one week thing.

Panda Energy are only financial backers. They probably put in a set amount a month and TNA have burnt through that and can't pay production staff.

[Mozenrath]

May 12, 2014 22:21:23 GMT -5 Mayonnaise said:

May 12, 2014 21:12:12 GMT -5 @torgaddon said:

I don't believe it. Panda is a massive, very wealthy company. Money is not an issue for TNA. Yes they have had to trim the fat quite a few times and it looks like they will be doing it a few more times as peoples contracts come up. But the "budget cutter" is just Dixie's parents trying to stop Dixie loosing so much money on TNA.

But I doubt anyone is missing a pay check..unless someone messed up and forgot to issue them. But that would be a one week thing.

Panda is massive, TNA is not. TNA does not have the full resources of Panda Energy. Panda Energy is not backing TNA, they are running on their own. Plus we have seen money become a major issue for them not just in talent leaving but the massive scaling back of their entire company.

That, and late checks is not something new for them. This has happened before, just not in this precarious a position.

[wwefan71080]

Unfortunately it looks like TNA 2013-14 and ECW 2000 are alot alike as in not paying their talent and production crew on time. If this is true the countdown to the death of TNA could be beginning

[Heart Punch]

May 12, 2014 22:32:43 GMT -5 Mozenrath said:

May 12, 2014 22:21:23 GMT -5 Mayonnaise said:

Panda is massive, TNA is not. TNA does not have the full resources of Panda Energy. Panda Energy is not backing TNA, they are running on their own. Plus we have seen money become a major issue for them not just in talent leaving but the massive scaling back of their entire company.

That, and late checks is not something new for them. This has happened before, just not in this precarious a position.

For the last few years TNA has had problems paying vendors and other contractors. Dixie's mother has a very tight grip on the purse and only allots a certain amount that she can spend.There is also a cap on how much loss the Carters will allow TNA to have.So Dixie has to  try to budget the money she's given and what little profit she makes. With a non paying audience in Orlando and meager crowds in every arena they perform in,there's no way they'll ever get profitable enough to get out of this financial pit.Dixie's inept business attitude doesn't help either.

[Can you afford to pay me, Gah]

May 12, 2014 21:12:12 GMT -5 @torgaddon said:

I don't believe it. Panda is a massive, very wealthy company. Money is not an issue for TNA. Yes they have had to trim the fat quite a few times and it looks like they will be doing it a few more times as peoples contracts come up. But the "budget cutter" is just Dixie's parents trying to stop Dixie loosing so much money on TNA.

But I doubt anyone is missing a pay check..unless someone messed up and forgot to issue them. But that would be a one week thing.

That's why they low ball top talent so they end up leaving. No TNA was loaned money from Panda but don't have an endless resource to there bank. They are on now a very tight money situation and for a long time Panda was not making money from it and still haven't made good money. There's been several reports of talent getting paid little, or paid late. It's not someone who happened to forget too issue them. If that was really the case than that pretty unprofessional for a national wrestling company too do. This company also had help from Spike who seems too no longer help sign the top talent. Sting was mostly Spike TV footing the bill.They seen too no longer have a money investment in the company.

[MrBRulzOK]

May 12, 2014 22:24:57 GMT -5 Magic knows Black Lives Matter said:

LMAO, how much could they possibly be paying these guys? TNA's production is freaking terrible.

For every missed spot on TV, the person responsible gets a raise!

[Oh Cry Me a Screwball]

May 12, 2014 23:40:19 GMT -5 MrBRulzOK said:

May 12, 2014 22:24:57 GMT -5 Magic knows Black Lives Matter said:

LMAO, how much could they possibly be paying these guys? TNA's production is freaking terrible.

For every missed spot on TV, the person responsible gets a raise!

That ref at Sacrifice is now a millionaire.

[benstudd]

[Ash Kingston]

You know, I stopped watching WCW before it died (in part because TSN either stopped carrying it or would continuously jerk it around in time slots), so I never got to watch it slide into its grave. Being around to watch TNA inch closer and closer to it, occasionally making a big leap... it's surreal. I feel bad for the performers and crew still struggling to make it work, but not at all for the people behind the scenes driving this thing into the ground.

[wwotbh]

May 12, 2014 22:24:57 GMT -5 Magic knows Black Lives Matter said:

LMAO, how much could they possibly be paying these guys? TNA's production is freaking terrible.

Aren't they contracted to Bischoff's production company? And didn't he negotiate terms while still in power with TNA? How much they're paying for services rendered is a very good question.

["Gizzark" Mike Wronglevenay]

Maybe they should've got Paul Heyman to book for them after all.

[Deleted]

May 12, 2014 23:40:19 GMT -5 MrBRulzOK said:

May 12, 2014 22:24:57 GMT -5 Magic knows Black Lives Matter said:

LMAO, how much could they possibly be paying these guys? TNA's production is freaking terrible.

For every missed spot on TV, the person responsible gets a raise!

That explains how (according to Heyman who found out during his negotiation phase) TNA once lost 90 million in a month

[Urfarkendarf]

PWI mentioned this in one of their elite articles.

This feels like its going to be a slow death. They start by letting the headline talent walk and go to a more barebones roster, then ratings will plummet and attendance will go down even more.

I'll be surprised if this time next year TNA is still a viable thing.

[AtomSmasher]

They have 'paid production staff'

[Wolfman Rose]

And now, over to JBL with the TNA financial report



Thanks John.

[kevin]

May 13, 2014 15:02:55 GMT -5 AtomSmasher said:

They have 'paid production staff'

They don't need them, just bring back the X-Cam all X-Cam all the time.