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Post by Porky's Butthole on Feb 9, 2018 12:11:09 GMT -5
I dunno, there's gotta be some Canadian rock star into wrestling that Anthem can exploit. How's Chad Kroeger been with his money? Maybe they can convince Neil Young to rewrite Ohio into a song about Impact/TNA/Vince's Next Acquisition... No backers and Callis' running you wrestlers are on your own The ship is sinking, and guys are jumping No cash in Orlando
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Post by Loser troll. Please ban me on Feb 9, 2018 12:20:51 GMT -5
Ed: "Oh you almost got your pay, You're gonna have to be quicker than that!"
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Dr. T is an alien
Patti Mayonnaise
Knows when to hold them, knows when to fold them
I've been found out!
Posts: 31,375
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Post by Dr. T is an alien on Feb 9, 2018 14:44:57 GMT -5
Legit, your post was the first thing I thought of when I saw this title. It doesn't matter who you put in charge of tna. You can bring back Eddie Graham and Fritz Von Erich from the death and they wouldn't be able to turn the company around because TNA operates on a failed business model. Here's why TNA will lose money every time they open the f***ing doors. 1. They run the shows in an amusement park and can't sell entrances so their live event gates have always been and will always be negative. 2. They have to split their ad revenue with Pop TV in a barter system. They already have a minuscule audience and the only get to keep half of what they get for ads practically nothing. Unless those two things get corrected it will always be a dumpster fire of a promotion. I would argue that someone who knows what the f*** they are doing could still make money with that model. Why? Well, your TV product should be advertising for your profitable ventures. I mean, sure, it would be nice if that made you money as well, but I'd wager that most promotions did not really make money on their TV shows historically. What should make money for TNA? Well, 3 things come to mind: 1) Live gate for road shows - TNA does these, but from when I last paid attention it was pretty obvious that they had no idea how to do that well. They did not promote well and the venues were less than optimal. 2) PPV sales - I don't watch wrestling anymore, so it should not surprise you that I kept up with TNA even less than WWE. Last I knew they stopped running PPVs altogether. I get their reasoning; they were losing money trying to run business like WWE. They should not be doing that as they have not been built for it. They were part of the NWA once and once business dropped they should have modeled themselves after old school promotions again. TNA would benefit from running seasonal PPVs, between 2-4 a year (not once a month). If you take your time to do slow burn to build to those shows you can make them must see events. What's more, you would be encouraged to feature some more transient indie acts to fill some of your air time that might appreciate the exposure. If that does not suit them because they don't have enough exposure themselves anymore, then pairing with another promotion to do some shared supercard PPVs might work better. 3) Merchandise sales, which only works when people are no worn out on your product. Again, slow burns help with that.
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Deleted
Deleted Member
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Post by Deleted on Feb 9, 2018 14:51:40 GMT -5
It doesn't matter who you put in charge of tna. You can bring back Eddie Graham and Fritz Von Erich from the death and they wouldn't be able to turn the company around because TNA operates on a failed business model. Here's why TNA will lose money every time they open the f***ing doors. 1. They run the shows in an amusement park and can't sell entrances so their live event gates have always been and will always be negative. 2. They have to split their ad revenue with Pop TV in a barter system. They already have a minuscule audience and the only get to keep half of what they get for ads practically nothing. Unless those two things get corrected it will always be a dumpster fire of a promotion. I would argue that someone who knows what the f*** they are doing could still make money with that model. Why? Well, your TV product should be advertising for your profitable ventures. I mean, sure, it would be nice if that made you money as well, but I'd wager that most promotions did not really make money on their TV shows historically. What should make money for TNA? Well, 3 things come to mind: 1) Live gate for road shows - TNA does these, but from when I last paid attention it was pretty obvious that they had no idea how to do that well. They did not promote well and the venues were less than optimal. 2) PPV sales - I don't watch wrestling anymore, so it should not surprise you that I kept up with TNA even less than WWE. Last I knew they stopped running PPVs altogether. I get their reasoning; they were losing money trying to run business like WWE. They should not be doing that as they have not been built for it. They were part of the NWA once and once business dropped they should have modeled themselves after old school promotions again. TNA would benefit from running seasonal PPVs, between 2-4 a year (not once a month). If you take your time to do slow burn to build to those shows you can make them must see events. What's more, you would be encouraged to feature some more transient indie acts to fill some of your air time that might appreciate the exposure. If that does not suit them because they don't have enough exposure themselves anymore, then pairing with another promotion to do some shared supercard PPVs might work better. 3) Merchandise sales, which only works when people are no worn out on your product. Again, slow burns help with that. TNA actually does run two PPVs a year - Bound for Glory and Slammiversary. Well, more counting the One Night Only shows, but those are just filler things they pretape for contractual obligations that only cost $10.
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MiLB Fan
Fry's dog Seymour
Posts: 20,410
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Post by MiLB Fan on Feb 9, 2018 14:52:30 GMT -5
I dunno, there's gotta be some Canadian rock star into wrestling that Anthem can exploit. How's Chad Kroeger been with his money? Maybe Alanis Morissette is a mark? Wouldn’t that be Ironic? You Oughta Know that she wouldn’t exactly be Head Over Feet at the prospect of investing in TNA. In fact, she would just was her Hands Clean of the whole idea. Don’t put her in charge of payroll, because all of the wrestlers’ checks would remain Unsent. And when she realizes what a colossal mistake getting involved with TNA was, she’ll just put her Hand in [Her] Pocket and say, “well, You Learn.”
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Post by 2coldMack is even more baffled on Feb 9, 2018 14:52:55 GMT -5
It doesn't matter who you put in charge of tna. You can bring back Eddie Graham and Fritz Von Erich from the death and they wouldn't be able to turn the company around because TNA operates on a failed business model. Here's why TNA will lose money every time they open the f***ing doors. 1. They run the shows in an amusement park and can't sell entrances so their live event gates have always been and will always be negative. 2. They have to split their ad revenue with Pop TV in a barter system. They already have a minuscule audience and the only get to keep half of what they get for ads practically nothing. Unless those two things get corrected it will always be a dumpster fire of a promotion. I would argue that someone who knows what the f*** they are doing could still make money with that model. Why? Well, your TV product should be advertising for your profitable ventures. I mean, sure, it would be nice if that made you money as well, but I'd wager that most promotions did not really make money on their TV shows historically. What should make money for TNA? Well, 3 things come to mind: 1) Live gate for road shows - TNA does these, but from when I last paid attention it was pretty obvious that they had no idea how to do that well. They did not promote well and the venues were less than optimal. 2) PPV sales - I don't watch wrestling anymore, so it should not surprise you that I kept up with TNA even less than WWE. Last I knew they stopped running PPVs altogether. I get their reasoning; they were losing money trying to run business like WWE. They should not be doing that as they have not been built for it. They were part of the NWA once and once business dropped they should have modeled themselves after old school promotions again. TNA would benefit from running seasonal PPVs, between 2-4 a year (not once a month). If you take your time to do slow burn to build to those shows you can make them must see events. What's more, you would be encouraged to feature some more transient indie acts to fill some of your air time that might appreciate the exposure. If that does not suit them because they don't have enough exposure themselves anymore, then pairing with another promotion to do some shared supercard PPVs might work better. 3) Merchandise sales, which only works when people are no worn out on your product. Again, slow burns help with that. Actually, back in the day, regional promotions used to make pretty good bank on the local tv shows, because local affiliates would pay the promotion for the tapes because the ratings were always dependably solid for advertisers. It was WWF who poisoned that well when Vince undercut the local promotions by paying affiliates to air his show over the local guys.
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Post by eJm on Feb 9, 2018 14:56:39 GMT -5
Pssst, he’s booked for various shows in the UK including ICW, arguably the biggest in the country. I know we have narratives to keep up with (like the really bizarre “How dare Storm take the money he was payed in full on time by TNA over a lesser NXT contract?!” one) but, you know, some of this stuff isn’t that hard to find. On this...I don’t know, to point the finger at one person seems bizarre to me because it’d be like blaming Jason Rubin for what happened with THQ even though he was the boss in its last years. Sure, there were problems but expecting him to be the guy to turn around systemeteic problems in the organisation for YEARS is ridiculous (and also Rubin was there to try and right the ship for a acquisition that never happened but anyway). That’s not to justify the bad stuff going on there right now but if people expected a company henmoraging money and to have problems paying people on time to suddenly turn around because of new bosses...well, I don’t know what to tell you. That isn’t how this stuff works. And are we really doing the thing where we just slag the people on top as un-credible hacks when we all know that D’Amore can go back to booking his successful indie fed and Callis regularly goes back to NJPW so would have no problems if Anthem decides to fire them both? Come on. JAMES STORM IS BOOKED IN ICW? I thought they had standards, granted they used Grado a lot, but still Drew Galloway made him look like a champion... They book Bram and have for about a year or so. So their standards aren’t that high. (Also Grado was mega over so eh, I’d have gone the same route)
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Post by OVO 40 hunched over like he 80 on Feb 9, 2018 15:14:18 GMT -5
It doesn't matter who you put in charge of tna. You can bring back Eddie Graham and Fritz Von Erich from the death and they wouldn't be able to turn the company around because TNA operates on a failed business model. Here's why TNA will lose money every time they open the f***ing doors. 1. They run the shows in an amusement park and can't sell entrances so their live event gates have always been and will always be negative. 2. They have to split their ad revenue with Pop TV in a barter system. They already have a minuscule audience and the only get to keep half of what they get for ads practically nothing. Unless those two things get corrected it will always be a dumpster fire of a promotion. I would argue that someone who knows what the f*** they are doing could still make money with that model. Why? Well, your TV product should be advertising for your profitable ventures. I mean, sure, it would be nice if that made you money as well, but I'd wager that most promotions did not really make money on their TV shows historically. What should make money for TNA? Well, 3 things come to mind: 1) Live gate for road shows - TNA does these, but from when I last paid attention it was pretty obvious that they had no idea how to do that well. They did not promote well and the venues were less than optimal. 2) PPV sales - I don't watch wrestling anymore, so it should not surprise you that I kept up with TNA even less than WWE. Last I knew they stopped running PPVs altogether. I get their reasoning; they were losing money trying to run business like WWE. They should not be doing that as they have not been built for it. They were part of the NWA once and once business dropped they should have modeled themselves after old school promotions again. TNA would benefit from running seasonal PPVs, between 2-4 a year (not once a month). If you take your time to do slow burn to build to those shows you can make them must see events. What's more, you would be encouraged to feature some more transient indie acts to fill some of your air time that might appreciate the exposure. If that does not suit them because they don't have enough exposure themselves anymore, then pairing with another promotion to do some shared supercard PPVs might work better. 3) Merchandise sales, which only works when people are no worn out on your product. Again, slow burns help with that. That's the problem leadership never knew what the f*** they were doing. Regarding your arguments. 1. TNA stopped running live events because they were only drawing a hundred people on a good day. Your idea is good the problem is that TNA never advertised, this despite Dixie going to college for fn advertising and running an ad agency before buying tna. 2. PPVs. You're right they stopped doing ppvs because they lost money every night they broadcasted one. The only exceptions were Genesis 06 and Lockdown 08, both main evented by Joe vs Angle. 3. Merch sales. This avenue is beyond dead, it's rotten and eaten by worms. Their merch store online closed and their shirts are sold through ProWrestling Tees, Colt Cabana's shirt company. I don't think they're selling any more tna shirts at present time.
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Post by OVO 40 hunched over like he 80 on Feb 9, 2018 15:15:39 GMT -5
JAMES STORM IS BOOKED IN ICW? I thought they had standards, granted they used Grado a lot, but still Drew Galloway made him look like a champion... They book Bram and have for about a year or so. So their standards aren’t that high. (Also Grado was mega over so eh, I’d have gone the same route) I'm probably mistaken but I think ICW and other U.K. Indies stopped booking Bram after the outcry.
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Post by eJm on Feb 9, 2018 15:18:44 GMT -5
They book Bram and have for about a year or so. So their standards aren’t that high. (Also Grado was mega over so eh, I’d have gone the same route) I'm probably mistaken but I think ICW and other U.K. Indies stopped booking Bram after the outcry.
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Post by OVO 40 hunched over like he 80 on Feb 9, 2018 15:29:41 GMT -5
I'm probably mistaken but I think ICW and other U.K. Indies stopped booking Bram after the outcry. Whoa. That hurts. They actually empowered an abuser. He confessed to almost killing that woman. I hope ICW goes bankrupt.
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Shark
Hank Scorpio
The world's only Samurai Ninja Pirate
Posts: 7,045
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Post by Shark on Feb 9, 2018 15:29:49 GMT -5
The real problem with Impact making money is that they have a fanbase that refuses to pay for anything. They don't buy merchandise, they don't pay to attend the shows. Some probably figured out how to get comped tickets. They don;t buy the PPVs, even brag about streaming them for free. It's impossible to make money when your fans refuse to spend money on it.
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lionheart21
Patti Mayonnaise
Once did a thing...
Posts: 30,697
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Post by lionheart21 on Feb 9, 2018 16:35:21 GMT -5
I'm probably mistaken but I think ICW and other U.K. Indies stopped booking Bram after the outcry. I like you, ICW, but this...not cool.
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Post by eJm on Feb 9, 2018 16:39:28 GMT -5
I like you, ICW, but this...not cool. Like I said, he’s been there for a while. I think it’s one of the two promotions he actually is booked at now seeing as nowhere else in the country really. Not justifying it, mind you, but it’s the reason why I only follow ICW from a distance rather than wonder why I’m not at the show rather than anywhere else. It’s the “Hey cool, people get to make money” rather than “WHY AREN’T I SEEING LEE/ISHII 2 IN LONDON?!”
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lionheart21
Patti Mayonnaise
Once did a thing...
Posts: 30,697
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Post by lionheart21 on Feb 9, 2018 16:40:24 GMT -5
I don't get how they can still be having these issues, especially since they just lost guys like Lashley and EC3, both of which I'm sure were making good money, at least by TNA's standards, so you'd think that would free up funding there.
Although they still do have Patron under contract, and there's no doubt that he's commanding the highest salary, so that could have something to do with it.
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Post by OVO 40 hunched over like he 80 on Feb 9, 2018 17:19:58 GMT -5
I don't get how they can still be having these issues, especially since they just lost guys like Lashley and EC3, both of which I'm sure were making good money, at least by TNA's standards, so you'd think that would free up funding there. Although they still do have Patron under contract, and there's no doubt that he's commanding the highest salary, so that could have something to do with it. Is Alberto still there? Lol I thought he left or something. Regarding your first question I think the issue here is that TNA bleeds money every time they open the doors. They even had to pay extras to attend the Canada shows as fans, that tells you how bad the gate was.
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Post by Natural Born Farmer on Feb 9, 2018 18:18:57 GMT -5
I’m taking an entry level accounting class and I’m pretty sure I’m already more competent at maintaining a positive balance sheet than anyone at TNA.
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Post by Alice Syndrome on Feb 10, 2018 20:49:13 GMT -5
They book Bram and have for about a year or so. So their standards aren’t that high. (Also Grado was mega over so eh, I’d have gone the same route) I'm probably mistaken but I think ICW and other U.K. Indies stopped booking Bram after the outcry. Nope. I called out in the Britwres thread that some Liverpool Indy the other week actually announced him on the day of the show so it was too late to refund or sell on tickets.
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Post by OVO 40 hunched over like he 80 on Feb 10, 2018 20:55:51 GMT -5
I'm probably mistaken but I think ICW and other U.K. Indies stopped booking Bram after the outcry. Nope. I called out in the Britwres thread that some Liverpool Indy the other week actually announced him on the day of the show so it was too late to refund or sell on tickets. I'm extremely disappointed in ICW. This goes beyond allegations. There was a police report and Bram even confessed to trying to choke her.
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Deleted
Deleted Member
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Post by Deleted on Feb 10, 2018 21:20:27 GMT -5
At this point I can run TNA better than them I read this as “I can ruin TNA better than them” and thought there’s no way, dude.
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