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Post by CrazySting on Nov 30, 2007 16:53:59 GMT -5
Their ppv numbers are still low, and I'm not sure what they get in terms of ad revenue for impact. So, I was wondering if they have.
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Post by plushtar on Nov 30, 2007 16:55:04 GMT -5
Businesses often lose money for several years before finding what is right for them. Be patient. Also, TNA does not publicly release their earnings, so everything you read in this thread will be hearsay.
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Post by CrazySting on Nov 30, 2007 16:58:21 GMT -5
Businesses often lose money for several years before finding what is right for them. Be patient. Also, TNA does not publicly release their earnings, so everything you read in this thread will be hearsay. Well, TNA lost a lot. I think $1 million a month at one point. I'm sure they're breaking even now though at the very least.. |
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Deleted
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Post by Deleted on Nov 30, 2007 17:09:53 GMT -5
Businesses often lose money for several years before finding what is right for them. Be patient. Also, TNA does not publicly release their earnings, so everything you read in this thread will be hearsay. Well, TNA lost a lot. I think $1 million a month at one point. I'm sure they're breaking even now though at the very least.. Yeah, I imagine they're still losing some money, but not too much. It'll be a while before they start making a healthy profit, if they ever do. |
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comahan
Bill S. Preston, Esq.
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Post by comahan on Nov 30, 2007 17:14:39 GMT -5
No one knows. They could be losing a ton, they would be making a ton. No idea.
Nash said in his shoot that last he heard they were turning a small profit, but take that for what its worth.
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Post by HMARK Center on Nov 30, 2007 17:37:32 GMT -5
The last "official" word I ever heard about it was that, at some point last year, they had started to break even and turn a small profit.
Now, there's likely still a long ways to go before they make up for all the losses they had in their first few years, but that's the idea of trying to create a major company; if you have the revenue to do it, throw enough money out there to establish the brand, and then trust that, over time, it will become a wise investment.
I'm sure Panda wishes the turnabout would go faster, but I'm also sure they're just glad that the financial arrow is finally heading TOWARDS the black instead of away from it.
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Post by imnotbooked on Nov 30, 2007 20:22:01 GMT -5
No one knows. They could be losing a ton, they would be making a ton. No idea. Nash said in his shoot that last he heard they were turning a small profit, but take that for what its worth. I remember Nash sayin' that as well. It seemed to me that he was just tryin' to talk up the product that he was involved with at the moment. I may not watch TNA, but I'm sure as hell behind it. It's one more place for guys to work, so I'm totally down with that.... |
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Post by kickassforumguyme on Nov 30, 2007 22:27:39 GMT -5
They probably arent
Have you seen Don Wests insane deals?
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comahan
Bill S. Preston, Esq.
Posts: 17,899
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Post by comahan on Nov 30, 2007 22:39:01 GMT -5
They probably arent Have you seen Don Wests insane deals? Most of it is just bundles of old crap that they have extra of though. They actually apparently make a killing off of repackaging their old products in new deals. |
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Post by kickassforumguyme on Nov 30, 2007 22:45:19 GMT -5
They probably arent Have you seen Don Wests insane deals? Most of it is just bundles of old crap that they have extra of though. They actually apparently make a killing off of repackaging their old products in new deals. I was being sarcastic |
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Post by Kevin Hamilton on Nov 30, 2007 22:46:54 GMT -5
I would bet that they are making a lil bit of profit now. As long as they're not bleeding money, it's all good.
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Post by destrucity on Nov 30, 2007 23:50:03 GMT -5
Nash said in his shoot that last he heard they were turning a small profit, but take that for what its worth. Was that the interview with the $$$ chart that proved he was the highest grossing WWE Champion  |
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Post by Lenny: Smooth like Keith Stone on Dec 1, 2007 0:16:05 GMT -5
If they want to turn a profit, they seriously just need to give Petey Williams a drunken pirate gimmick. That always seemed obvious to me anyway.
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Post by robferatu on Dec 1, 2007 2:48:15 GMT -5
I would assume they are in the same situation that WCW was in during the early nineties, losing between 3-5 million a year or so, which isn't terribly bad considering the shape WCW was in at the end of 2000, losing 65 million in one year.
I think if they haven't broke even, within the next year or so they may, and then start turning a profit.
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GiantGonzales
AC Slater
...Hailing from WCW Special Forces
Posts: 231
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Post by GiantGonzales on Dec 1, 2007 14:21:41 GMT -5
I seem to recall an interview by either Dixie Carter or some other board member of TNA LLC. stating they expected to turn a profit this year, however this was prior to them signing Booker T so that may have affected their quarterly results in the short term.
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Boku AKA Da Green Guy
El Dandy
WC's Resident Pirate Otaku and Official Scapegoat
Always and Forever, Hurricane.
Posts: 8,371
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Post by Boku AKA Da Green Guy on Dec 1, 2007 15:12:23 GMT -5
I wouldn't believe a word from Dixie Carter's mouth.
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Post by HMARK Center on Dec 1, 2007 15:54:27 GMT -5
I wouldn't believe a word from Dixie Carter's mouth. Why not? It's one thing for a company's owner to be "rah rah" and gloss over some negative aspects of your product, it's another thing to blatantly lie about your financial situation. |
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Boku AKA Da Green Guy
El Dandy
WC's Resident Pirate Otaku and Official Scapegoat
Always and Forever, Hurricane.
Posts: 8,371
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Post by Boku AKA Da Green Guy on Dec 1, 2007 16:15:01 GMT -5
She's said a few things that were pure B.S. and it soured me on her.
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EJS
Bill S. Preston, Esq.
Posts: 18,857
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Post by EJS on Dec 1, 2007 16:28:35 GMT -5
I wouldn't be too surprised if they were, they run a hell of a lot more house shows now than they did even a year ago, they have a better TV slot, they've got decent DVD distribution and are selling their name to more things for merchandising (such as that dvd board game that's coming out soon).
Though I don't know if all that outweighs the combined salary of Angle, Sting, and Booker.
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Post by CrazySting on Dec 1, 2007 17:31:07 GMT -5
Spike paid for a lot of sting's contract. I don't know about Angle.
I don't actually know if Booker got a big money contract. They aren't booking him in the main event, and he seems more like a upper mid carder now.
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