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Post by Michael Coello on Mar 14, 2011 14:57:08 GMT -5
If TNA is such a bad business and ran so badly, why is it still here exactly? The rumours of massive losses stopped years ago, everyone agrees it pretty much either makes money or pays for itself. Yet its run by bad businessman? Not really logical is it. TNA, being a private company doesn't publish its accounts so we have no idea what its financial situation is. The fact that it still exists is because it still, somehow has a small but loyal fanbase and are 71% funded by Dixie's dad and his Panda Energy company. Business has never actually boomed for TNA. A steady increase in house show revenue and attendance, plus international contracts and touring schedules seems to show some kind of growth.
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@TenaciousBe
Hank Scorpio
Guess who's back... back again
Posts: 5,659
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Post by @TenaciousBe on Mar 14, 2011 15:05:26 GMT -5
For reference... here are the weekly ratings numbers for 2010:
And so far in 2011:
They're not WWE numbers, but they don't lie -- whatever they've been doing this first quarter of 2011 is gathering more viewers than they had in the 0.9-1.1 purgatory they've been in for the last few years. Whether it sustains is hard to see, as it seems they picked up a little momentum around this time last year as well. Maybe some crossover Mania hype? I guess time will tell, but to me it looks like they're in half-decent shape right now.
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Marvelously Mediocre
Fry's dog Seymour
Beggin' for a little SWAGGAH!
Haha. What a story Mark.
Posts: 21,224
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Post by Marvelously Mediocre on Mar 14, 2011 15:18:33 GMT -5
I don't see a huge increase this year. It's still mostly 1.1s and 1.2s with some 1.3s as always. They were up to 1.4s and 1.5s in October then blew their big angle. However these arguments are always used against TNA and not what the thread is about.
In any business if an employee turns up in the condition Jeff Hardy was in last night they'd be sent home at least. It's despicable that they let him go out like that and you could tell Sting was disgusted by it. When your PPV ends with own champion agreeing with the audience about something being bulls*** you know you've done something wrong.
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Sajoa Moe
Patti Mayonnaise
Did you get that thing I sent ya?
A man without gimmick.
Posts: 39,683
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Post by Sajoa Moe on Mar 14, 2011 15:32:34 GMT -5
I haven't watched since Karen Angle came back. Since it's gotten progressively worse, I don't think I'll bother for a while.
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dpg
Samurai Cop
Posts: 2,477
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Post by dpg on Mar 14, 2011 16:28:12 GMT -5
If TNA is such a bad business and ran so badly, why is it still here exactly? The rumours of massive losses stopped years ago, everyone agrees it pretty much either makes money or pays for itself. Yet its run by bad businessman? Not really logical is it. TNA, being a private company doesn't publish its accounts so we have no idea what its financial situation is. The fact that it still exists is because it still, somehow has a small but loyal fanbase and are 71% funded by Dixie's dad and his Panda Energy company. Business has never actually boomed for TNA. So how do we know they suck as businessman then? Live attendances are up, they do tours of the UK and europe that people flock to, ratings are up and they have more international tv deals than ever, but TNA suck at business?
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MrBRulzOK
Wade Wilson
Mr No-Pants Heathen
Something Witty Here.
Posts: 26,719
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Post by MrBRulzOK on Mar 14, 2011 16:35:12 GMT -5
You keep bringing it back to booking. It's not about booking it's about terrible businessmen running a terrible business and having no idea what they're doing. Say what you will about Vince and co. but they know how to run a wrestling company and I can guarantee you if any WWE performer showed up in that state they'd be told where to go (maybe not in the past but since 2005 they have tightened up the rules on drugs). TNA not only let Jeff Hardy keep showing up every week despite possibly ending up in prison but they give him the freaking world title and expect him to go out every month and not be off his face on drugs. This is twice now that it's happened and it makes TNA look ridiculously stupid and alienates its fans because god knows how many of the people who bought this show have been entirely turned off the product. Theres a reason TNA have never really had any success despite having huge names like Hulk Hogan, Kurt Angle and Sting. Because they are an awful business with idiots in charge that don't give a flying f*** about the health of their employees. Jeff Hardy should be immediately fired from his position because he has had chance after chance after chance with both WWE and TNA and has screwed up every single time. He deserves rehab and should never work in the wrestling business again. But TNA won't do that because they're totally stubborn. And if it is a work TNA deserves to die because, like Jeff Hardy, no matter how many chances it gets it will always screw up. If TNA is such a bad business and ran so badly, why is it still here exactly? The rumours of massive losses stopped years ago, everyone agrees it pretty much either makes money or pays for itself. Yet its run by bad businessman? Not really logical is it. Because they have both Spike TV and Panda Energy footing the bills, and even the latter recently had Dixie's mother assigned to keep track of their budget so they wouldn't spend as much money. Now I don't know about you, but I wouldn't assign such a thing to a company that happened to be profitable, would you?
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Celgress
Bill S. Preston, Esq.
The Superior One
Posts: 19,009
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Post by Celgress on Mar 14, 2011 16:37:11 GMT -5
.....Bottom line I am done with TNA so long, farewell Auf Weidersein, goodbye. See you for Lockdown.
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dpg
Samurai Cop
Posts: 2,477
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Post by dpg on Mar 14, 2011 16:41:55 GMT -5
If TNA is such a bad business and ran so badly, why is it still here exactly? The rumours of massive losses stopped years ago, everyone agrees it pretty much either makes money or pays for itself. Yet its run by bad businessman? Not really logical is it. Because they have both Spike TV and Panda Energy footing the bills, and even the latter recently had Dixie's mother assigned to keep track of their budget so they wouldn't spend as much money. Now I don't know about you, but I wouldn't assign such a thing to a company that happened to be profitable, would you? Why exactly? Spike help pay two wrestlers as far as I know, Angle and Sting, and that may have changed. As for Dixie's mother coming in, wasn't that a rumour as well? No-ones actually confirmed or denied it.
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Post by Kevin Hamilton on Mar 14, 2011 16:45:38 GMT -5
I only watch 'em on free tv anyway, ergo they don't really owe me anything; and I'll do pretty much what I always have, occasionally tune in and see if there's an interesting match or segment- if there's something to keep me interested, I'll stick around, if not I'll tune out that night.
That method works for me.
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MrBRulzOK
Wade Wilson
Mr No-Pants Heathen
Something Witty Here.
Posts: 26,719
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Post by MrBRulzOK on Mar 14, 2011 16:46:25 GMT -5
Because they have both Spike TV and Panda Energy footing the bills, and even the latter recently had Dixie's mother assigned to keep track of their budget so they wouldn't spend as much money. Now I don't know about you, but I wouldn't assign such a thing to a company that happened to be profitable, would you? Why exactly? Spike help pay two wrestlers as far as I know, Angle and Sting, and that may have changed. As for Dixie's mother coming in, wasn't that a rumour as well? No-ones actually confirmed or denied it. Well like you said, nobody has came out and denied it. Combine that with other factors such as those horrible house show numbers they used to pull, mostly due to a clear lack of advertising, the abysmal buyrate numbers they've been pulling for awhile now, numbers that don't even account for a full percent or two of their television audience, the reports about how well the Knockouts are paid in general, the fact they refuse to help pay for any wrestlers who get hurt on the job, but are willing to loan them the money... I'm not saying any of this is absolute, but when you combine all that evidence together than it does make that rumor just a little bit more believable. At least to me.
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dpg
Samurai Cop
Posts: 2,477
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Post by dpg on Mar 14, 2011 16:56:38 GMT -5
Why exactly? Spike help pay two wrestlers as far as I know, Angle and Sting, and that may have changed. As for Dixie's mother coming in, wasn't that a rumour as well? No-ones actually confirmed or denied it. Well like you said, nobody has came out and denied it. Combine that with other factors such as those horrible house show numbers they used to pull, mostly due to a clear lack of advertising, the abysmal buyrate numbers they've been pulling for awhile now, numbers that don't even account for a full percent or two of their television audience, the reports about how well the Knockouts are paid in general, the fact they refuse to help pay for any wrestlers who get hurt on the job, but are willing to loan them the money... I'm not saying any of this is absolute, but when you combine all that evidence together than it does make that rumor just a little bit more believable. At least to me. But what about the numbers they pull now? They get a lot more in then they used to to, frequently a few thousand. They have higher ratings than they used to. They have more international clearance, merchandise deals and the international tours sell well. If TNA came out and denied every rumour about then they'd never do anything else, no-one denies rumours unless they get into the mainstream press. Overall TNA's business is up, a lot. Not enough to make a huge profit, but enough to keep them from making a loss, perhaps.
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Post by donners on Mar 14, 2011 17:00:29 GMT -5
Enough to cover the cost of Hardy, Anderson, RVD, Bischoff, Hogan, Flair and co? I don't think a bump of a few percent in TV ratings would make that much of a difference, and there's no real indication of how they're going with merchandise or international TV deals (indeed, in Australia, they've actually lost a TV deal).
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Post by Thynny Fat Ass on Mar 14, 2011 17:06:28 GMT -5
In three months, Impact will start with Vince MacMahon on the screen saying he now owns TNA.
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dpg
Samurai Cop
Posts: 2,477
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Post by dpg on Mar 14, 2011 17:10:47 GMT -5
In three months, Impact will start with Vince MacMahon on the screen saying he now owns TNA.
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Madagascar Fred
El Dandy
TAFKA roidzilla and SUFFERIN' SUCCOTASH SON!
Posts: 8,784
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Post by Madagascar Fred on Mar 14, 2011 17:31:36 GMT -5
I'll still watch (see signature)!
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Post by forgottensinpwf on Mar 14, 2011 17:32:44 GMT -5
In three months, Impact will start with Vince MacMahon on the screen saying he now owns TNA. Then by the end of the night we'll see Sha... I mean Stephanie in a TNA ring.
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Mozenrath
FANatic
Foppery and Whim
Speedy Speed Boy
Posts: 121,280
Member is Online
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Post by Mozenrath on Mar 14, 2011 17:33:50 GMT -5
In three months, Impact will start with Vince MacMahon on the screen saying he now owns TNA. Then by the end of the night we'll see Sha... I mean Stephanie in a TNA ring. Or Bowser from Sha Na Na.
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Post by Michael Coello on Mar 14, 2011 17:46:28 GMT -5
Enough to cover the cost of Hardy, Anderson, RVD, Bischoff, Hogan, Flair and co? I don't think a bump of a few percent in TV ratings would make that much of a difference, and there's no real indication of how they're going with merchandise or international TV deals (indeed, in Australia, they've actually lost a TV deal). Considering the rumors figure was around 8 million for their TV here, along with similar deals in Mexico, the Uk, and most of Europe and Asia. If those deals are anywhere close to the one rumored for Spike, it could cover a lot of the contracts for those guys.
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Celgress
Bill S. Preston, Esq.
The Superior One
Posts: 19,009
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Post by Celgress on Mar 14, 2011 17:47:59 GMT -5
I mainly watch TNA for its' unintended perverse comedic value anyway, so I'm going nowhere.
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Post by Slingshot Suplay on Mar 14, 2011 17:53:23 GMT -5
In three months, Impact will start with Vince MacMahon on the screen saying he now owns TNA. If that ever happened, I would never watch wrestling ever again. Ever. Completely disown it, deny any knowledge of it.
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