TNA wrestling promotion is probably heading towards a bankrupt condition since lawsuits are looming above their heads, day by day. The owner of the company, Dixie Carter is trying with whatever she can to control the situation, but it is not going to be enough.
The quarrels between the top cornerstones of the company have begun and it is very difficult for the company to continue with their TV taping. In fact, the interstate is so bad that TNA president, Billy Corgan has filed a lawsuit against Dixie carter and her husband. Since the day Corgan was made the president of the company, he has done his very best to some up with new ideas.
He is the one behind the popular gimmicks of Broken Matt Hardy, The Decay and wants to serve even more by claiming his whole stakes in the company. Apparently, the bid to own the company from Dixie but she is not ready to handover despite the fact that she has burnt the company into the ground.
So, Corgan has no choice but to file the lawsuit. Reports suggest that the rift has been started from the Bound of Glory PPV day. In addition, there are a number of wrestlers who are unhappy for not getting payment. If TNA is not able to satisfy their demands then they will declare themselves as free agents. Most of them are willing to have a WWE contract. Dave Meltzer noted that the upcoming situation will be very interesting to see.
Now, that’s not all with the problems. The company might be suffering from an additional problem with music rights. The theme song of the Miracle, Mike Bennett has not played during recent tapings for the same reason. The broadcast partner, Pop TV has already said that they will be stop televising the TNA wrestling programs if the music right issue is not solved. The audience and the viewership for TNA TV have hit a record low, this past week. Keep an eye here for more updates.
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