TNA President Billy Corgan Talks Trying To Buy TNA Impact Wrestling & Uncertainty Regarding It’s Future

Source: Busted Open  and WrestlingINC

TNA President and Smashing Pumpkins frontman Billy Corgan joined Busted Open with Doug Mortman and Larry Dallas and talked about trying to buy TNA Impact Wrestling, their relationship with PopTV and if the Bound For Glory will get on the air this weekend.

Corgan noted that he’s been trying to acquire a majority share of TNA. He said that the company has had a “for sale” sign for a long time, saying it could be argued that it’s had a “‘for sale’ sign it’s entire existence.” He said that he got involved when the company was having some issues and went on to take a bigger role over the past six months. He said that he wants to provide more details about why he’s doing what he’s doing, but he has legal obligations to not talk about things that would paint him in a more favorable light or to shed light on the complications of the issues at hand.

Corgan said that right now there are a lot of people at the table looking at the company.

“It’s reached a point where it’s going to have a transformational moment,” Corgan said. “Whatever’s going to happen this week or this weekend or whatever, is going to for sure – and this is not a wrestling angle – it is definitely going to change the direction of the company forever. Does that mean the company ends, does that mean the company begins a new era? Obviously I am very much on the side and very much invested that the company would continue.”

Corgan asked fans to consider all the talent that work for the company and the people who work behind the scenes whose futures are hanging in the balance. He said he’s working very hard to acquire a majority share of the company and to keep the company going forward to keep everybody working.

Corgan was asked what Pop TV’s commitment is to a new ownership group if he were to take over the company. Corgan said that while he was working on a new album in Los Angeles, he met with the President of Pop TV and the new Vice President of Programming of Pop TV, who gave him a very strong show of support of the company going forward under him. Corgan said that Pop TV are pleased with TNA’s growth and the social media reaction to the product.

As for whether Bound For Glory will happen this Sunday as scheduled, Corgan would not give a definitive yes, although he said that he was optimistic that a solution will get worked out by then. Corgan said that he had to step in at the “literally the last minute” for the last three rounds of tapings, so he’s used to being in this situation. He said that ultimately it’s not up to him, but he’s done everything he can to create a scenario to go forward. He said that he’s been the financer, and that he has no investors, so he’s committed and charging forward on his own initiative.

“Having been through this the last three rounds, I still remain very optimistic that come Sunday I will be standing in the ring putting over what’s about to happen,” Corgan said. “I will be in Orlando come rain or shine. I can’t speak for everybody else at this particular moment, but I will be in Orlando this Sunday.”

Cody Rhodes To Arrive In TNA At Bound For Glory (video)

Last night Cody Rhodes made his TNA Impact Wrestling TV debut in the promo video  below in which he says he will be at the TNA Bound for Glory pay-per-view on Sunday October 2.

WWE PPV Vs. TNA PPV In September

Source: WrestlingINC

The 2016 WWE Backlash pay-per-view will take place on September 11th from the Richmond Coliseum in Richmond, VA. Tickets go on sale via Ticketmaster pre-sale on Wednesday, July 27th. This is the same day TNA has their Bound For Glory pay-per-view scheduled.

Spoiling the Wrestling Fun

WrestleMania has been coined as a “global phenomenon”. The biggest pay per view event of the year is the WWE equivalent to the Super Bowl. Other companies strive to find their answer to the wrestling juggernaut’s annual super event. TNA’s Bound for Glory has been the WrestleMania of Impact Wrestling and while TNA is a smaller company, it is always able to serve as an alternative for WWE programming.

While Bound for Glory has historically remained in the United States, on October 12th, BFG is going overseas. Is it to the ever-popular United Kingdom? No. For the first time ever, BFG leaves the states for Tokyo, Japan. For years, Japan has been one of the most popular countries for showcasing pro wrestling talent. With companies such as New Japan Pro Wrestling and Japanese stars in TNA such as Sanada and the inclusion of stars such as The Great Muta and Tajiri, BFG looks to pay homage to the nation that has welcomed and supported pro wrestling with open arms. However, there is another side to the story. With the show airing at 7:30pm eastern, that would be 8:30am Tokyo time, TNA’s flagship pay per view won’t be live but rather on a taped delay for the United States. While it’s great to see TNA’s popularity reaches a global audience, what will be the reaction that Monday morning?

It’s one thing to leave the country, but for the biggest event of the year, especially when other PPVs have transformed into free events on Spike TV, is having a pay per view that’s in another country a smart decision, showcasing other cultures and TNA’s popularity, or will it be infested with complaints of rabid spoilers?

With multiple episodes of TNA being taped weeks in advance, one must be careful looking up any TNA information if they wish to avoid spoilers, especially in the age of social media and the “instant gratification” generation. While some may avoid TNA outside of television altogether to avoid spoilers, millennials help push a show’s popularity with fandoms and social media buzz. If people avoid social media to avoid spoilers, how can something like TNA reach a level of popularity to compete with any competition? Spoilers take away the surprise and joy of seeing something unfold, and with BFG being taped delayed, there’s a higher risk of being spoiled. While it’s best to avoid social media before the event airs, is this a risk of losing a part of the fan base or an alternative to how social media increases for, say, the WWE before a PPV (albeit live) such as WrestleMania?

On the other side of the coin, TNA spoiled their own product by announcing that Bully Ray actually did slam Dixie Carter through a table and it would air the next week. While some were turned off by the spoiler, others heard about the actions and flocked to Spike TV that next week. While some may look at it as an old way of thinking by wanting to avoid spoilers, maybe there’s still a strong desire to avoid spoilers. While both have been seen amongst fans, time will truly tell which way of presenting information and “spoilers” will thrive in the social media age.

With Bound for Glory in Japan, it should be an exhilarating event for the ages. However, will the threat of spoilers hurt buzz about the show, or encourage more to tune in and watch? We’ll have to wait and see.

-Celine

TNA Makes Big Bound For Glory Announcement

TNA ENTERTAINMENT, LLC IMPACT WRESTLING LOGO

 

TNA President Dixie Carter & Wrestle-1’s The Great Muta announced at a press conference in New York City that the Bound For Glory pay-per-view will be held in Tokyo, Japan at Korakuen Hall on Sunday, October 12th.

 

 

 

Hulk Hogan TNA Status Update

Hulk Hogan

Hulk Hogan is no longer being advertised to appear at TNA’s Bound For Glory. Hogan is still a free agent. Hogan was expected to meet with TNA President Dixie Carter this week, no word on if he has.

Hulk Hogan To Appear At Bound For Glory

Hulk HoganTNA Wrestling is still listing Hulk Hogan as one of the stars expected to appear at Bound For Glory this Sunday. Reports are that TNA apparently offered Hogan more money than WWE did.

Footage From The TNA Hall Of Fame Ceremony

Published on Oct 15, 2012 by TNAwrestling
Footage from the Hall of Fame ceremony featuring the induction of “The Icon” Sting during “Bound For Glory” 2012 weekend in Phoenix, Arizona

List of Winners From “Bound For Glory”

TNA X Division Title Match: Zema Ion vs. Rob Van Dam

RVD is the new X Division Champion 

 

TNA Television Title Match: Magnus vs. Samoa Joe

Samoa Joe holds on to the Television Title

 

Street Fight: James Storm vs. Bobby Roode

James Storm wins the Street Fight

 

Joey Ryan vs. Al Snow (If Ryan wins he gets a TNA Contract)

With some outside interference from Matt Morgan, Joey Ryan wins and gets a TNA Contract

 

TNA Tag Team Title Match: Kurt Angle & AJ Styles vs. Chavo Guerrero & Hernandez vs. Kazarian & Daniels

New Tag Team Champions Chavo Guerrero and Hernandez

 

TNA Knockouts Title Match: Tara vs. Miss Tessmacher

Tara wins and is the new Knockouts Champion

 

No DQ Match: Sting and Bully Ray vs. Aces & 8s

Aces & 8s win and now have access to TNA

** After match, Hogan hits ring and while Sting holds leader from Aces & 8s Hogan unmasks him and it is none other the Devon.

 

TNA World Heavyweight Title Match: Jeff Hardy vs. Austin Aries

Winner and New TNA World Heavyweight Champion is Jeff Hardy

 

More on Bound for Glory Monday at 12 noon eastern on DTRT Wrestling News Radio with Ed Boston.