joseph2112 Posted November 3, 2016 Share Posted November 3, 2016 Spoiler TNA--Un-fucking believable and Un-fucking killable. Link to comment Share on other sites More sharing options...
Curt McGirt Posted November 3, 2016 Share Posted November 3, 2016 Dixie is the arm and microchip. Somebody would have to take out a hit on her to end this fiasco once and for all. Link to comment Share on other sites More sharing options...
Matt D Posted November 3, 2016 Share Posted November 3, 2016 Did people really think Billy was going to get paid on time? Link to comment Share on other sites More sharing options...
hammerva Posted November 3, 2016 Share Posted November 3, 2016 On time? I doubt he gets fucking paid at all. 2 Link to comment Share on other sites More sharing options...
Gorman Posted November 3, 2016 Share Posted November 3, 2016 On 11/2/2016 at 9:05 AM, JohnnyJ said: They've invested in neon. That's how you know it's legit. I'm surprised they are using the ASWA initials, since there is already a promotion with that name in another part of Ohio. That's where I started, and Chris Harris and (more recently) Sawyer Fulton also came from that group. Link to comment Share on other sites More sharing options...
Gorman Posted November 3, 2016 Share Posted November 3, 2016 (edited) On 11/2/2016 at 9:05 AM, JohnnyJ said: Edited November 3, 2016 by Gorman Double post Link to comment Share on other sites More sharing options...
Ace Posted November 3, 2016 Share Posted November 3, 2016 14 minutes ago, Gorman said: I'm surprised they are using the ASWA initials, since there is already a promotion with that name in another part of Ohio. That's where I started, and Chris Harris and (more recently) Sawyer Fulton also came from that group. This isn't in Ohio. This is in England, isn't it? Link to comment Share on other sites More sharing options...
Nice Guy Eddie Posted November 3, 2016 Share Posted November 3, 2016 1 hour ago, RIPPA said: "Billy Corgan is no longer with the company" Ya don't say.... Where's the Nicolas Cage meme? 1 Link to comment Share on other sites More sharing options...
Technico Support Posted November 3, 2016 Share Posted November 3, 2016 44 minutes ago, Matt D said: Did people really think Billy was going to get paid on time? All "job creators" know that paying creditors, contractors, and anyone else listed in your AP is totally optional. Link to comment Share on other sites More sharing options...
RIPPA Posted November 3, 2016 Author Share Posted November 3, 2016 Quote By Mike Johnson on 2016-11-03 13:55:00 Just as TNA and Anthem Media issued a press release announcing that Anthem was effectively taking control of TNA via a new "credit relationship", a letter to TNA wrestlers and staff was sent by Dixie Carter, telling them that TNA has "concluded agreements" with Anthem for a "funding plan that will stabilize the company." In the letter Carter stated, "This is excellent news for all out shareholders in that it means, we, as a company, will continue to provide our fans with the best wrestling content on the planet." In her letter Carter also informed the staff and talent that Billy Corgan was no longer with the company, but provided no context to his exit. Obviously, given what Billy Corgan stated on Twitter, it's pretty clear to see he was effectively fired from his position as President and as of this writing has yet to be paid back. Five minutes ago, the Chancery Court in Nashville confirmed to PWInsider.com that Corgan's previous lawsuit against the company remains open and has not been dismissed. In today's letter to talent and staff, Carter also stated that there would be changes to the company going forward. As noted in the press release Anthem and TNA issued, Carter will remain Chair of the company while the Board of Managers will add Anthem's Ed Nordholm as their representative. Carter praised Nordholm in the letter, stating he was "instrumental" in concluding agreement and the documents, which were signed today. Carter stated that Nordholm will represent the Board on all major "operating and restructuring agreements", which in corporate speak, pretty much means that he will be the force driving the company going forward. Carter appears to be remaining as a figurehead. PWInsider.com sources have indicated that representatives for Anthem have been in Nashville since Tuesday working on this deal. Carter told talents and staff in the letter that the company's organizational structure will otherwise remain the same, which appears to mean that, at least initially, Serg Salinas and Dean Broadhead will also remain on the Board of Managers. Carter noted that Anthem's other "sports property" ownings will benefit TNA and that Anthem's sales team will support the company in both the TV and digital ad markets. Carter also stated that Aroluxe Media, described in the letter as "also an equity stakeholder" will continue on as the production team overseeing TNA's shows in 2017. Carter's letter stated the next set of tapings would be in early January, confirming PWInsider's report several weeks back that they would be taping 1/5/17-1/10/17. Carter stated that the Board of Managers are continuing to "develop a longer-term business plan" for the company. Carter stated she is personally excited to have Anthem on board to utilize their experience as TNA plans for the future, noting, "With financial stability, we can focus on executing our near term objectives while planning a measured and thoughtful approach for the future." Carter also outlined some insight into that "thoughtful approach", stating Fight Network's strategy is to continue "expanding its distribution while developing strong relations with content creators" adding, "It is natural that they are keen to work more closely with us and support the company's growth alongside their own, on all platforms, and in all media." Carter told talent that both she and Nordholm would be available to them today for any questions as well as on an "ongoing" basis. Carter said she wanted to thank everyone personally for "your patience and support through this process" and closed out her letter by stating, "Over the years, we have built TNA and Impact Wrestling to be a very successful, global brand. You should all be excited for its future and be more determined than ever to work dilligently to take the company to the next level." For those wondering, TNA wrestlers received their latest scheduled checks earlier this week after they were due last week. Link to comment Share on other sites More sharing options...
RIPPA Posted November 3, 2016 Author Share Posted November 3, 2016 Quote You should all be excited for its future and be more determined than ever to work dilligently to take the company to the next level." She had the fucking nerve to tell the fucking wrestlers to work harder 16 Link to comment Share on other sites More sharing options...
twiztor Posted November 3, 2016 Share Posted November 3, 2016 this is the end of me caring about TNA until the next time they're on death's doorstep. talk to me in 6 months..... 3 Link to comment Share on other sites More sharing options...
Ultimo Necro Posted November 3, 2016 Share Posted November 3, 2016 Ohhh Nordholm, you better have a plan or Dixie will drain your bank account faster than you can say "Vince Russo head of creative" Link to comment Share on other sites More sharing options...
DreamBroken Posted November 3, 2016 Share Posted November 3, 2016 On the show, I really enjoyed Billy as an authority figure so that sucks to see him gone just like that. I guess Rockstar Spud will lose his Smashing Pumpkins theme music but I hope it doesn't affect other Corgan influences like Decay's Manson theme. Meanwhile, the Twitter War continues.. Link to comment Share on other sites More sharing options...
mattdangerously Posted November 3, 2016 Share Posted November 3, 2016 Wouldn't paying the loan back in a timely manner have been the most appropriate way of dealing with it? Can't blame Corgan for being salty. 2 Link to comment Share on other sites More sharing options...
DTTW Posted November 3, 2016 Share Posted November 3, 2016 If Dixie's letter states this new capital stabilized the company, and it's written down, shouldn't Corgan re-sue because that is exactly why he sued in the first place, they were fucked otherwise. Link to comment Share on other sites More sharing options...
Rev Ray Posted November 3, 2016 Share Posted November 3, 2016 If Billy still some how gets stock because they were late paying him do they do feuding tag partners angle except in the board room? 1 Link to comment Share on other sites More sharing options...
zev Posted November 3, 2016 Share Posted November 3, 2016 1 hour ago, Rev Ray said: If Billy still some how gets stock because they were late paying him do they do feuding tag partners angle except in the board room? Nah, they'll just roll out a tarp and have a brief rain delay before resuming the litigation. Link to comment Share on other sites More sharing options...
DTTW Posted November 4, 2016 Share Posted November 4, 2016 How amazing is it that everyone involved with this comes off looking like a bigger idiot? Link to comment Share on other sites More sharing options...
A Guy Named Tracy Posted November 4, 2016 Share Posted November 4, 2016 I can't help but think of the old Career Builder commercial after hearing the news of Anthem's involvement and the company's restructuring. Imagine the celebration going on in the merchandise warehouse right about now. 1 Link to comment Share on other sites More sharing options...
RIPPA Posted November 4, 2016 Author Share Posted November 4, 2016 Billy is on fire on Twitter again 3 Link to comment Share on other sites More sharing options...
NikoBaltimore Posted November 4, 2016 Share Posted November 4, 2016 Get 'em, Billy! Link to comment Share on other sites More sharing options...
Dolfan in NYC Posted November 4, 2016 Share Posted November 4, 2016 I'd say no one deserves this, but I still haven't forgiven Billy for Adore. I love this thread so much. 2 Link to comment Share on other sites More sharing options...
JohnnyJ Posted November 4, 2016 Share Posted November 4, 2016 All I can picture is some 90s alt-rock nerd who follows all of his faves on Twitter seeing this and having no idea what the hell is going on. My hope is this whole experience inspires Corgan and we can get the Smashing Pumpkins wrestling emo album we didn't know we desperately needed. 2 Link to comment Share on other sites More sharing options...
Michael Sweetser Posted November 4, 2016 Share Posted November 4, 2016 2 minutes ago, JohnnyJ said: My hope is this whole experience inspires Corgan and we can get the Smashing Pumpkins wrestling emo album we didn't know we desperately needed. I never knew I needed this in my life, and now I can't go on without it. Goddamn you to hell. 1 Link to comment Share on other sites More sharing options...
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