TNA is Losing Money

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Since leaving Universal Studios in Orlando, FL and taking Impact on the road, the cost of taping Impact skyrocketed to $600,000 per taping. The increased cost of taping Impact with no increase in ratings and revenue has caused the company significant financial problems. According to the Wrestling Observer Newsletter, Hulk Hogan and Eric Bischoff pushed the idea of moving Impact out of Universal Studios as a necessary game changer. TNA President Dixie Carter had stated that the move out of Orlando put the future of the company at risk. But there has been no increase in revenue to offset the added expense, and ratings have actually declined.

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Recently TNA has released Crimson, Matt Morgan, DLo Brown, DoC, Taelor Hendrix, Tara, Christian York, Alex Silva, Madison Rayne, Joey ryan, whose combined salaries are less than the cost of 2 TV tapings.

Source: http://ninjashoes.net/forum/showthread.php?81275-TNA-is-Losing-Money&goto=newpost

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