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Post by Bazzy on Feb 24, 2007 21:55:49 GMT -5
First off , I am a TNA fan . I have read a story (Powerslam magazine) since TNA began , its run up debts of $25 million . How does it keep going ? . Can it survive much longer ?
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Post by steelthunder814 on Feb 24, 2007 22:07:04 GMT -5
theres an easy way to solve this
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Post by Knapik on Feb 25, 2007 0:39:39 GMT -5
I honestly thought it'd be more than that!
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Post by JamieOD on Feb 25, 2007 5:48:46 GMT -5
I think what they were trying to say was that the company that owns TNA has already put in $25 million to keep the company alive and they have yet to regain that amount in profits. So the company that owns TNA isn't in debt but it has spent a lot to keep TNA alive.
BTW steelthunder814, where do you get those NFL images?
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Post by steelthunder814 on Feb 25, 2007 9:02:19 GMT -5
my idea to bring them outta debt was to have Christy Hemme mud wrestle...anyhoo Jamie talk to Jester...he's the one that got me hooked up
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Post by LWPD on Feb 25, 2007 10:10:46 GMT -5
First off , I am a TNA fan . I have read a story (Powerslam magazine) since TNA began , its run up debts of $25 million . How does it keep going ? . Can it survive much longer ? ST...if you do some digging this has been covered pretty extensively in past threads. Long story short it logically 'shouldn't' exist because the costs of running a national promotion are untenable to the ROI. Yet as long as TNA can retain the Spike TV spot where they get free weekly air time in exchange for ad revenue and providing original content...there will probably always be a money mark willing to fund it....even if/when Panda Energy pulls out. |
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Post by offspring515 on Feb 25, 2007 12:40:29 GMT -5
Maybe someone with more knowledge on the situation can help me here, but I seem to remember reading that Panda Energy sees TNA as a good way to get a tax break of some sort and that's why they are willing to sink so much into it.
Anyone have any info on that, or is that just internet speculation?
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