For months we have heard rumors of both Sinclair Broadcasting and Aroluxe purchasing a controlling interest in the company. At last word the reason why Aroluxe actually didn't gain the power in the company is because they weren't able to come up with the capital in time to purchase the interest. Any fans who may not be aware of Sinclair's interest in the company well it has been said that the company is looking to repackage one of their channels and make pro-wrestling pretty much the center point of the channel. The biggest interest that Sinclair has in the company is the fact that they have international television deals in I believe India and the UK which is basically the best thing the company has going for them. This means that if either of these companies are able to purchase the company then they both will keep the company as a separate entity and as an active company.
I don't think that anyone needs me to elaborate on Billy Corgan or why he hopes to gain the controlling interest in the company. With that being said I will instead focus my attention on the other known interested party that being World Wrestling Entertainment. Now I know that most people see these words and think that this could be worst thing that'd happen. Though I will say this that I agree with that logic because if the WWE isn't going to keep TNA in business then I do believe it is the worst thing that could happen. As of this writing the WWE is interested in TNA for their tape library and considering they have brought in a good number of former TNA talent purchasing the tape library could be very beneficial to the company as far as making new content.
If you by chance saw a recent article on this subject and they mentioned that the evaluation for TNA puts the worth for the company at around 40 million dollars. I can honestly tell you that if you think TNA is worth that number you are sadly mistaking and there is in fact no possible way that Dixie would be able to get even half of that for TNA. The last thing I wanted to mention in this part is that WWE will likely only end up with the company if the company basically has to be given away which I honestly don't think will happen, so with that being said I think it is very unlikely that the WWE will purchase the company.
For more on this subject stay tuned as I will further elaborate on all other news in Part 2 which I will post next week sometime as I didn't really want to make this too long. Also I will give you my take on who I think the mystery company could be!!