Want more wrestling news, rumors, and results? Be sure to visit PWInsider.com and PWInsiderXtra.com.
For those who have asked, today's announcement that Billy Corgan is now the President of TNA's parent company, Impact Ventures, is 100% legitimate and is not some storyline deal. Impact Ventures is the parent company that was created after Panda Energy divested themselves of TNA and the company became a separate entity.
An official announcement was made today during a meeting with the TNA roster and staff in Orlando with Dixie Carter explaining the change and officially welcoming Corgan to his new post. Corgan received a huge round of applause when he was announced and spent about ten minutes discussing his hopes and strategy for the company.
There was a huge uptick in morale backstage after the announcement among those we've spoken with.
If you enjoy PWInsider.com you can check out the AD-FREE PWInsider Elite section, which features exclusive audio updates, news, our critically acclaimed podcasts, interviews and more by clicking here!
Bang On Casino
