PWInsider - WWE News, Wrestling News, WWE

 
 

HEAD OF ANTHEM MEDIA EXPLAINS WHY THEY PURCHASED TNA

By Mike Johnson on 2017-03-01 09:57:00

In a profile on Anthem Sports and Entertainment, owner Leonard Asper explained to The Financial Post why the company moved forward with purchasing TNA Impact Wrestling.

Asper, who grew up a pro wrestling fan watching Verne Gagne's AWA with his brother, noted that TNA was the second highest-rated piece of programming on The Fight Network. 

“I like sports," explained Asper.  "But I’m not doing this because I’m a wrestling fanatic. It’s a business decision.  We want to own content as a company. "

Asper said the plan is for TNA to tour later this year, which PWInsider.com has previously reported was the working plan.

The article noted that the purchase put Anthem into a legal situation with former TNA President Billy Corgan, but Asper came off as if that relationship was not beyond repairing, commenting, "[Corgan] was going to do some other things in the wrestling world. We said when we get all of this blocking and tackling done, we’ll reconvene and see what we’ll do together."

By blocking and tackling, Asper means new distribution and television deals for TNA, who's current agreement with Pop TV expires at the end of 2017.

To read the complete piece, click here.

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!