[T]he company is being represented by CAA in media rights discussions and is seeking a $10 million a year deal.
A “new media rights deal will help us build a more consistent fan base with larger reach,” Silva said. “It will also provide us the opportunity to go live 52 weeks a year, and in today’s world live matters [in terms of fan interest and revenues].”
“There are a couple of networks, that look like Spike [TV] in today’s world, we could be a good fit for; the same way [UFC and TNA were for that network a decade or two ago].”
Silva did not shoot down the idea of selling off their Sports Division if they cannot make the brand profitable.
That division includes TNA as well as INVITCA and The Fight Network.
“TNA is not yet profitable. But the business is said to be ‘moving in the right direction’.”
TNA wants a TV channel to pay them $10m per year to air Impact, if TNA were up for sale for $10m WWE would certainly make a play just to get the media library.
Thanks. Not sure how I missed the TV deal detail.
Edit: would anyone pay TNA $10M/year for the TV rights? That seems like a steep price. Their TV is still rather ‘blah’. Maybe if WWE keeps loaning them stars.