CONTACTABOUTFACEBOOKTWITTERPODCAST IPHONE APPANDROID APPAMAZON APPRSS
Pro Wrestling Torch
Pro Wrestling Torch Reaches The Most Wrestling Fans Every Week: #1 in iTunes • #1 on iPhone and iPad • #1 on Android • #1 on Kindle
GOT THE PWTORCH APP YET?
iPhone & iPad
Android
Amazon Kindle
Windows Phone
PWTorch Phone App
TNA News
EXCLUSIVE NEWS: Was TNA ever close to going out of business?, TNA pres Dixie Carter details close-calls & why investors pushed forward

Mar 10, 2013 - 2:20:46 PM
PLEASE TAKE A MOMENT TO BOOKMARK US & VISIT US DAILY


By PWTorch Staff

TNA_Wide_22.png



During an exclusive interview on the PWTorch Livecast last week, TNA president Dixie Carter detailed times during the mid-2000s when she had to fight to keep TNA going when other family members raised concerns about the viability of the Carters's investment.

"You should have been at some New Year's Eve or Christmas Eve dinners," Carter told PWTorch editor Wade Keller. "It usually happens around the dinner table - 'You know, I'm just not real sure about this.' And we would get into board-room blows right there."

Carter said she credits her parents, who head up TNA's parent company, Panda Energy, for seeing TNA through difficult times.

"I have to give it to them that they stuck with it," she said. "It wasn't the quick returns maybe they had been sold on or hoped for. But, they have been fantastic partners in sticking with it. They see the potential. They have ten years invested in this company that they have great hopes for."

Carter added that perhaps Panda Energy's approach to their line of business paid off in keeping TNA afloat.

"They're in long-term businesses, so they don't see quick turnarounds," Carter said. "They're used to building something or coming up with something and it be seven, eight, ten years down the road (when it pays off). So, they've been patient. But, they do absolutely know that we are in a fantastic place right now and they're very happy."

Asked if TNA has been profitable the last few years, Carter replied, "Yep, we sure have. She added, "It doesn't mean that we're a debt-free company, but as far as being profitability - you know, the early years were incredibly expensive. But, to have turned it around and had the type of growth that we've had, especially during the recession... We filled the gap and continued to grow and have success and have great year-over-year growth."

The next financial step, according to Carter, is finishing or re-structuring the last of TNA's bad contracts from the early days of the company. Carter said she believes this will help TNA push forward rather than continue to be held back by contracts - such as their domestic and international PPV contracts - the company feels has limited their growth potential.

[ LISTEN: Carter's entire 83-minute Livecast Interview can be heard exclusively here at PWTorchLivecast.com ]


We suggest these recent related articles...
TNA NEWS: Bound for Glory is still on - first roster announced without this year's Hall of Famers & TNA Champ
TNA NEWS: Impact TV ratings are in - how did Week 2 on Wednesday nights fare?
TNA/MMA NEWS: TNA roster member King Mo signs long-term deal with Bellator (MMATorch)
prowrestling.net
CLICK HERE FOR EVEN MORE PW.NET HEADLINES


CLICK TO EMAIL THIS ARTICLE
CLICK HERE TO RETURN TO MAIN LISTING

NEW! SIGN UP FOR FREE PWTORCH BREAKING NEWS EMAIL ALERTS
BECOME A PWTORCH VIP MEMBER
-FORMER MEMBERS LOGIN HERE TO RENEW
-NEW MEMBERS CLICK HERE TO SIGN UP
SELECT BY ARTICLES CATEGORY
SEARCH PWTORCH.COM



CLICK HERE FOR LIST OF UPCOMING PRO WRESTLING EVENTS
MORE HEADLINES AT AFFILIATE SITES
MMATorch
LATEST HEADLINES - CLICK TO READ CLICK HERE FOR MORE MMATORCH HEADLINES


PWTORCH POLL - VOTE NOW!

RAW POLL 9/1: If you watched Raw, Monday's show was...
Good Show
Bad Show
Middle of the Road
  
Free polls from Pollhost.com


RAW POLL 9/1: Of the options below, which WWE star currently interests you the most?
Brock Lesnar (& Paul Heyman)
John Cena
Dean Ambrose
Seth Rollins
Roman Reigns
Bray Wyatt (& The Wyatts)
Chris Jericho
Triple H
Stephanie McMahon
Brie Bella
Nikki Bella
Orton & Kane
The Miz
Dolph Ziggler
Goldust & Stardust
The Usos
A.J. Lee
Paige
Rusev (& Lana)
Bo Dallas
  
Free polls from Pollhost.com



TNA POLL 9/1: Of the options below, which TNA star currently interests you the most?
Bobby Lashley
Jeff Hardy
Bully Ray
Austin Aries
Matt Hardy
Samoa Joe
Bobby Roode
The Wolves
Eric Young
Ethan Carter III & Rockstar Spud
MVP & Kenny King
Rhino
Brother Devon
Bram & Magnus
James Storm
Sanada
Bro-Mans
Low Ki
Mr. Anderson
Gunner & Sam Shaw
  
Free polls from Pollhost.com




TNA POLL 9/1: Of the options below, which TNA Knockout currently interests you the most?
Gail Kim
Taryn Terrell
Angelina Love
Velvet Sky
HAVOK
Brooke Tessmacher
Madison Rayne
Rebel of The Menagerie
Brittany
Christy Hemme
  
Free polls from Pollhost.com

VOTE IN OR SEE RESULTS OF PREVIOUS POLLS



LATEST HEADLINES - CLICK TO READ CLICK HERE FOR EVEN MORE INC HEADLINES

_
LATEST FREE AUDIO SHOWS - CLICK TO LISTEN VIEW MORE PWTORCH LIVECAST EPISODES
DOWNLOAD PWTORCH LIVECAST APP
SUBSCRIBE TO PWTORCH LIVECAST IN ITUNES


ABOUT US

THE TORCH REACHES MORE COMBAT ENTERTAINMENT FANS THAN ANY OTHER SOURCE

PWTorch editor Wade Keller has covered pro wrestling full time since 1987 starting with the Pro Wrestling Torch print newsletter. PWTorch.com launched in 1999 and the PWTorch Apps launched in 2008.

He has conducted "Torch Talk" insider interviews with Hulk Hogan, The Rock, Steve Austin, Kevin Nash, Scott Hall, Eric Bischoff, Jesse Ventura, Lou Thesz, Jerry Lawler, Mick Foley, Jim Ross, Paul Heyman, Bruno Sammartino, Goldberg, more.

He has interviewed big-name players in person incluiding Vince McMahon (at WWE Headquarters), Dana White (in Las Vegas), Eric Bischoff (at the first Nitro at Mall of America), Brock Lesnar (after his first UFC win).

He hosted the weekly Pro Wrestling Focus radio show on KFAN in the early 1990s and hosted the Ultimate Insiders DVD series distributed in retail stories internationally in the mid-2000s including interviews filmed in Los Angeles with Vince Russo & Ed Ferrara and Matt & Jeff Hardy. He currently hosts the most listened to pro wrestling audio show in the world, (the PWTorch Livecast, top ranked in iTunes)


REACHING 1 MILLION+ UNIQUE USERS PER MONTH
500 MILLION CLICKS & LISTENS PER YEAR
MILLIONS OF PWTORCH NEWSLETTERS SOLD
PWTORCH STAFF

EDITORS:
Wade Keller, editor
(kellerwade@gmail.com)

James Caldwell, assistant editor
(pwtorch@gmail.com)

STAFF COLUMNISTS:
Bruce Mitchell (since 1990)
Pat McNeill (since 2001)
Greg Parks (since 2007)
Sean Radican (since 2003)

We also have a great team of
TV Reporters
and Specialists and Artists.

PWTORCH VIP MEMBERSHIP

PWTorch offers a VIP membership for $10 a month (or less with an annual sub). It includes nearly 25 years worth of archives from our coverage of pro wrestling dating back to PWTorch Newsletters from the late-'80s filled with insider secrets from every era that are available to VIPers in digital PDF format and Keller's radio show from the early 1990s.

Also, new exclusive top-shelf content every day including a new VIP-exclusive weekly 16 page digital magazine-style (PC and iPad compatible) PDF newsletter packed with exclusive articles and news.

The following features come with a VIP membership which tens of thousands of fans worldwide have enjoyed for many years...

-New Digital PWTorch Newsletter every week
-3 New Digital PDF Back Issues from 5, 10, 20 years ago
-Over 60 new VIP Audio Shows each week
-Ad-free access to all PWTorch.com free articles
-VIP Forum access with daily interaction with PWTorch staff and well-informed fellow wrestling fans
-Tons of archived audio and text articles
-Decades of Torch Talk insider interviews in transcript and audio formats with big name stars.


**SIGN UP FOR VIP ACCESS HERE**

CONTACTABOUTFACEBOOKTWITTERPODCASTIPHONE APPANDROID APPAMAZON APPRSS
VIP SIGN-UP
VIP LOGIN
THE TORCH: #1 IN COMBAT ENTERTAINMENT COVERAGE | © 1999-2013 TDH Communications Inc. • All rights reserved -- PRIVACY POLICY