JohnWallStreet held a recent interview with TNA Wrestling President Carlos Silva. One of the topics discussed included Silva’s thoughts about TNA is currently seeking a new media rights deal in the range of around $10 million per year for profitability reasons.
“A new media rights deal will help us build a more consistent fan base with larger reach. 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] …
Something in the $10mm/year range is where we [and CAA] think we should be.
We’re talking to [all the established] linear guys and a couple of newer platforms that need a foundational [programming] centerpiece. 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 also gave his thoughts about the possibility of Anthem Sports & Entertainment spinning off their sports division due to TNA currently not being profitable.
“Either we keep [the portfolio] and continue to grow [it], or there could be a spinoff of the Anthem Sports Division.”
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