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 Anthem Reportedly Hemorrhaging Funds – Wants Out of GFW

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PostSubject: Anthem Reportedly Hemorrhaging Funds – Wants Out of GFW   Wed Sep 06, 2017 10:41 am

https://411mania.com/wrestling/anthem-reportedly-hemorrhaging-funds-wants-gfw/

According to Justin Barrasso of Sports Illustrated, Global Force Wrestling, under Anthem Media’s ownership, has been “hemorrhaging funds” and that “sources close to the situation have confirmed that Anthem is ready to withdraw itself from the wrestling industry and sell GFW.” There were several cutbacks at the last TV tapings, with a number of talents not brought in and others only used for certain tapings before being flown home, instead of staying for the entire run of tapings.

Anthem has had to catch the company up and get it out of several legal issues since buying the company, including the Billy Corgan situation and a lawsuit brought against the company by its former production company, Virginia’s Audience of One Productions. The ownership came with Impact deeply in debt.

Along with that has been the public battle with the Hardys over the Broken Universe, the suspension of then-reigning GFW champion Alberto el Patron and yesterday’s issues with Jeff Jarrett.

Prior to Anthem acquiring the company, Sinclair Broadcasting, WWE, and Billy Corgan all had interest in the company. The site adds that Jarrett still owns the name of “Global Force Wrestling”, so Anthem would be selling “Impact Wrestling”.
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PostSubject: Re: Anthem Reportedly Hemorrhaging Funds – Wants Out of GFW   Wed Sep 06, 2017 12:11 pm

Here I thought the TNA drama was over for awhile #FeelTheBern

I figured there would be buyers remorse though.

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PostSubject: Re: Anthem Reportedly Hemorrhaging Funds – Wants Out of GFW   Wed Sep 06, 2017 12:13 pm

Sinclair should buy it, just for the contracts. I aint bothered
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PostSubject: Re: Anthem Reportedly Hemorrhaging Funds – Wants Out of GFW   Wed Sep 06, 2017 12:18 pm

Whenever There's talk of who ROH wants from Impact It's always only a few guys. But I think It's time to add some fresh faces to the promotion.

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PostSubject: Re: Anthem Reportedly Hemorrhaging Funds – Wants Out of GFW   Wed Sep 06, 2017 12:50 pm

They lost like all their stars to WWE. They've been relying on NJPW guys all year cause their own roster is anemic. They need a lot of new faces.
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PostSubject: Re: Anthem Reportedly Hemorrhaging Funds – Wants Out of GFW   Wed Sep 06, 2017 1:18 pm

So Anthem re-branded the company to GFW without owning the trademark? WTF?!
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PostSubject: Re: Anthem Reportedly Hemorrhaging Funds – Wants Out of GFW   Wed Sep 06, 2017 8:03 pm

@Dragon Fx wrote:
So Anthem re-branded the company to GFW without owning the trademark? WTF?!
The story of TNA is amazing dolan

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PostSubject: Re: Anthem Reportedly Hemorrhaging Funds – Wants Out of GFW   Sat Sep 09, 2017 12:07 am

the little company that could is knocking on deaths door closer than ever before. I should care more about this, but after so many years...I just don't care any more. At this point what can save them? Sinclair maybe, but at this point they probably shut them down and move talent over ROH and own the library.

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PostSubject: Re: Anthem Reportedly Hemorrhaging Funds – Wants Out of GFW   Sat Sep 09, 2017 12:08 am

it be almost a mercy killing

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PostSubject: Re: Anthem Reportedly Hemorrhaging Funds – Wants Out of GFW   Sat Sep 09, 2017 12:21 pm

The sad thing is GFW has good creative now and the shows are a lot better.

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