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Dixie Carter: "TNA Has Been Cash Flow Positive For 4 Or 5 Years Now"

Posted By: Lee on Nov 21, 2013

In one of the most potential revealing insights into TNA, Dixie Carter gave an interview to Sports Illustrated recently discussing numerous topics. The focus however was the economic side of TNA.

"Once we got on Spike, we changed a lot of things and our revenues grew. We've been cash flow positive for the last four or five years. After that point, Panda stopped putting money in the company. We've funded it with every dollar we've made and maybe that's kept us from growing quite as fast."

Carter then went on to discuss the "rumoured" sale of TNA interestingly noting that she had seen reports that say TNA were going out of business rather than a proposed takeover.

"This type of reporting is totally unsubstantiated. Truth is this is not the first time. This is about the tenth, eleventh or twelfth time over 11 or 12 years that this has been said or that we're going out of business. I've been hearing this rumor since we were four weeks into this company. It's disappointing when a person makes a sweeping statement as fact."

She also went on the discuss the economics of taking TNA on the road.

"We went on the road thinking if we could sell 1,500-2,000 tickets, we'd be good. We went in with a very conservative budget. We didn't come out here thinking we'd sell out arenas. The truth is we exceeded those budget numbers. We hit our revenue numbers, but we overspent when it came to loading out of the Universal studio. There was a two-month overlap that cost us.


Full interview is available here discussing how she got into TNA, AJ Styles, Hulk Hogan and more: https://sportsillustrated.cnn.com./more/news/20131121/dixie-carter-tna-wrestling/

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