So, when TNT started accepting wrestling again - Wrestling Forum: WWE, AEW, New Japan, Indy Wrestling, Women of Wrestling Forums
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post #1 of 11 (permalink) Old 08-15-2019, 09:58 AM Thread Starter
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So, when TNT started accepting wrestling again

I'm surprised the Kahns chose TNT out of all other TV stations in USA to air their new high profiling wrestling show.
I remember TNT directives were so eager to sell WCW to anyone 19 years ago... They couldn't wait to do it, and they finally sold the company to their archrival. That's why many people sees those TV directives as the real killers of WCW.

I hope there will be a thrilling competition between WWE and AEW for many decades to come.
But yes it really surprised me they chose precisely TNT to air the upcoming show.


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post #2 of 11 (permalink) Old 08-15-2019, 10:09 AM
 
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Turner owned WCW and was running around about $1.5 million loss each week with business only getting worse not better.

TNT are only airing AEW. It's a private entity like WWE is with NBC universal
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post #3 of 11 (permalink) Old 08-15-2019, 10:14 AM
 
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Re: So, when TNT started accepting wrestling again

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Originally Posted by validreasoning View Post
Turner owned WCW and was running around about $1.5 million loss each week with business only getting worse not better.

TNT are only airing AEW. It's a private entity like WWE is with NBC universal
I wish I knew the breakdown of that number. WCW didn't get right fees like WWE does from USA, or then TNN. If WCW was losing 1.5 million dollars a week, that means a modest $80 million TV deal would have them breaking even.
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post #4 of 11 (permalink) Old 08-15-2019, 10:20 AM
 
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Quote:
Originally Posted by TKO Wrestling View Post

I wish I knew the breakdown of that number. WCW didn't get right fees like WWE does from USA, or then TNN. If WCW was losing 1.5 million dollars a week, that means a modest $80 million TV deal would have them breaking even.
They would have to move away from Turner to receive that because Turner aren't pay rights fees for something they own, would be akin to WWE paying 205 live rights fees.

Nobody is paying $80m annually for WCW in 2001, that's far more than TNN were paying for Raw then and $80m wouldn't cover cost of running company anyway. They would need to massively increase ticket revenue, ppv buys, merch sales etc to breakeven
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post #5 of 11 (permalink) Old 08-15-2019, 11:25 AM
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Re: So, when TNT started accepting wrestling again

Because the current environment is traditional tv is losing a bit part of their audience to streaming like Netflix, Hulu, Amazon prime as well and sites like YouTube, Twitch, Mixer etc...

Live sportige events such as wrestling for example are the biggest asset that tv has to stay at relevant. WWE got a record tv deal for them despite doing their worst business in years ratings wise for a reason
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post #6 of 11 (permalink) Old 08-15-2019, 12:08 PM
 
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Tnt is on hulu plus so thats also big.

For now this csn still generate ratings. 5 years from now if they wanna make a deal on one of the big streaming plstforms they will.

"If you want it bad enough you'll find a way, if you don't want it bad enough you'll find an excuse."
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post #7 of 11 (permalink) Old 08-15-2019, 12:24 PM
 
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Re: So, when TNT started accepting wrestling again

When they realized that there's no wrestling promotion currently in existence that can put out a product that people are willing to watch, despite the fact that there are still wrestling fans out there thirsty for an entertaining product. They saw an opening.
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post #8 of 11 (permalink) Old 08-15-2019, 02:29 PM
 
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Re: So, when TNT started accepting wrestling again

The sale of WCW stinks to high heaven as industrial sabotage. Warner refused an offer of 0.5 billion in the summer of 2000 from FX as too low. Then less than a year later, McMahon picks it up for 2.4 million, without dead weight contracts.

Because of the contracts alone, selling WCW for less than 15 million was highly suspicious.

People keeping citing the 'no TV deal' argument. Bullshit, the WCW IP in 2001, TV or not, is worth at least 10 times what it was purchased for. To this fucking day sealed WCW DVDs are quite expensive.

A lot of people having discussed this including Bob Ryder and Kevin Sullivan. Listen to Sullivan outright say it in the 'Timeline of WCW' shoot - 'someone cut a deal'. Kellner, Snyder, Siegel and McMahon conspired to do it. McMahon paid 2.4 million on the books, but off the books there had to be a massive crooked payoff to at least Kellner and Siegel, because they're not going to risk those shenanigans with a public company.

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post #9 of 11 (permalink) Old 08-16-2019, 08:39 AM
 
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WCW was tens of millions in the hole with no way to recoup the losses and was a PR and HR headache.

Eric Bischoff conveniently leaves out his own incompetence when discussing the issues that plagued WCW and left it as a parody of itself from 1999 onwards.
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post #10 of 11 (permalink) Old 08-16-2019, 09:06 AM
 
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Quote:
Originally Posted by Afrolatino View Post
I'm surprised the Kahns chose TNT out of all other TV stations in USA to air their new high profiling wrestling show.
I remember TNT directives were so eager to sell WCW to anyone 19 years ago... They couldn't wait to do it, and they finally sold the company to their archrival. That's why many people sees those TV directives as the real killers of WCW.

I hope there will be a thrilling competition between WWE and AEW for many decades to come.
But yes it really surprised me they chose precisely TNT to air the upcoming show.
Easy Nitro always did strong ratings for TNT. Even ratings at the end where what WWE is doing today. The problem was Turner owned WCW and the company was losing what 85 million a year. So with ratings dropping and cost so much. TNT wanted to wash their hands with it at the time.


Now 18 years later with New people in charged. Well their hoping it can bring those Nitro ratings to the network. The fact the Khans own AEW who made billions from different business including NFL team. Well that gives strong credibility to AEW. Especially when you look at early demand of ticket sales and ppv buys. That said if it fails then TNT just cancels it and AEW will be gone after a year. Like we saw Spike tv ,Destination America and Pop get rid of TNA over the years.


Since they don't have ownership in the company and aren't paying AEW big money to be on their network like Fox and USA are for WWE. So it's easy investment for TNT to try. Especially with Khan Family and early fan interest.
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