Just got a text saying #WWE to buy TNA video library & Billy Corgan is going to be new majority owner of TNA that he’ll likely rebrand. Wow!
— Justin LaBar (@JustinLaBar) October 5, 2016
Jim Ross also said in his latest podcast that ‘Very Reliable’ people told him WWE is buying TNA’s video library.
On the latest episode of “The Ross Report,” Jim Ross’s podcast, he dropped the following rumor on the TNA sale situation:
WWE is allegedly very close to buying the TNA library. Not the promotion, the TNA library. Obviously, with WWE Network, the TNA library could be a nice resource, a nice asset. Now, you know, TNA does have some talents I’m sure WWE would like to have down the road, but now I hear that WWE and TNA have had talks about buying the library and that a deal is imminent.
Ross stressed that this was a “rumor” that had “not been verified” from people who are “normally very, very reliable.” Besides his general connections in wrestling, both on the talent and front office side, at one point, Ross was the point man for WWE’s acquisition of video libraries. If anyone outside the company would be well sourced on those acquisitions, it would make sense that it would be Ross.
Of course, it does need to be pointed out that Dixie Carter said during a TNA talent meeting on Monday that while there had been talks with WWE about selling the library, she would not let a sale happen, so to speak. Being that she is still the majority owner, it’s unclear why said conversation would happen if Carter wouldn’t consider making a deal.