Billy Corgan Files Lawsuit Against TNA & Dixie

[DaylitoJames]

Bryan Alvarez is finally gonna write the sequel to Death of WCW and you know he's gonna be extra vicious when he writes about Dixie Carter and TNA booking in general

 

[Notorious 1 E.Y.E.]

Sounds like Dixie was stonewalling the negotiations

 

[dh86]

State of Tennessee has issued a tax lien against TNA for unpaid taxes

Remember when TNA money woes were "meltzer lies" according to some on here?

 

[The G.O.D II]

What a fukking disaster. Dixie is a scumbag c*nt piece of shyt. fukking egotistical money mark. She had multiple oppurtunities to do right by this company/talent. She could have sold to Jarrett and Keith or Viacom. But she is a complete brain dead mark. That company is just coma status and has been for about 3 years. Why is Corgan even involving himself in this mess?

 

[The Girl From Innsmouth]

What a fukking disaster. Dixie is a scumbag c*nt piece of shyt. fukking egotistical money mark. She had multiple oppurtunities to do right by this company/talent. She could have sold to Jarrett and Keith or Viacom. But she is a complete brain dead mark. That company is just coma status and has been for about 3 years. Why is Corgan even involving himself in this mess?

The infrastructure is already set up. The TV deals (as rinky-dink as they are in the US, they have some pretty big international distribution) and merch production are all lined up. Starting from scratch would take a good 5 or 6 years to get what TNA has lined up.

 

[sid the kid]

The infrastructure is already set up. The TV deals (as rinky-dink as they are in the US, they have some pretty big international distribution) and merch production are all lined up. Starting from scratch would take a good 5 or 6 years to get what TNA has lined up.

Except TNA, regardless of who owns it, won't have TV anywhere come April next year.

 

[TKOK]

State of Tennessee has issued a tax lien against TNA for unpaid taxes

TNA's defense will " Trump ain't paid any taxes, why should we"

 

[mrken12]

Tennessee coming after TNA for unpaid taxes

In addition to not paying talent at times over the years, it now appears TNA hasn’t been paying their taxes.

David Bixenspan at SEScoops (who’s been doing his usual great job keeping on top of the latest crazy week in TNA history) reports the State of Tennessee issued a tax lien against TNA Entertainment LLC in September. The amount of unpaid taxes isn’t clear, but for a lien to be filed, it’s reasonable to assume there’s a sizeable debt.

Tennessee is within its rights to seize property from TNA if the back taxes aren’t paid. The company restructuring such that Impact Ventures, LLC is now the parent company of record does create a few more hoops the state will have to jump through to collect, but the debt follows the company - including to new owners.

The lien will likely result in Dixie Carter having to take a lower sale price for the company, as the new owners will be responsible for paying the taxes. If they’re not paid, Tennessee can seize assets from TNA - whoever owns the promotion.

Add this to a lawsuit & restraining order filed by President Billy Corgan (the latter believed to be to prohibit Carter from issuing more shares of the company and further muddying the ownership picture), another by former production company AO1, licensing issues with music rights and potential issues paying talent, and it certainly seems like the end is drawing near for at least the Dixie-era of TNA.

We shall see.

 

[mrken12]

Dixie went out like a punk. Total Nonstop Audit.

 

[Vinny Lupton]

Tennessee coming after TNA for unpaid taxes

In addition to not paying talent at times over the years, it now appears TNA hasn’t been paying their taxes.

David Bixenspan at SEScoops (who’s been doing his usual great job keeping on top of the latest crazy week in TNA history) reports the State of Tennessee issued a tax lien against TNA Entertainment LLC in September. The amount of unpaid taxes isn’t clear, but for a lien to be filed, it’s reasonable to assume there’s a sizeable debt.

Tennessee is within its rights to seize property from TNA if the back taxes aren’t paid. The company restructuring such that Impact Ventures, LLC is now the parent company of record does create a few more hoops the state will have to jump through to collect, but the debt follows the company - including to new owners.

The lien will likely result in Dixie Carter having to take a lower sale price for the company, as the new owners will be responsible for paying the taxes. If they’re not paid, Tennessee can seize assets from TNA - whoever owns the promotion.

Add this to a lawsuit & restraining order filed by President Billy Corgan (the latter believed to be to prohibit Carter from issuing more shares of the company and further muddying the ownership picture), another by former production company AO1, licensing issues with music rights and potential issues paying talent, and it certainly seems like the end is drawing near for at least the Dixie-era of TNA.

We shall see.

God damn
We need to bring back those ipod playlists from the days

Jaz-O - Ova
Boyz II Men - End Of The Road
Rita Ora - RIP

 

[Vinny Lupton]

If Cody didnt get his money in advance he lawse. Dusty woulda got half up front and half before going thru the curtain, daddeh

 

[Silkk]

Disgraceful. Should've sold this shyt to JJ & Toby when it was on the table

 

[SAJ!!]

Tennessee coming after TNA for unpaid taxes

In addition to not paying talent at times over the years, it now appears TNA hasn’t been paying their taxes.

David Bixenspan at SEScoops (who’s been doing his usual great job keeping on top of the latest crazy week in TNA history) reports the State of Tennessee issued a tax lien against TNA Entertainment LLC in September. The amount of unpaid taxes isn’t clear, but for a lien to be filed, it’s reasonable to assume there’s a sizeable debt.

Tennessee is within its rights to seize property from TNA if the back taxes aren’t paid. The company restructuring such that Impact Ventures, LLC is now the parent company of record does create a few more hoops the state will have to jump through to collect, but the debt follows the company - including to new owners.

The lien will likely result in Dixie Carter having to take a lower sale price for the company, as the new owners will be responsible for paying the taxes. If they’re not paid, Tennessee can seize assets from TNA - whoever owns the promotion.

Add this to a lawsuit & restraining order filed by President Billy Corgan (the latter believed to be to prohibit Carter from issuing more shares of the company and further muddying the ownership picture), another by former production company AO1, licensing issues with music rights and potential issues paying talent, and it certainly seems like the end is drawing near for at least the Dixie-era of TNA.

We shall see.

 

[MenacingMonk]

If TNA still survives after this, they really are a cockroach fed.

 

[ManxOfxThexYear]

The wrestling industry is such a scummy business. Sad that the behind the scene shyt is more interesting then the on screen product.

This needs to be a TV show no joke, they have so much source material between WWE, TNA, WCW, etc. So much fukkery, no way this wouldn't be must see TV.