TNA will be returning to Orlando in one month for Slammiversary and TV tapings with an upset and frustrated TV production crew if they do not catch up on payments.
PWTorch has learned from multiple sources that TNA is behind paying some production workers going back to January and March TV tapings.
After struggling to make payments on-time throughout 2015, TNA handed over the system to the Harris Twins through their production company Aroluxe, payable by TNA. Since then, payments have continued to be late. The situation has especially been exacerbated by TNA leaving their long-time office in Nashville and relocating to the merchandise warehouse.
Also, production workers have been met with resistance when inquiring about payments. PWTorch has also learned that some production workers have been told they will or might be replaced at the next tapings in June, likely in favor of independent production workers who do not have a history of late payments.
All of this comes while TNA is seeking an outside investor to pump money into the company. (Full Report from April) In the absence of a monthly live PPV, TNA’s main revenue streams right now are an Impact ad-share with Pop TV, international TV deals, and the “One Night Only” PPVs distributed in the U.S. and internationally.
TNA is also trying to reduce costs, such as moving out their Nashville office, and moving their TV post-production to the local Skyway Studios. The cost-cutting to make the company more attractive to investors is continuing to affect production workers who are vital to creating the content.
The next month will be significant for the company, both in terms of whether they get investment funds and whether they make right on paying production workers with the next PPV and TV tapings on the horizon.