As reported yesterday, TNA Wrestling will be moving out of their current offices at Cummins Station in Nashville to the ShopTNA warehouse, which if you haven’t seen the photos is quite literally a warehouse (below). Dave Melzter of The Wrestling Observer is reporting that while the move has reportedly been planned for some time as a costing cutting measure (PWInsider), there is much more behind it.
TNA reportedly are unable to keep up with their rent at the offices and are being evicted by the building management leaving them no other choice but to move to their warehouse. In recent months, they moved down to the basement of the building where the TV editing equipment is. Dixie Carter had her Trifecta public relations company at Cummins stations for years before getting involved with TNA, an indication of how bad things really are for the company right now.
TNA does have an investor for the company who is willing to pump money into the company, although they want a controlling interest something which Dixie Carter is not willing to surrender at this stage, although it may get to a point whereby she has no other choice. There was talk of Carter retaining a 51% majority share in the company although it’s hard to see how that would work going forward.