TNA News: Dixie Carter Out As TNA Chairman As Anthem Sports Takes Control Of Company

Yet another organizational shakeup took place within TNA this week, and it’s resulted in Dixie Carter stepping down as TNA Chairman, and Anthem Sports & Entertainment acquiring a majority interest in the troubled wrestling promotion.

The year 2016 was an especially rough one for TNA. Despite obvious positives such as the success and popularity of “Broken” Matt Hardy and his associated storylines, the company has had to deal with myriad challenges, including the near-cancellation of its flagship Bound for Glory pay-per-view, and the courtroom drama involving Smashing Pumpkins frontman Billy Corgan, who had briefly served as TNA President in 2016.

At several points last year, fans questioned whether TNA could stay around for the new year, given all the financial, organizational, and manpower-related issues, but with 2017 just having started, the promotion is still around, albeit without Dixie Carter in her usual role as TNA Chairman.

In a press statement released yesterday, Anthem Sports & Entertainment announced that it will be acquiring a majority interest in, and thereby taking control of TNA Impact Wrestling. To this end, the company created a new arm, Anthem Wrestling Exhibitions, LLC, with company EVP Ed Nordholm serving as the arm’s president. As part of the deal, Dixie Carter will be resigning as TNA Chairman, and will remain as one of the promotion’s minor equity stakeholders.

Wrestling Inc quoted the Anthem press release in full, which included a statement from Nordholm confirming that the company will be in charge of TNA going forward.

Click here to continue and read more...

TNA News: Dixie Carter Out As TNA Chairman As Anthem Sports Takes Control Of Company is an article from: The Inquisitr News