4. WWE Set To Buy TNA Wrestling’s Video Library
According to Wrestling Journalist Justin LaBar, WWE will purchase TNA Wrestling’s video library and Billy Corgan is set to become the majority owner of TNA and is expected to rebrand the company.
Below is what he tweeted:
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
Below is what Forbes posted about this:
“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.”
