For as long as the company has been in existence, TNA has seemingly been on the brink of going out of business, or at least that's been the perception amongst fans. Having lost its television partnership with Spike TV, where it was its most successful, and then lost its next deal with Destination America, the future looked especially bleak as recently as a couple months ago.
Then a new deal with POP TV came along and viewers seemed to be climbing for a show that was gaining some critical acclaim with a freshly turned Matt Hardy as world champion. Those numbers have taken a turn, however, and just days ago Ric Flair was making clear his belief the promotion is never going to compete with WWE on any meaningful level.
Now, a report from PW Insider confirms TNA is looking for outside investors, with the following comment from TNA Executive John Gaburick:
"TNA has been in in strategic partnership talks with several major global media companies and investment firms about the company's next phase of growth. ... It's a very exciting time for TNA."
If there's one thing we've learned about TNA, it's that the company knows how to survive.