Billy Corgan in Control of TNA as Dixie Carter Quietly Exits

– As previously reported, Billy Corgan is the man in charge of TNA now, and Dixie Carter is on her way out. The way that Corgan took charge, with Carter being named “Chairman and Chief Strategy Officer,” is being done so that she can save face on her way out. She did not stay for the entire tapings, and the word is that she only cares about exiting without getting egg on her face.

Corgan still faces the same issues going forward, he is running a company that doesn’t create enough revenue to cover payroll and TV production, which is why he and Aroluxe had to invest in TNA in the first place. The company has also shown an inability to create profit off both live events and PPV for years.

Credit: The Wrestling Observer Newsletter