Jim Ross talked on his Ross Report podcast about WWE being close to purchasing NA’s tape library and not buying the company itself.
Meanwhile, Justin LaBar also the following on twitter
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
LaBar responded to comment about everyone getting what they wanted: “Exactly. Dixie gets a payday on selling to Corgan and a payday on selling the library to Vince.”
Regarding the re-branding, Corgan mentioned in an interview he would likely change TNA’s name if he bought it.