UPDATED x2: New Rumors on TNA’s Future: WWE to Reportedly Buy Tape Library, Corgan to Take Over as Majority TNA Owner — Jim Ross Says Deal Is “Imminent”

UPDATE x2: It was reported yesterday that Dixie Carter met with TNA talent to discuss the issues with the company. The meeting reportedly alleviated some of the concerns from the talent, but many were still concerned where things may go after the company is done filming for the rest of the year.

Pwinsider.com (via wrestlinginc.com) reports Billy Corgan was not at the meeting. He was invited, but declined. Corgan not being at the meeting caused concern as the talent really respects him and feels that he is a straight shooter.

Carter remains TNA majority owner and did note at the meeting that there’s been a power struggle among some of the TNA owners at the meeting. Both Corgan and Carter have been in attendance at this week’s TV tapings.

Regarding the rumors in the original report (below), Dave Meltzer was asked, “Why doesn’t Dixie sell TNA to WWE and use the money with Corgan to start a new company?” Meltzer noted that WWE would not buy the company without a non-compete clause and that what WWE was offering was “very little.”

@davemeltzerWON Why doesn't Dixie sell TNA to WWE and use the money with Corgan to start a new company?

— Peter Ohara (@peterohara95) September 28, 2016

WWE isn't going to buy without a non-compete and what they are offering is very little. https://t.co/3whiVDDVv1

— Dave Meltzer (@davemeltzerWON) September 28, 2016

UPDATE: On the latest edition of The Ross Report (via wrestlinginc.com), Jim Ross says that WWE was interested in buying only the video library, stating the following…

“Right now we hear that WWE and TNA have had talks regarding WWE buying the library, and that that deal is imminent.”

More fuel to the rumor fire…

ORIGINAL: TribLIVE’s Justin LaBar has posted the following on Twitter, discussing the future of TNA. LaBar claims he received information noting that WWE will be purchasing the TNA tape library, and that Billy Corgan will take over TNA as the new majority owner. Dave Meltzer was asked about the report, and said that he could not confirm it, but said that both parties were in play. At this time, consider this a rumor…

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

Have talked about both for a week plus, can't confirm either as finalized but both have been heavily in play. https://t.co/c0Ab3wxOhz

— Dave Meltzer (@davemeltzerWON) October 5, 2016