Billy Corgan terá chegado a acordo para a compra da NWA
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Re: Billy Corgan terá chegado a acordo para a compra da NWA
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Re: Billy Corgan terá chegado a acordo para a compra da NWA
For those who have asked, PWInsider.com has confirmed that there are zero tape libraries involved in the purchase and that the NWA On Demand streaming website (which utilizes the Boesch family library from Houston) is also not involved. Corgan is not buying any footage as part of this purchase we are told.
We are told that the plan, once Corgan and the NWA finalize the sale and Corgan owns the assets, is for Corgan to evalutate and assess the brand and build a plan for going forward. We are told this is not a situation where Corgan will buy the brand and the next day, start making big moves. This is the first in many, many steps.
Dave Lagana is 100% on board with the project and is working with Corgan. No word yet on Matt Conway. Given that Lagana has been putting so much work into creating documentaries, one would assume that sort of presentation is part of their plan for the NWA as they move forward.
For those who have asked what happens to the NWA members, well, there are no members anymore. Under Bruce Tharpe, the organization was instead selling licenses for promoters to use the NWA initials. We are told that those licenses will eventually expire but obviously, all options are still on the table as Corgan decides his direction and strategy. Tharpe controls 100% of the NWA brand name, so he would have the complete right to sell the brand and its trademarks without anyone else trying to veto the move.
There has been no talk of talents on board with the Corgan NWA project yet at all. We are told they are focusing on completing the sale and building their plans and strategies for the NWA brand name.
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Re: Billy Corgan terá chegado a acordo para a compra da NWA
http://www.pwinsider.com/ViewArticle.php?id=109608Smashing Pumpkins frontman Billy Corgan has officially signed an agreement to purchase the National Wrestling Alliance from Bruce Tharpe, PWInsider.com has confirmed. The deal will see Corgan purchase the name, rights,and trademarks to the NWA as well as the rights and possession of the NWA championship belt.
PWInsider.com has also confirmed that the deal has now been configured to include Tharpe's position in the NWA on Demand VOD service as well as the Paul Boesch wrestling library. The actual ownership of the library remains with the Boesch family, as it had while Tharpe was utilizing it, but now Corgan would have the same rights and responsibilities that formerly applied to Tharpe.
Corgan's purchase would end a five year ownership of the brand under Bruce Tharpe, who gained control after his International Wrestling Corp, LLC, sued the NWA and a number of its banner members in 2012, alleging insurance fraud regarding the liability insurance policy that was shared among NWA members. In a legal maneuver that has yet to ever be explained publicly, Tharpe was able to leverage the lawsuit into gaining ownership of the NWA brand.
Tharpe's role going forward has yet to be revealed but all signs are under Corgan, while all aspects of the NWA will be examined, there are not expected to be any major changes made immediately. We are told that everything is being looked upon as a long-term move, so don't expect any massive overhauls right out of the gate. It will be business as usual for the NWA and promoters who are licensing the name.
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Re: Billy Corgan terá chegado a acordo para a compra da NWA
PWInsider escreveu:The National Wrestling Alliance is officially Billy Corgan's.
As of 10/1, all existing licensing agreements for the promotion's affiliates have expired, putting Corgan in complete control of the brand and its championships.
The first inkling of direction for the NWA in terms of story will begin on this weekend's Championship Wrestling from Hollywood TV, which will feature NWA champion Tim Storm. Once the material airs on CWH TV, the content will be made available by the NWA via a number of different platforms.
The plan is to build digital content around several names and develop talent, using the NWA brand name and the NWA World title as the cornerstones with a modern, sports-oriented presentation. The hope is to build a new culture and process for pro wrestling, developing something unique from what WWE and Impact have.
While there is no timetable, the hope is to build to something of a modern day studio wrestling show, with the old Georgia Championship Wrestling being referenced as a potential creative inspiration. Corgan is taking the project slowly with the belief that every decision has to be measured. They are not going to rush to signing talents or running shows just for the sake of doing that.
Corgan spoke with Sports Illustrated's Justin Barrasso today about the NWA at this link. “People asked, ‘What are you buying?’” explained Corgan. “We’ve looked at how the WWE has positioned itself and how Anthem has positioned Impact Wrestling, and now a brand like the NWA, which has built-in recognition value and a history that is unmatched, suddenly starts to become more valuable in this shifting landscape. Maybe we’re not so crazy for buying these three letters after all.” Corgan also said that he has intimate knowledge of all the mistakes made by Impact and isn't going to just spend a ton of money for a few years. He is taking a "slow and steady wins the race" stance.
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Re: Billy Corgan terá chegado a acordo para a compra da NWA
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