TNA News: Dixie Carter Also Sued By Former Production Company


Dixie Carter is already in hot water as it is with TNA Wrestling President Billy Corgan. As previously reported by The Inquisitr, Corgan filed a lawsuit against Carter and several other entities, including TNA’s parent company Impact Ventures LLC. But new reports have added more details on the legal troubles Carter and Impact Ventures are going through, as well as the identity of the company that helped TNA stay afloat by funding Bound for Glory 2016 and the TV tapings that followed.

According to PWInsider, TNA’s former production company Audience of One Productions (AO1) sued the promotion on September 27 in the U.S. District Court, Eastern District of Virginia. Impact Ventures, TNA minority owner Aroluxe LLC, and company CFO Dean Broadhead were named in the AO1 suit like they were in Corgan’s. Also named was former WWE, WCW, and TNA wrestler Ron Harris, who currently works for Aroluxe.

The lawsuit accuses Broadhead and Harris of breach of contract and fraudulent inducement, Aroluxe of torturous interference, and all the named defendants of violating Virginia codes. All in all, AO1 seeks $223,000 in money owed for the production of Bound for Glory 2015, plus the cost of interest and post-judgment fees.

PWInsider went into great detail as it went through every available specific of AO1’s suit against TNA. But what stood out as most interesting was the allegation that Broadhead, who is one of Dixie Carter’s top executives, had tried to get the production firm off TNA’s back by sending an email promising a big-time deal that would give the promotion much wider television exposure:

“We are planning to go back into Universal Studios in 2016 and get back on the right track with our production. Please, please hang in there with us. We will come out of these difficult times in a much better position as a company and a partner.”

With TNA’s financial problems mounting, Broadhead reportedly negotiated a payment plan with AO1 owner Jeff Wade, with payments to be made monthly from March through August 2016. But the suit alleges Broadhead wasn’t transparent to Audience of One about TNA’s dire financial straits. That was when Aroluxe entered the picture, “(providing) some sort of financing” to the promotion in March, and allowing TNA to keep “operating for the foreseeable future.”

According to the lawsuit, TNA was supposed to wire the first installment on March 18, but instead sent the payment via FedEx sometime after it was due. The company then allegedly failed to respond to collection notices after sending that delayed payment for March and continued to use delaying tactics to keep AO1 at bay. And while this might look like a case of classic Dixie Carter at work, the suit suggests that this is more on her CFO Broadhead, as well as Aroluxe principal Harris.

“The suit alleges that Broadhead and Harris were responsible for dragging out payment with false promises of future work as a way to get AO1 to agree to the repayment plan, which TNA did not maintain,” PWInsider observed.

Beyond all the gory details of the AO1 lawsuit, SEScoops also revealed some exclusive information on the entities Dixie Carter and Impact Ventures owe and the company that funded TNA’s most recent round of Impact Wrestling tapings and Bound for Glory pay-per-view. Aside from Aroluxe, which it owed money to as of March 14, the company also has debts to Fight Network parent Anthem Sports and Entertainment Corp. as of August 22.

Most interestingly, Impact Ventures owes some money to MCC Acquisition Corp., a company that has the same address as Anthem “and numerous other related companies.” The date of the debt is September 30, or the Friday right before Bound for Glory and the company’s subsequent television tapings. It doesn’t explicitly state whether MCC did fund the pay-per-view and the tapings, but SEScoops has reason to believe that the company did provide the funding for those shows, essentially revealing the “mystery” identity of the firm that saved TNA with that eleventh-hour deal.

SEScoops‘ report also confirmed something that was obvious to a lot of fans when news of the Corgan lawsuit first broke on Thursday – Dixie Carter does owe money to Billy Corgan. Universal Commercial Code (UCC) documents show that Carter owes an unspecified amount of debt to Corgan, whose address on file matches that of his California-based company Smashing Pumpkins Machine. And while the specifics of Corgan’s lawsuit remain unknown, SEScoops believes that the rock vocalist/wrestling executive’s suit against Carter may be related to that of AO1.

With these recent developments, the long-term future of TNA is looking more and more doubtful, as Dixie Carter looks to have much more explaining to do to a number of individuals and companies.

[Featured Image by Alberto E. Rodriguez/Getty Images]

Share this article: TNA News: Dixie Carter Also Sued By Former Production Company
More from Inquisitr