Billy Corgan Discusses Purchasing NWA, The Lies He Faced in TNA

 Former TNA President Billy Corgan was recently interviewed by Sports Illustrated as a part of their “Extra Mustard” series. He discussed a number of topics, including his recent purchase of the National Wrestling Alliance (NWA), the many problems he had with TNA and more.

Below are some highlights from the interview:

On purchasing NWA:

“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.”

“Our focus is on the NWA plan, and we have a 20-year plan,” said Corgan. “We’re not going to just come in and throw money around for two years. We’ve learned from the past mistakes of TNA, which we have intimate knowledge of.”

Billy unveils IMPACT Grand Championship

On his issues in TNA:

“I was very, very frustrated by the obstacles I faced internally, both culturally and fiscally, at TNA,” noted Corgan. “I dealt with a lot of backstabbing and lies.

“I was able to push through some things that ended up being successful at TNA, and I was very frustrated because you would think the success would have led to more leverage and further opportunities. But it was exactly the opposite. People were out to get me because I had power. At least now, in this situation, I am my own boss.”

On his vision for NWA in the future:

“You have an aging fan base that has shown in the past few years that it is willing to pay more to have access, but it’s a shrinking, aging fan base,” noted Corgan. “For probably the first time in wrestling’s history, it seems to be moving away from youth where every other entertainment culture is obsessively focused on youth to create their next generation of fans.”

He also discusses working with Anthem, creating an on-demand business model for NWA and more.

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