As we've noted today, The Fight Network's parent company Anthem Sports & Entertainment has entered into a "credit relationship" with TNA that will see the company stay in business. While his lawsuit is still ongoing, Billy Corgan is out of the company. We have more details on what has happened and a letter that Dixie Carter sent to company employees here and here. You can also read Athem's original announcement at this link.
We also noted earlier that Corgan took to Twitter and spoke out against the announcement, revealing that he was not paid earlier this week. Anthem responded via The Fight Network's Twitter account and said they reject Corgan's tweets, and that there is a solid financial plan to pay him back. Corgan then responded to Anthem's Twitter statement and as you can see below, it looks like this situation is going to get pretty ugly before it's over.
You can check out all of their tweets as of this writing below:
FACT: TNA was supposed to pay me to 2 days ago, which they swore to in front of a judge. Yesterday they asked for a day to 'get $ together'— WPC (@Billy) November 3, 2016
Upon which, (yesterday or today) they'd 'reach out directly' to settle ALL claims. So they lied again and have used the time as a weapon— WPC (@Billy) November 3, 2016
FACT: I have still not been paid, and I'm exploring all remedies including new filings with court and converting to 36 pct. equity— WPC (@Billy) November 3, 2016
We reject Mr. Corgan's social media comments today re:@IMPACTWRESTLING. The matter is before courts/public discourse is inappropriate. (1/2)— Fight Network (@fightnet) November 3, 2016
There is a solid financial plan for @IMPACTWRESTLING & Mr. Corgan's loan will be dealt with appropriately. (2/2)— Fight Network (@fightnet) November 3, 2016
@fightnet Terrible way to start our future relationship! What w/ the lying through counsel + propensity for press releases claiming victory— WPC (@Billy) November 3, 2016
@fightnet So when you sent out the press release today and one during lawsuit (which is still pending FYI) that's not public discourse? Tsk!— WPC (@Billy) November 3, 2016
@fightnet And the use of 'reject' in your tweet! Such strong language from network of fights— WPC (@Billy) November 3, 2016