In an update on the sale of TNA Wrestling, the company are reported to be selling the TNA video library to the WWE, who are interested in the tape library for future DVD/Blu-Ray releases as well as WWE Network material, while Billy Corgan will become the new majority owner of the company, taking over the remaining assets of which he will then rebrand, under a different name, according to a report from Justin LaBar at WrestleZone.

News surfaced that Dixie Carter was to address the TNA locker room over the weekend, which she did prior to Monday night’s TNA IMPACT Wrestling tapings, however Carter noted that the company was not to be sold and that the tape library was not being sold to WWE at those tapings.