Reports are circulating that WWE has acquired the TNA Video Library.

Jim Ross addressed the rumors earlier on his “Ross Report” podcast stating that a deal is “imminent”, but not yet confirmed.

Furthermore, Justin LaBar of the CSR Show & WrestleZone has received word from multiple sources that the deal is done.

Also, Billy Corgan will become the new majority owner & will be rebranding the company.

There’s no word on whether or not WWE will acquire any talent from TNA, but we have to believe that there would be interest in signing some wrestlers.

We will keep you posted on this developing story.

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