Fresh off his victory in the legal tussle with Smashing Pumpkins’ frontman Billy Corgan to acquire an obscure U.S. wrestling company, Canadian media scion Leonard Asper says he is looking to buy more original media content.
Asper’s Toronto-based Anthem Sports & Entertainment Corp. reached an agreement with Corgan and Impact in late 2016 to acquire Tennessee-based Impact Ventures LLC, and its wholly owned subsidiary wrestling network TNA Entertainment (which once had the likes of Hulk Hogan on its roster).
Anthem already owned Fight Network, on which TNA wrestling was the second-most watched program, Asper said in an interview.
“We are evolving the company to be more of a content ownership company and purveyor of live events and fan experiences and data than just a pure channel,” said Asper, whose family built but later lost the Canwest Global Communications Corp. empire.
Anthem had a minority interest in Impact. Corgan filed an injunction against Impact claiming he was owed control of the company as part of a loan agreement, but lost that legal battle.