posting a non-schizo balanced opinion
Meltzer's business analysis is generally correct. Also in no world is TNA anywhere close to number 2.
That said, TNA have been in a period of sustained growth in terms of live attendance and hot crowds. Meltzer has always had a problem with TNA and in the past has false reports that they are close to dying.
For example, last year in May he reported that things weren't looking good because they had no shows booked after Slammiversary. This was, however, simply the normal booking timeframe for the company. However the 'sheets ran with Meltzer's news and created the impression that TNA was perpetually in trouble. I think this stems from Meltzer's disdain for TNA's style of wrestling.
