Gail Kim Update, Sting News, TNA Video Game Update, More

– TNA’s “iMPACT!” video game release has not been nearly as successful as initially hoped. Midway Games lost double what they expected during the third quarter. The company projected losses of $34 million, but now expect to lose $64 million in the quarter. Midway hoped the TNA video game would help save the quarter. Midway canceled two licenses, but spared TNA for the time being. It’s being said that sales for the TNA “iMPACT!” video game have not been good at all and the feeling is that if sales continue to disappoint during the holiday season, there will be no future TNA video game releases from Midway. Even if the game sells well during the holiday season, it won’t matter if the company goes out of business.

– For anyone wondering, reigning TNA World Heavyweight Champion Sting won’t be working any house shows as champion. Sting strictly works Impact tapings and pay-per-view events.

– TNA and UFC will be holding shows in the same city on the same date on January 17, 2009 in Dublin, Ireland. UFC will running an event at the O2 Arena whereas TNA will be a few miles away at the National Stadium. TNA added a second show in Dublin because ticket sales for the first one did so well.

– Dory Funk put out a press releasing saying that Gail Kim has been stripped of her Funking Conservatory Women’s Championship. Gail Kim defeated “The Claw,” Claudia Reiff to capture the title on Sunday, March 23, 2008. The press release reads: “Gail Kim was the last to hold the Funking Conservatory Women’s Championship and now Gail Kim’s commitments to future endeavors have resulted in her relinquishing her title and belt to the Funking Conservatory Board of Directors.” Instead, reigning TNA Women’s Knockout Champion Awesome Kong will be coming to the Funking Conservatory’s !BANG! TV taping this Sunday to face “The Claw,” Claudia Reiff. The press release also notes that if Reiff is able to gain a victory over Kong, “The Claw” could make a strong case for ranking #1 in next year’s Pro Wrestling Illustrated ‘PWI Female 50’ rankings.

– Sports Publishing, which has released a number of autobiographies on professional wrestlers such as Dusty Rhodes, Harley Race, Terry Funk & Tito Santana, officially filed for Chapter 11 bankruptcy on Wednesday, October 15. A growing number of authors have complained about not being paid by the Chicago-based company.