why do you think TNA wouldn't fold without TV?
No SpikeTV = no revenue, no revenue = no big paychecks for Sting, Kurt Angle, AJ Styles, Samoa Joe, Rampage Jackson, Bully Ray etc.
Panda Energy has wanted to dump TNA for years and only hasn't because Dixie Carter is the daughter of the real owner and CEO of TNA and she does the "daddy's little girl" shit and wines. TNA has been a money dump for Panda Energy for years, why wouldn't they fold it if their only revenue stream was lost?
They lose money every time they go on the road, even for house shows, TNA hasn't had one single profitable year in it's existence.
What purpose would an energy company have running it as an Indy Promotion? I doubt Panda Energy gives a fuck about it for the wrestling.