Dixie Carter, president of Total Non-Stop Action (TNA) Wrestling, has neither confirmed nor denied that she intends to make an offer to purchase alternative rock band The Smashing Pumpkins.
Carter simply replied “no comment” when asked at a recent TNA press conference whether she is the rumored prospective buyer of the band, which rose to prominence in the 1990s “grunge” era with hits including “Today” and “Tonight, Tonight.”
Smashing Pumpkins frontman Billy Corgan has also refused to comment on the rumors, but denies rampant allegations that the band has fallen on hard financial times.
Popularity of The Smashing Pumpkins has been in steady decline since their mid-1990s heyday, leading many to speculate that the group may be secretly up for sale.
Carter has dabbled in promoting independent bands — including a little-known Chicago band called Resistance — but has stated she is interested in full-time rock and roll promotion.
Some sources indicate that former WCW President Eric Bischoff is interested in creating a “supergroup” featuring Billy Corgan and Van Hammer.