Kemo
02-19-2016, 03:02 AM
Lucha Underground Executive Producer Eric Van Wagenen has responded to a report by Dave Meltzer of f4wonline.com regarding the company’s future. This week, Meltzer reported that Lucha Underground currently has enough money to get them through the Season 3 tapings, which begin in May and will air in the summer of 2017. After that, the company will reportedly have to raise more funds in order to secure a 4th season.
It’s no secret that Lucha Underground is an expensive show to produce. It’s concerning that they do not have much revenue coming in to speak of, with a source telling Meltzer that Lucha Underground has lost as much money in 2 years as TNA lost after their first 10 years.
Eric Van Wagenen responded to reports about the company’s future:
The rumors of @LuchaElRey's demise have been greatly exaggerated. Perhaps check with a real source instead of the same old disgruntled one?
— Eric Van Wagenen (@EricVanWagenen) February 18, 2016
The network gives us a seasonal production budget and we produce the show for exactly that, not a penny more.Thats how TV works @LuchaElRey
— Eric Van Wagenen (@EricVanWagenen) February 18, 2016
There are still hopes of producing a Lucha Underground movie next year, but that will depend on the show continuing to grow in popularity and generating some level of revenue.
It’s no secret that Lucha Underground is an expensive show to produce. It’s concerning that they do not have much revenue coming in to speak of, with a source telling Meltzer that Lucha Underground has lost as much money in 2 years as TNA lost after their first 10 years.
Eric Van Wagenen responded to reports about the company’s future:
The rumors of @LuchaElRey's demise have been greatly exaggerated. Perhaps check with a real source instead of the same old disgruntled one?
— Eric Van Wagenen (@EricVanWagenen) February 18, 2016
The network gives us a seasonal production budget and we produce the show for exactly that, not a penny more.Thats how TV works @LuchaElRey
— Eric Van Wagenen (@EricVanWagenen) February 18, 2016
There are still hopes of producing a Lucha Underground movie next year, but that will depend on the show continuing to grow in popularity and generating some level of revenue.