In a press release issued earlier by TNA Wrestling, the company announced that it plans to hold only 4 PPV events in 2013. The following is an excerpt from the press release:
"The 52 annual episodes of Impact Wrestling will lead to four, epic pay-per-view events commencing with Genesis January 13, Lockdown March 10, Slammiversary June 9, and Bound For Glory October 13."
Said TNA President Dixie Carter of the PPV format change, "The Pay-Per-View industry has changed so much in the last decade. The traditional Pay-Per-View wrestling model needed to evolve and we believe this strategy will positively impact not only the Pay-Per-View events but the weekly television programming as well."