http://www.rohwrestling.com/news/article.aspx?id=1999
I'd think work, but news sites are reporting it, too... I'm sure Meltzer will confirm or deny sometime today.
If true, this could have some interesting consequences for PWG. Supposedly one of the big conflicts between Cary and Gabe was the latter's hesitation about getting on TV. There's a chance that ROH will be setting up some kind of minor TV deal -- Versus or some fringe channel like that -- which could slightly raise the visibility of those workers. Could slightly boost PWG's drawing ability.
The other big thing is Low-Ki. Low-Ki's absence from ROH is believed to be due to a personal beef with Gabe... with Gabe gone, the odds of Ki returning skyrocket. That'd be a negative for PWG... the fact that they had Ki and ROH didn't was a potential drawing card in terms of DVD sales. There'll probably be some other talent shifts as well, so maybe certain ROH guys might become more bookable.
More generally, this really says interesting things about the ROH business model. They had to cancel a Florida double-shot a couple weeks ago due to poor advances, and they drew badly this weekend. Their DVD sales are apparently dipping. It's clear that that way of doing business simply isn't working for them the way it used to.
PWG's business model is slightly different in certain ways. PWG only runs one area, and runs it less often... PWG generally spends less on talent (though more on venue rental)... PWG offers savvy deals to encourage people to buy all of their shows, which ROH doesn't. PWG's business model has always struck me as the smarter one. But a trend that hurts ROH is likely to be affecting PWG a bit, as well. I wouldn't be surprised if PWG starts emphasizing locals more, or even goes back to one show per month most of the time (which has often ended up being the case anyway). The Guerrilla Six have steered things smartly so far, so I expect that they'll roll with this well. But it'll be interesting to see how things go from here.