TMZ has confirmed the rumors going around about Spike TV cancelling TNA. The report notes that Spike TV quietly let them know that they are not renewing their contract. They also noted that, according to multiple sources, Spike TV executives contacted TNA President Dixie Carter this week to break the news to her. She then informed members of her inner circle.
TNA’s current deal is said to run through October and it is not clear when Impact will stop airing on Spike. TMZ also noted that there is no bad blood and they gave TNA advance notice so they could shop around for a new TV deal.
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Sound like bollocks or is this bad for mainstream wrestling?