Update on TNA’s Status With Spike and its Next TV Deal

There has been a large state of confusion surrounding TNA and its impending television contract for its signature show, “Impact Wrestling.” However, after a series of events this past weekend, there appears to be some clarity.

Just last week, it was reported “Impact” was expected to stay with Spike on some sort of deal, for a lower figure. However, those reports have apparently since been refuted.

PWInsider noted earlier this weekend the company is expected to part ways with its broadcaster after nearly a decade of the show on the station. It is said Spike is looking to get out of the wrestling business, so TNA is out of luck in that regard. Spike wanted to give the company ample time to find a new television deal though, unlike how it hurt WWE’s stock back in 2005 as it negotiated a new contract.

The outlet says Dixie Carter & Co. are close to announcing a new deal with a new station “very soon,” and a deal may have already been signed. Carter teased last week on Twitter a deal would be publicly announced shortly.

Destination America has been thrown out as the most likely suitor for “Impact,” though its outreach is significantly smaller than Spike’s. It reaches just more than fifty percent of the United States, and it’s highest-viewed show does about what half “Impact” does on Spike.

A new deal would be expected to run about two years.

Editor’s Note

Well, it appears TNA will live on another two years, which is good for the business. But will it make much of an…impact?

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