twitter google-plus feed2 chevron

Backstage News on Why Spike Doesn’t Want to Renew TNA, TNA on Other Networks?, More

– While Viacom, parent company of Spike TV, and TNA have both said they are still in negotiations, multiple sources have confirmed TMZ’s story that Spike informed Dixie Carter in a meeting that they were not interested in renewing the deal for Impact Wrestling.

Multiple sources report that there are two key reasons Spike doesn’t want to renew – they didn’t believe the product was cost effective for what they pay for it and the fact they were outright lied to about Vince Russo’s status with the company. TNA had already denied Russo working for them and when Russo meant to e-mail TNA employees but accidentally e-mailed Mike Johnson of PWInsider, TNA went into panic mode because Spike had made it clear they didn’t want Russo involved. We noted earlier today that Russo is once again done with TNA.

Spike TV reportedly wanted to make the situation as amenable as possible, which would be the opposite of what they did with WWE in 2005. Spike won’t be talking publicly about the deal or making any statements that would hurt TNA’s leverage. Apparently if TNA is able to land a new TV deal, Spike is willing to make the transition as smooth as possible. Even though TNA’s contract with Spike expires in two months, there’s been no word yet on a specific date that they will take TNA’s programming off the air.

There’s some speculation that Spike officials telling Dixie that they won’t be renewing the deal is just a hardball negotiating tactic, just like not having a deal this late is. Many people, including fans, point out that most major networks already have their fall primetime scheduled filled up. People in the TV industry do not believe that United Talent Agency, which has been representing TNA in negotiations, has a back-up plan. Within the TV industry, there is a lack of interest in pro wrestling due to the inability to get premium advertising revenue.

There’s also talk that Spike is willing to keep the show but wants to cut down on the licensing fees they pay. We’ve also noted that there’s speculation, even among industry experts like Jim Ross, that Spike could be looking to own their wrestling company by purchasing TNA, like they did with Bellator MMA.

Source: Wrestling Observer Newsletter

  • oppa

    When WWE got less money for their TV deal, that should have been a clear indication to TNA that they were going to have to take less money to stay on TV. To irony to all of this is that Dixie Carter removed Jeff Jarrett and all of his people for lying about his relationship with Karen Angle, only to turn around and maybe lose her TV deal for lying about Vince Russo’s status with the company. smh

  • katep864


  • katep864

    just before I looked at the bank draft which was of $4722 , I didn’t believe …that…my best friend woz like actually making money in their spare time from their computer. . there neighbor has done this for under 12 months and recently repaid the morgage on there house and got opel. For more information click FINANCIAL REPORT in ………. PAYRAP.ℭℴℳ

  • Jason Lentini

    Spike owning TNA would be better than Dixie.