TMZ reports that Spike TV has let TNA officials know that they will not be renewing their TV contract in October. No word yet on when Impact will stop airing.
Multiple sources with knowledge of the deal told TMZ that Spike TV executives contacted Dixie Carter this week to break the news. This is most likely why Dixie called the meeting at TNA headquarters recently.
TMZ reports there’s no bad blood and Spike apparently gave TNA such advance notice so it would have time to shop for a new TV deal.