News IMPACT Wrestling Cancelled by Spike TV?

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Dolph'sZiggler

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Wait, could this not be just random bullshit? TMZ or whatever they're called started this, apparently, and it spread but what if Spike's undecided and Dixie called a meeting for something else and they're going to announce a new TV deal later this week? plz. :((
TMZ is on the money way more often than not
 

CFCrusader

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I'd take TMZ over most wrestling dirtsheets.

Oh shit, so it's 99.9% legit then. I'd never heard of them tbh, assumed they were some of those typical bullshit gossip celeb websites.
 

Leo C

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Well, if this is indeed true, and it was because of Russo, :lol1:. But yeah, if they found a new network it'd be interesting.
 

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PWinsider.com asked representatives at Viacom, parent company of SpikeTV, for comment on the TMZ story that they had decided not to renew TNA Impact. We were told:

"Per Viacom company policy - we don’t comment on ongoing negotiations."

Obviously, that would mean they are still in negotiations with TNA.;

1:34 PM update.

TMZ reported earlier that Spike TV has broken off negotiations with TNA and would not be carrying Impact after the current contract expired in October.

Dixie Carter just tweeted the following in response to the story:

"Negotiations with @SpikeTV are ongoing. Stay tuned and be sure to tune in this Thursday night for Ultimate X on [HASHTAG]#ImpactOnSpike[/HASHTAG]!!"

Obviously, she is refuting the TMZ story, which you can read below.

Also, TNA executive Bob Ryder tweeted:

"Reports are not true. Negotiations with @SpikeTV are ongoing."


***
 

Red Rain

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Testify = Optimist Prime
A cat could pull out his gat, go point blank on TNA's skull, pull the trigger and Testify wouldn't bat an eye.
 

Red Rain

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I was totally shocked when I heard this... you gotta be kidding, impact is fine on spike
Not, quite If Spike isn't promoting the program they aren't benefiting the program.
TNA is struggling financially, but they are still giving Spike at least their #2 weekly rating.
It's inexcusable. Spike should be fired, honestly. When it comes down to nuts and bolts, Spike has dropped the ball.
If Spike doesn't want to continue the partnership, that is their right. TNA deserves promotion, they've proven that.
 

Just Kevin

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Interesting perspective from Jim Ross... could the "ongoing negotiations" be for the purchase of the company?

WWE Hall of Famer Jim Ross has posted a second blog on jrsbarbq.com today discussing TNA’s situation with Spike TV. Ross commented on speculation that Spike could be looking to purchase TNA and that other networks may be interested in picking them up. Here’s part of what he wrote:

“So, Sunday night TMZ reports that Spike TV isn’t renewing their current TV rights fee arrangement with Impact Wrestling. I assume that to be true based on how TMZ presented the story but I’m on the outside (luckily) looking in. Today TNA/Impact says that negotiations are still on going with Spike while Spike says that they don’t comment on “on going negotiations.”

I knew the ‘spin’ on this matter would be prevalent once I heard the news Sunday night and whether or not this info is ‘spin’ or merely an update to settle things down, I don’t know.

In the world of negotiations, Spike may simply be trying to pay a much lower rights fee to TNA than in the past and have made their position clear by saying that we are not renewing the deal at the current numbers.

Could Spike be thinking like TBS, Turner Broadcasting Systems, when Jim Crockett Promotions found themselves in financial trouble and TBS bought WCW and perhaps be looking to add a pro wrestling brand to their list of properties? Spike/Viacom recently bought out MMA company Bellator….which definitely needs a new name…BTW.

Those would be two fresh, first run programs that appeal to a primary male demo and that seems to be the Spike profile or so it seems to me based on their current programming more often than not.

Why would Spike want to get rid of one of the few shows on their network that garners over 1M viewers per week in prime time? That makes no sense to me but Spike negotiating to keep TNA at a lower dollar does.

Every once in a while many businesses have to hit the reset button and essentially start over with their infrastructure. Simply from what I hear it seems as if that is a timely thing to do for TNA and that process seemingly has already started. ‘Crisis Management’ was practiced daily by my department in WWE back in the day because we were always only a key injury, etc or two away from being in a dilemma.

Many of today’s corporations are too fat and produce too much waste including having multiple people seemingly doing the same tasks. WWE has stated that they are reducing their overhead in a significant way much like we did in the mid 90′s and that down sizing seemed to work out well for WWE over time.

Even though the news of TNA ‘leaving’ Spike is startling to many, especially those that take care of their families via the monies that they earn from TNA, I have a gut feeling that this is a matter that is still in play and that there well could be other cable networks who will have an interest in a TV show that ‘s first run and can bring a solid audience with them if they change networks.

The key to that last sentence is IF Impact changes networks.”

Read more: http://www.pwmania.com/jr-comments-...na-interest-from-other-networks#ixzz38oIfn1WQ
 

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At the current time, TNA has no new deal in place for Impact. When TMZ reported earlier this week that Spike has broken off negotiations and told TNA and they were not renewing the series, it created a day of hell for the office, who had no idea it was coming because according to numerous sources Spike never told them any such thing.

Currently, TNA is still talking with Spike (which was confirmed when we asked SpikeTV for comment) as well as other outlets. Obviously, negotiations haven't gone well enough to sign a deal, but the sides are still talking. They may or may not come to a new agreement.

UTA is handling the negotiations for TNA and then reporting back to the office, including Dixie Carter. From what I was told, she has not personally been involved in negotiations, which makes sense as TNA hired UTA to do that very thing for them.

- PWInsider
 

Red Rain

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Little update...

In an update, The Wrestling Observer is reporting that while Spike TV officials informed Carter of their decision, Carter actually told her staff in a meeting this past Friday that TNA Wrestling had made the decision to leave Spike TV "on their own volition due to a lack of promotion."

The Wrestling Observer further reports that Spike TV's decision to cancel Impact Wrestling came just days after the television network found out that Vince Russo was still working for TNA Wrestling.

Source

So Spike actually cancelled but Dixie told her staff it was her decision to walk away from Spike... I guess she's trying to feel like she is actually in control of everything when in actuality everything is in a downward spiral. Should be interesting to see what happens now.
Essentially The Wrestling Observer got it wrong.
 

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Essentially The Wrestling Observer got it wrong.

Funny how Observer in that report says the deal is in fact cancelled and giving us some other 'facts', yet in other report from yesterday from Observer, they talk about a potential new deal and ongoing negotiations, lawls. Fucking prick journalists-

Is this Scott Templeton or what?