TMZ is reporting that Impact Wrestling's television contract will not be renewed by Spike TV, effectively cancelling TNA's flagship show once the current contract ends. The report continues:
TNA Wrestling's flagship show "Impact Wrestling" could soon be without a home -- Spike TV quietly let the league know it's not renewing their TV contract … TMZ has learned.
Multiple sources with direct knowledge of the deal ... tell us Spike execs contacted TNA President Dixie Carter late last week to break the news -- and the following day Carter informed members of her inner circle.
TNA's current deal with Spike reportedly runs through October. It's unclear at this point when "Impact Wrestling" will stop airing on Spike.
The article also notes that Spike gave TNA advance notice of their decision so the company could potentially seek a television deal elsewhere. Click here for more.
We'll have more on this story as it develops.