TNA Wrestling executive Bob Ryder says reports stating that Spike TV has canceled Impact are not true. The following is from his verified Twitter account:
Reports are not true. Negotiations with @SpikeTV are ongoing.
You can read the Tweet in its original format embedded below:
We have complete details on the Spike TV/TNA situation, with how much money TNA is currently making and dollar amounts in proposed new deals. We also have details on the stumbling block that resulted in the cancelation report. You can read that report in its entirety at this link.