Posted by TNA Wrestling News Staff on Jul 31, 2014
Major Backstage Update – The TNA/SpikeTV Negotiations

Major Backstage Update – The TNA/SpikeTV Negotiations

Source: The Wrestling Observer Newsletter

Spike TV’s parent company Viacom is not planning on commenting on the current situation with Spike TV apparently not planning to renew iMPACT! Wrestling. A source indicates that Viacom does not want to ruin what little leverage TNA has. This is because when WWE returned to the USA Network in 2005, Viacom publicly announced that it was not renewing its deal for WWE Monday Night RAW. This hurt WWE’s negotiating power in the midst of a deal and caused a lot of professional bitterness between the two powers. Viacom wants to avoid a similar incident with TNA.

Two of the factors being discussed are how much Spike can make off staying in business with TNA and the issue with Vince Russo. The source says the Russo issue is not as big of a deal as people have made it out to be, despite Russo officially leaving TNA on Wednesday. The deal comes down to money at the end of the day. TNA’s iMPACT! Wrestling is still the top rated show on Spike TV and pulls in more viewers than any other programming on the channel. However, due to the money Spike TV is putting into iMPACT!, the costs of licensing, and the lack of significant ad revenue, Spike wants to make up for its losses by airing cheaper programming with better advertising in those time slots. A similar situation occurred with WWE Saturday Morning Slam and Main Event. Both shows drew better numbers than comparable shows on their respective networks, but both shows were not renewed for the same reasons.

If Spike TV does offer TNA a new deal, the offer TNA would have to accept is too low for the company to continue operating in its current form. TNA management promised the roster some type of good news by the next set of iMPACT! Wrestling tapings in two weeks. So we could know more about TNA’s future by around that time.

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9 Responses to “Major Backstage Update – The TNA/SpikeTV Negotiations”

  1. tna24 says:

    by the sounds of it tna might be looking for a new network. either way i hope for the best for tna, i love watching impact because it give us something different from wwe.

  2. Mr. Excitement says:

    I was thinking a major reason for Spike's lack of interest was all the money they've put into TNA with contracts and stuff but saw no increase in ratings/revenue. Hopefully something works out but I'm also intrigued to see if they join another network, which would it be and if TNA would thrive with them..

  3. Kyle says:

    Just let it go. I loved TNA, but in ’09 they started sucking pretty bad. Then Hogan and Bishcoff came in….

  4. Tomohiro Ishii #1fan says:

    btw i think they would find another network because they got good numbers for a network .

    and i think until now they never really thought to actually go to another network ,i mean UTA is working for TNA but i think only now they are really thinking about negotiations with others .

    and at this point even if spike at the last minute would offer the same amount of money of another possible network i would go to another network anyway

    • tna24 says:

      i wonder what network would even want them, i remember before they were even on spike i saw them once on fox sports. so i can see them have another choice but who

      • OldManEaston says:

        Somebody would probably want them, but the question is always going to be if TNA can survive at the reduced rate they are undoubtedly going to get from Spike, ION or whomever decides to give them a shot. There are just no answers for that right now. The word going around was that TNA's agreement with Spike was theirs to lose. They obviously lost it. I just can't get over the fact that TNA would do something so short sided and against their best interests like they did, to put their one major revenue stream in jeopardy. It gives me very little hope for them going forward.

  5. seabee44 says:

    if they moved to the CW network they could reach more homes and would have a real network to promote them on the channel

  6. geneticfreak26 says:

    CW would probably be a good place to start. MTV, FX, would all be good possibilities.

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