In an update on the status of TNA Wrestling’s television status, a report from The Wrestling Observer Newsletter notes that the company sent e-mails to talents informing them that the reports of Spike TV not renewing IMPACT Wrestling are false and that they are expecting good news and will update the wrestlers on the news when they have it.

The report also notes that while an exact figure is not known, as of 3 years ago, TNA Wrestling had lost $45m and while they slowed some of their losses, they are still losing money.