Destination America has made the decision to cancel TNA Impact Wrestling programming at the end of the third quarter, according to Dave Meltzer of the Wrestling Observer Newsletter. The cancellation is expected to go into effect in late September.Previously, word was that Impact was simply moving to Wednesday nights starting in June because of concerns over summer time ratings on Fridays. Memorial Day Weekend was slated to have a replay of Slammiversary 2014 instead of a lame duck episode of Impact that didn't really advance any angles, etc. At that point there were some who said the promotion was in serious trouble. At that time I didn't really think much of it because the moves made perfect sense. The issue seemed a bit more concerning when Meltzer mentioned that Destination America had an opt-out in September. It sounds like they are exercising that option now and TNA would appear to be in serious trouble.
Honestly, I can't say this news concerns me a ton though especially since hometown hero, AJ Styles has long left TNA for bigger and better things. I like the idea of more competition than less, but that promotion has repeatedly shown they don't know create a compelling product consistently. I hate it for the guys there like James Storm, Bobby Roode, Bobby Lashley, etc., but TNA itself has been an afterthought for so long I can't say I'm terribly broken up over its apparent demise.
When something official drops, I will share ASAP.
Again as the DOT article notes: This original source for this news item is Dave Meltzer of F4WOnline.com.