Here’s the news story:
http://www.fightopinion.com/2006/06/05/fuji-tv-cancels-pride-for-good/
Heres a summary from wrestlingobserver.com:
–In what is likely to be the biggest news story in this business of 2006, The Fuji Network announced earlier today it was canceling its contract with Pride Fighting Championships. No reason was given, but it was due to the Yakuza scandal as reported in Weekly Gendai magazine. This changes the balance of power in the MMA world completely, as Pride will go from being the major player to a company whose future is very much in question. We’ll have a ton more on this in the next Observer. Right now things are just starting to be sorted out. While it may not have the finality as it causing the final end of the company, and certainly not as quickly this is every bit as big, if not bigger then when Jamie Kellner canceled wrestling on the Turner Networks in 2001. Pride’s profile in Japan is probably ten times that of WCW’s profile in the U.S. in 2001.
- dave meltzer
I don’t know if its true or not, because I dont see any official sources. Perhaps someone from Japan could shed light on the situation.