Total Nonstop Action Wrestling

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Revision as of 23:35, 5 March 2017

Total Nonstop Action (TNA) Wrestling is a privately held American professional wrestling promotion based in Nashville, Tennessee. Founded by its former President, Jeff Jarrett, and former Chief Executive Officer (CEO), Jerry Jarrett, in 2002 as J Sports & Entertainment, LLC (operated as NWA: Total Nonstop Action; a.k.a. NWA-TNA), it is the second-largest professional wrestling promotion in the United States, after IWE.

Panda Energy International purchased a controlling interest (71%) in the company in 2002 from Jerry Jarrett, re-incorporating it to TNA Entertainment, LLC in the process. Then, in 2012, Panda Energy divested itself of its stake in TNA. Jeff, the company's former Vice President, departed the company as Executive Vice President of Development/Original Programming on December 22, 2013, but remained as minority shareholder until his return on June 24, 2015. Jarrett's departure as minority shareholder, and therefore his complete departure from the company, came as a result of his return to the promotion, with the deal for his return including the transfer of his minority stake. According to reports, in 2012, when Panda Energy divested itself of its ownership stake in TNA, TNA's President and Panda Energy founder Robert Carter and President and Chief Executive Officer Janice Carter's daughter, Dixie, acquired said stake, making her TNA's majority shareholder. Then, in 2015, when Jarrett sold his minority stake, Dixie acquired that as well, placing her as TNA's sole shareholder, along with her continuing as President.

According to a report, on August 7, 2015, TNA filed a new business name of Impact Ventures LLC. It was reported near the beginning of 2016 that Aroluxe Marketing, a Brentwood, Tennessee-based marketing agency, had taken a stake in TNA at the start of 2016 in return for providing partial funding, as well as taking over TNA's production operations. It was reported on June 6, 2016 that Smashing Pumpkins frontman Billy Corgan acquired a minority stake in TNA from Dixie Carter, placing him as TNA's minority owner and Dixie's partner within TNA; however, it has since been clarified through a lawsuit Corgan has filed against TNA that he provided a loan to Dixie. Then, on August 12, 2016, TNA appointed Corgan as the company's new President and the transition of Dixie from President to the company's new Chairman and Chief Strategy Officer. It was reported on September 16, 2016 by the New York Post that Canada's Fight Network, through its parent company, Anthem Sports & Entertainment Corporation, had taken a stake in TNA. On November 4, 2016, the New York Post reported that Corgan had been removed as President, then on November 30, it also reported that Corgan had settled his lawsuit against TNA, with Anthem Sports & Entertainment Corp acquiring the loans Corgan made to Dixie in the process.

In late November 2016, it was reported that, once Corgan's lawsuit was settled, TNA would go through a restructuring period that would see ownership change, with Anthem taking 85%, Aroluxe 10%, and Dixie Carter 5%. It has also been reported that the management structure would change as well, with Carter remaining as Chairwoman of TNA and a member of TNA's Board of Managers; Anthem's Executive Vice President Ed Nordholm being added to TNA's board, along with representing it on all major operating & restructuring decisions; and Aroluxe's CEO Jason Brown becoming the company's CEO. On January 4th 2017, Anthem Sports and Entertainment purchased an 85% majority stake of the company, re-incorporating TNA's parent company to Anthem Wrestling Exhibitions, LLC, and Dixie Carter resigned as Chairwoman after 14 years in charge, while joining the advisory board of Fight Media Group. Ed Nordholm, Anthem's Executive Vice President, then took over Anthem Wrestling Exhibitions as President. Then, it was announced on January 5, 2017 that Jeff Jarrett had been brought back to the company by Anthem and would be employed as an executive consultant.

The company previously bore the NWA-TNA branding — at the time of its formation, it was associated with the National Wrestling Alliance (NWA). TNA was granted exclusive rights to both the NWA World Heavyweight Championship and the NWA World Tag Team Championship. TNA withdrew from the NWA in 2004, but was permitted to continue to use the championships until the NWA abrogated the agreement in May 2007. TNA became the first American promotion to make exclusive use of a six-sided wrestling-ring as opposed to the more traditional four-sided ring.

History

Formation

2004–2010

2010–2014

2015

2016

2017–present

Impact Zone, house shows and touring

Main article: Impact Zone

International partnerships

Features

X Division

Main artice: X Division

Six sided ring

TNA contracts

Main article: List of Total Nonstop Action Wrestling personnel

TNA Hall of Fame

Championships and accomplishments

Current championships

Main article List of current champions in TNA Wrestling

Defunct championships

Main article: List of former championships in Total Nonstop Action Wrestling

Other accomplishments

See also

• List of Total Nonstop Action Wrestling alumni
• List of Total Nonstop Action Wrestling personnel
• List of celebrities involved with TNA Wrestling
• List of TNA pay-per-views

References

External links