TNA (which originally traded as "J Sports and Entertainment") was renamed "TNA Entertainment". In October 2002, Panda Energy purchased a controlling interest (72%) of Total Nonstop Action Wrestling. These shows took place mostly at the Tennessee State Fairground Sports Arena in Nashville, Tennessee, nicknamed the "TNA Asylum". Initially, TNA's weekly pay-per-view show operated as the company's main source of revenue, in place of monthly pay-per-view events used by other promotions. The original intention, as they were exclusive to pay-per-view, was to be viewed as an edgier product than WWE. Russo states that he coined the name "Total Nonstop Action", the initials of the company "TNA" being a play on " T&A". In July 2002, Vince Russo joined Jeff and Jerry Jarrett's NWA-TNA promotion as a creative writer and would assist in the writing and production of the shows.
Ryder suggested a company not reliant on television, but rather one going straight to pay-per-view.
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While on a fishing trip, Bob Ryder, Jeff Jarrett and Jerry Jarrett contemplated their futures in the professional wrestling business. The concept of TNA originated shortly after World Championship Wrestling (WCW) ended in 2001, with the World Wrestling Federation (WWF, later WWE) gaining a monopoly on the industry. Jeff Jarrett, one of the founders of Impact Wrestling (then TNA), Hall of Famer and six-time NWA World Heavyweight Champion Nonetheless, with the formation of All Elite Wrestling (AEW) that year, and that promotion's high-profile U.S television deal with TNT (which is seen in more households than AXS), Impact is still viewed as a smaller promotion by comparison. Since 2019, Impact has been thought by many to have recovered, through its sustained international television distribution, and the purchase by its parent company of AXS TV, which subsequently began carrying Impact programming. Television contract with Spike in 2014, as well as monetary and personnel issues, being noted as factors to their decline. Impact was viewed by some to have fallen behind longtime rival Ring of Honor in 2017, with the loss of their U.S. The promotion was purchased by Anthem at the beginning of 2017 and, in March of that year, was fully rebranded under its current name after its flagship, weekly television series.įrom its inception, the promotion had been considered the second-largest in the United States behind WWE. After the agreement ended in 2007, the company created its own TNA World Heavyweight and TNA World Tag Team championships. In 2004, the promotion became known as Total Nonstop Action Wrestling ( TNA), but it continued to use the NWA World Heavyweight and Tag Team championships as part of its agreement with the NWA. Įounded by Jeff and Jerry Jarrett in 2002, the promotion was initially known as NWA: Total Nonstop Action ( NWA-TNA) and was associated with the National Wrestling Alliance (NWA), though not an official member. It is a subsidiary of Anthem Sports & Entertainment. Impact Wrestling (stylized as IMPACT! Wrestling) is an American professional wrestling promotion based in Nashville, Tennessee. Television, pay-per-view, publishing, merchandise, music home video, video-on-demand, Streaming network serviceĪnthem Sports & Entertainment (2017–present) Scott D'Amore ( Executive VP - Impact).Ed Nordholm (Chief Corporate Officer - Anthem/President - Impact Wrestling).Leonard Asper (Founder/ President/ CEO - Anthem).
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