World Championship Wrestling

World Championship Wrestling, Inc. (WCW) was an American professional wrestling promotion company based in Atlanta, Georgia. It began as a regional (mid-Atlantic U.S.), National Wrestling Alliance (NWA)-affiliated "territory" promotion – Jim Crockett Promotions – until November 1988, when Ted Turner (through his Turner Broadcasting System business) bought the promotion, whose struggle to compete with Vince McMahon's World Wrestling Federation (WWF, now WWE) had left it near bankruptcy. Immediately after the buyout, the promotion was renamed the Universal Wrestling Corporation (UWC) and consisted of Crockett's business assets; however, it was soon renamed again: World Championship Wrestling (the title of the promotion's weekly TV series, which had aired on TBS for many years prior).