TNA Wrestling
Total Nonstop Action Wrestling (TNA) is a privately held professional wrestling promotion founded by Jeff Jarrett and Jerry Jarrett. The company is active in the integrated-media industry, broadcasting its events on television and the Internet. TNA also gains revenue from live events, product licensing, and direct product sales. Dixe Carter is the President of the company and co-founder Jeff Jarrett is the Vice President. In 2002, Panda Energy International purchased a controlling share in TNA.
The company has its headquarters in Orlando, Florida; its trading company TNA Entertainment, LLC operates out of Nashville, Tennesse. The company previously bore the name "NWA Total Nonstop Action" — at the time of its formation, it was a member of 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, after which TNA created its own titles.
TNA became the first American promotion to make exclusive use of a six sided wrestling-ring (as opposed to the more conventional four-sided ring). However, in 2010, the company reverted back to the standard four sided ring. The organization also employed the unconventional rule that a championship can change hands as the result of a disqualification or countout, but has since phased out this rule.