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- Dec 04 2012 Publish
From Wikipedia - TNARead Full From Wikipedia
Total Nonstop Action (TNA) Wrestling is an American privately held integrated media organisation dealing primarily in professional wrestling, with major revenue sources also coming from live events, product licensing, and direct product sales. Founded by Jeff Jarrett and Jerry Jarrett in 2002, it is currently the second largest professional wrestling promotion in the world with the first being WWE, reaching over 1 million viewers in the U.S. and broadcasting its shows to more than 120 countries. Like other professional wrestling promotions, TNA's shows do not feature legitimate sporting contests. Instead, its programs feature storyline-driven combat sport matches with predetermined outcomes and fighting maneuvers that are worked, all promoted as legitimate bouts.
Robert W. Carter is the majority owner and chairman of the company after purchasing a controlling share of 71% in 2002 through company Panda Energy International, where he is head executive. In 2009, Carter became full Owner and Chairman when Panda Energy acquired the remaining share of TNA (29%) from the Vice-President and co-founder, Jeff Jarrett. Carter's daughter, Dixie, is President of the company. The company's headquarters are located in Nashville, Tennessee. The company previously bore the name NWA Total Nonstop Action as, at the time of its formation, it was a member of the National Wrestling Alliance (NWA).