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It was purchased by Turner in 1988 from then NWA President Jim Crockett , which were several different NWA territories, after Vince McMahon refused to sell Turner the WWF. Turner then named it NWA World Championship Wrestling. See Jim Crockett Promotions for the pre-Turner history of WCW.
WCW became a separate group in 1991, when the NWA would not recognize the creation of a WCW World Heavyweight Title. However, the federation was, by most measures, running a clear #2 to Vince McMahon's WWF (now WWE).
WCW's fortunes began to change after former commentator and AWA booker Eric Bischoff took over. Bischoff began recruiting high-profile WWF stars like Hulk Hogan and Randy Savage, around 19941994 is a common year starting on Saturday, and was designated the International year of the Family''. Events January events January 1 North American Free Trade Agreement (NAFTA) goes into effect January 6 Nancy Kerrigan is clubbed on the right leg by an. Bischoff put his faith in the recruits, seeing Hogan defeat 14 time WCW World Champion Ric FlairThe "Nature Boy" Ric Flair (born February 25, 1949 in Memphis, Tennessee) has been one of the leading personalities in professional wrestling since the 1970s. His birth name, depending on the particular documents examined, was Fred Phillips Fred Demaree o at Bash at the Beach '94 , which drew a very high pay-per-view buyrate by WCW standards.
While this was a bold step for Eric Bischoff, it did not meet the expectations of Turner executives after a year. Ratings and financial performance were still poor when the new acquisitions weren't performing, and as WCW was dependent on their star power, Hogan and friends enjoyed lighter work schedules. The WWF was still perceived by most, to be the #1 federation in North America.
The other bold step by Bischoff was the launch of the weekly show WCW Monday NitroMonday Nitro was the weekly Monday night television program, put on by the now defunct Atlanta-based World Championship Wrestling (WCW), from 1995 until 2001. It ran head to head with the WWF (now WWE) show " Monday Night Raw. The creation was a brainchil. The newly launched Nitro, WCW's flagship show, competed head to head with the WWF flagship show Monday Night Raw, which then screened on the USA NetworkThe USA Network is a popular cable TV network based in the United States with about 87 million household subscribers as of 2003. The network shows a variety of original and second-run programming, from syndicated TV series to edited movies. USA also shows. Nitro, which aired on Turner's TNTTNT is a three-letter abbreviation for Trinitrotoluene, a chemical explosive. TNT is a three-letter abbreviation for Turner Network Television, a cable television network. TNT-9 is a television station in Launceston, Australia. TNT Air Cargo is an interna cable network, made its debut from the Mall of AmericaThe Mall of America (also MOA or MoA is a shopping mall located in the Twin Cities suburb of Bloomington, Minnesota. The mall became the largest shopping mall in the United States when it opened in 1992. However, the mall is not and has never been the lar, and featured the shock appearance of then WWF wrestler Lex LugerLawrence Pfohl (Lex Luger (born June 2, 1958 in Buffalo, New York) is an American professional wrestler. Pfohl was a student at Pennsylvania State University. A metal plate was inserted into Pfohl's forearm after a serious motorcycle accident he suffered on a week where Raw was off the air. In the head-to-head ratings the following week, Nitro managed to defeat Raw.
WCW also began recruiting stars from ECW to set up a cruiserwieght division. Additionally, WCW announcers were known to give away the results to the WWF's pre-taped Raw shows (at the time, Raw tended to tape three or even four weeks of shows at once, with only one or two live broadcasts per month).
However, for most of the following year, the ratings battle between the 2 federations would be close.