redirects here . for the video game see tna wrestling video game . for the tv show see impact wrestling . impact ventures llc 1 trading name nwa total nonstop action 2002 2007 total nonstop action wrestling 2007 present formerly called j sports & entertainment llc 2 2002 tna entertainment llc 3 2002 2016 type private industry professional wrestling founded may 10 2002 2002 05 10 3 founders jeff jarrett jerry jarrett headquarters nashville tennessee united states 3 4 area served worldwide 5 key people dixie carter chairman and chief strategy officer 6 billy corgan president 6 dean broadhead chief financial officer al ovadia chief marketing officer 7 john gaburick executive vice president of television production 7 owner dixie carter majority billy corgan minority 8 aroluxe marketing minority 9 fight network minority 9 website official website total nonstop action tna wrestling is a privately held american professional wrestling promotion based in nashville tennessee . founded by its former president jeff jarrett and former chief executive officer ceo jerry jarrett in 2002 as j sports & entertainment llc 2 operated as nwa total nonstop action a.k.a. nwa tna it is the second largest professional wrestling promotion in the united states after wwe . 10 11 panda energy international purchased a controlling interest 71 % in the company in 2002 from jerry 12 re incorporating it to tna entertainment llc in the process . then in 2012 panda energy divested itself of its stake in tna . jeff the company s former vice president departed the company as executive vice president of development original programming on december 22 2013 but remained as minority shareholder until his return on june 24 2015 . jarrett s departure as minority shareholder and therefore his complete departure from the company came as a result of his return to the promotion with the deal for his return including the transfer of his minority stake . 13 14 according to reports in 2012 when panda energy divested itself of its ownership stake in tna tna s president and panda energy founder robert carter and president and chief executive officer janice carter s daughter dixie acquired said stake making her tna s majority shareholder . then in 2015 when jarrett sold his minority stake dixie acquired that as well placing her as tna s sole shareholder 15 along with her continuing as president . 16 according to a report on august 7 2015 tna filed a new business name of impact ventures llc . 17 it was reported near the beginning of 2016 that aroluxe marketing a brentwood tennesse based marketing agency had taken a stake in tna at the start of 2016 in return for providing partial funding as well as taking over tna s production operations . 9 it was reported on june 6 2016 that smashing pumpkins frontman billy corgan acquired a minority stake in tna from dixie carter placing him as tna s minority owner and dixie s partner within tna . 8 then on august 12 2016 tna fully transitioned to the impact ventures business name as well as announcing the appointment of corgan as the company s new president and the transition of dixie from president to the company s new chairman and chief strategy officer . 1 it was reported on september 16 2016 by the new york post that canada s fight network had taken a stake in tna . 9 tna s headquarters are located in nashville tennessee . the company previously bore the nwa tna branding at the time of its formation it was associated with 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 . tna became the first american promotion to make exclusive use of a six sided wrestling ring as opposed to the more traditional four sided ring . contents 1 history 1.1 formation 1.2 2004 2010 1.3 2010 2014 1.4 2015 1.5 2016 present 2 impact zone house shows and touring 3 international partnerships 4 features 4.1 x division 4.2 six sided ring 4.3 tna contracts 4.4 tna hall of fame 5 championships and accomplishments 5.1 current championships 5.2 defunct championships 5.3 other accomplishments 6 see also 7 references 8 external links history edit main article history of total nonstop action wrestling formation edit jeff jarrett one of the co founders of tna hall of famer and former king of the mountain champion the concept of tna originated shortly after world championship wrestling wcw ended in 2001 . bob ryder jeff jarrett and jerry jarrett went on a fishing trip and contemplated their futures in the professional wrestling business . 18 only one wrestling product remained on united states national television the world wrestling federation wwf . ryder felt that this situation led many television stations to regard wrestling as bad for business so he suggested a company not reliant on television but rather one going straight to pay per view . 18 the jarretts found the financial backing they needed and the company put on its first show on june 19 2002 . that night however in a dark match just before they went on the air a 450 lb wrestler named cheex hit the ropes with so much force that one of them broke . the estimated repair time was 30 60 minutes which they did not have because the schedule called for them to go live in a few minutes whether the ring was ready or not . backstage the producers shuffled the schedule so that some non wrestling segments went first to give the ring crew some more time but they did not have many of them . the ring crew fixed the rope with the help of ron and don harris and everyone went live hoping for the best . 18 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 . these shows started on june 19 2002 and took place mostly at the tennessee state fairground sports arena in nashville tennessee nicknamed the tna asylum . after 27 months and 111 ppvs tna began 19 holding a weekly television show and monthly three hour pay per views . the last weekly ppv took place on september 8 2004 . tna xplosion launched on november 27 2002 as tna s first regular cable show and featured exclusive matches from the tna asylum as well as exclusive interviews with tna wrestlers . on november 18 2004 the show became a recap show of the previous week s impact in light of alterations in the taping schedule . xplosion resumed airing exclusive matches billed as xplosion xclusives once more on october 7 2005 in addition to recapping impact . the xplosion xclusives also aired on the now ceased tna global impact internet show . airing of xplosion in the united states ceased at the end of 2006 although some of the exclusive matches can be seen on tna today . 2004 2010 edit in may 2004 tna wrestling announced that they would be including a television program on fox sports dubbed tna impact at soundstage 21 universal studios florida . 20 the transition included the use of a six sided wrestling ring 21 22 the implementation of the fox box displaying competitors and timekeeping for the match 23 and a generally more sports like style than the sports entertainment style exemplified by the wwe . 23 with the switch to cable television tna discontinued their weekly pay per view shows in favor of a monthly 3 hour pay per view format as previously utilized by wcw and ecw and as currently used by wwe . in november 2004 tna held the first of these pay per views victory road beginning the pattern of pay per view shows that continued until 2013 . the television contract with fox sports expired in may 2005 and was not renegotiated leaving tna without television exposure . 24 this prompted tna to air impact via webcasts originally made available via bittorrent and eventually via realplayer and on urban america television replacing xplosion . during this time tna continued pursuing a profitable television deal for regular broadcasting . 25 26 tna later secured a deal with spike tv and aired its first episode on october 1 2005 . 27 in october 2006 tna began holding select pay per views outside of its central filming location the tna impact zone in orlando florida with bound for glory 2006 . in april 2006 tna announced a partnership with youtube whereby tna supplied youtube with exclusive video content in exchange for hosting leading to the production of internet shows . in january 2007 tna s mobile content deal with new motion inc. led to the introduction of tna mobile and mobile fan voting . 28 tna has also launched tna u tv ; podcasts aired through youtube to help promote the company . 29 impact expanded to a two hour format on october 4 2007 . 30 on june 21 2009 tna launched an online video vault subscription service where subscribers could watch past pay per views by choosing one of three payment options . 31 on october 23 2008 tna made the transition to hd and since then all programming has been broadcast in high definition . 32 in addition tna introduced a new hd set that included new lighting and several large high resolution screens . 33 2010 2014 edit in 2010 tna hired professional wrestling legend hulk hogan and former wcw president eric bischoff . both obtained a position behind the screen bischoff was part of creative and hogan a consultant and made some changes . they also hired many high profile ex wwe wrestlers including ric flair rob van dam mr. anderson and jeff hardy while returning to a four sided ring . on february 15 2010 tna made a new deal with spike tv which moved impact to monday nights directly opposite of raw although the network kept the thursday night slot open for repeats of the monday night shows . the first episode took place march 8 2010 . 34 on may 3 2010 tna announced that impact would be moved back to thursday nights re branded as tna thursdays . 35 at the same time the company also announced that spike had picked up tna reaction stylized as tna reaction or alternatively as tna reaction which became a regular one hour docu series on june 24 2010 . reaction focused on the stories and characters of tna wrestling and preview the upcoming episode of tna impact 36 37 tna wrestling president dixie carter announced on january 13 2011 that on february 24 2011 the promotion would be holding impact tapings at the crown coliseum in fayetteville north carolina . 38 on may 3 2011 tna impact was re branded impact wrestling . 39 40 41 on november 7 2011 tna announced that it had reached a deal with ohio valley wrestling ovw to become tna s official developmental territory . 42 in december 2011 tna debuted their new india based subsidiary promotion ring ka king . 43 on may 31 2012 impact wrestling began airing live at a new start time of 8pm est on thursday nights . 44 the live schedule would continue throughout 2012 . 45 on july 11 directv the carrier of spike blocked all viacom stations affecting tna viewership from directv subscribers . 46 on july 20 directv announced that it had reached an agreement with viacom and had added back all 17 removed channels which included spiketv . 47 on january 31 2013 tna announced that they would begin taping impact from different venues around the united