World Championship Wrestling

World Championship Wrestling

World Championship Wrestling Inc., d/b/a World Championship Wrestling (WCW), is a defunct American professional wrestling promotion, historically based in Atlanta, Georgia. It began as a regional (mid-Atlantic U.S.), National Wrestling Alliance (NWA)-affiliated "territory" promotion, Jim Crockett Promotions (JCP), 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 business was renamed the Universal Wrestling Corporation, and soon after as World Championship Wrestling, which had been the name of JCP's flagship television show. In its early years, WCW was buoyed by established NWA performers such as Ric Flair and Dusty Rhodes, along with emerging stars like Lex Luger, and Sting, who would go on to be dubbed "The Franchise of WCW". In the mid-1990s, WCW dramatically improved its economic performance, largely due to the promotion of Eric Bischoff to Executive Producer; the hiring of renowned WWF stars Hulk Hogan, Randy Savage, Roddy Piper, Diesel (Kevin Nash) and Razor Ramon (Scott Hall); the introduction of the Monday Nitro series on cable TV, and the resultant Monday Night Wars with the WWF's Monday Night Raw; the creative and marketing execution of the New World Order (nWo) brand/stable of wrestlers, which involved Hulk Hogan's shift from perennial fan-favorite to prominent villain; and other innovative concepts. WCW also developed a popular cruiserweight division, which showcased an acrobatic, fast-paced, lucha libre-inspired style of wrestling. Over the next several years, the promotion facilitated the main event rise of performers such as Bill Goldberg, Booker T, Diamond Dallas Page, Scott Steiner, Jeff Jarrett, Eddie Guerrero, Chris Benoit and The Giant (later Big Show in the WWF). WCW eclipsed the WWF in popularity throughout the United States for much of the latter-1990s. However, numerous financial and creative missteps led to the company losing its lead over the WWF. In 2001 selected assets were purchased by the WWF. Since then, WCW images and video footage have been widely distributed in WWE-owned media. Two separate subsidiary companies existed as immediate successors to WCW. WCW, Inc. is the WWE subsidiary established in Delaware in late 2000, initially as W. Acquisition Company, which holds the rights to the WCW video library and other intellectual property. The former WCW entity, which retained liabilities not acquired by WWF, was renamed back to the Universal Wrestling Corporation; it was listed as a subsidiary of Time Warner until 2017, when it was merged into Turner Broadcasting System.


Gene Okerlund:
My guests at this time, as you know, just getting the duke in that tremendous tag team matchup, Maxx Payne and Cactus Jack. Gentlemen, I can call you gentlemen can I not Jack?

Cactus Jack:

Gene Okerlund:
Can I talk about the Nasty Boys with you?

Cactus Jack:
I'd like to talk about something else first. The Flintstones, Gene. I love the Flintstones. But you answer me this: [screaming] How many times does Fred have to buy the ribs before he realizes the car's gonna tip over? [laughing]

Gene Okerlund:
[laughing] I know that story! Give me a break!

Cactus Jack:
Well let's check back into reality. The fact is that Fred Flintstone's a cartoon character and Cactus Jack is just a mortal man. But not when it comes to the Nasty Boys! I'm not mortal anymore! I'm Cactus Jack! and this is Maxx Payne. Which means January 27, Clash of the Champions, on live national TV! We're going to take those gold belts from around your disgusting, fat, putrid waists and put 'em on our fat putrid waists! Gene, trust me, it'll be a do time, a dabba do time, we'll have a gay old time! BANG BANG!

Maxx Payne:
Sounds to me, Jack, like you just carved us out a place in history. Well let me tell you something, Nasty Boys, look at Jack and look at Maxx, because we are pitiful. Oh yeah we're despicable, we're as low as you'd ever want to go, and I'll tell you something Nasty Boys, you're looking at the team of the 90s, because, you know what, anybody could identify with us, man. Because we're madmen, and there's an insanity that runs among the two of I that's inexplicable. So Nasty Boys, when you look at Cactus Jack and Maxx Payne you better remember one thing man, how Nasty do you want to be, Cactus Jack and Maxx Payne will get as nasty as you want to be.

Gene Okerlund:
All right gentlemen. Coming up in a week and a half on TBS, the 27th of January, these two men will meet the Nasty Boys on the Clash of the Champions.

Cactus Jack:
[Interrupting] We'll have a gay old time! BANG BANG! [the theme from "The Flintstones" starts playing as the show goes into a commercial break]

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