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    World Championship Wrestling
    professional wrestling, sports entertainment

    World Championship Wrestling

    United States flagUnited States

    "The promotion that sparked the Monday Night War"

    Founded October 11, 1988 Atlanta CEO: Ted Turner
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    About

    World Championship Wrestling, better known as WCW, was a powerhouse in American professional wrestling from 1988 to 2001. Media mogul Ted Turner bought the assets of Jim Crockett Promotions, a key National Wrestling Alliance territory, and launched WCW under his Turner Broadcasting System. For over a decade, it stood as the WWF's biggest rival, and for a stretch in the mid-1990s, it actually beat Vince McMahon's company in the ratings war.

    Under the guidance of Eric Bischoff, who took over as executive producer in 1993, WCW shifted to more reality-based storylines and snatched up former WWF stars like Hulk Hogan, Randy Savage, and Kevin Nash. The promotion also built a reputation for its cruiserweight division, featuring high-flying, lucha-inspired wrestlers like Rey Mysterio Jr. and Eddie Guerrero. In 1995, WCW launched Monday Nitro, a live weekly show that directly competed with WWF's Monday Night Raw, sparking the famous Monday Night War. From 1996 to 1998, Nitro beat Raw in the ratings for 83 straight weeks.

    But the tide turned in 1999. Creative missteps and the WWF's rise in popularity led to a sharp decline in ratings and revenue. The 2001 merger of AOL and Time Warner, which owned Turner, sealed WCW's fate. The company was sold to the WWF, which snapped up its video library, intellectual property, and select contracts. The corporate shell lingered until 2017, but WCW's impact on wrestling remains a hot topic among fans and historians.

    Products & Sub-brands

    WCW Monday NitroWCW ThunderStarrcadeBash at the BeachHalloween HavocWCW/nWo Revenge (video game)

    Frequently Asked Questions

    Who owns WCW now?
    WWE owns all WCW assets, including the video library, trademarks, and intellectual property, having purchased them from AOL Time Warner in March 2001 for approximately $4.2 million. WWE continues to use the WCW brand for archival content and nostalgia programming.
    Is WCW still in business?
    No, WCW is not in business. The promotion ceased operations in March 2001 when it was sold to WWF (now WWE). While the corporate shell existed until 2017, WCW has not produced any new wrestling content since its final Monday Nitro broadcast in March 2001.
    Who was the CEO of WCW?
    Ted Turner was the owner and ultimate authority over WCW through his Turner Broadcasting System, though Eric Bischoff served as the executive producer and effectively ran day-to-day operations from 1993 onward. Turner's corporate empire provided WCW's funding and distribution platforms.
    Was WCW better than WWE?
    During the peak of the Monday Night War from 1996 to 1998, WCW Monday Nitro beat WWE's Raw in the ratings for 83 consecutive weeks, making WCW the dominant promotion at that time. However, WWE ultimately won the war as WCW's creative quality and finances collapsed from 1999 onward, leading to WCW's sale to WWE in 2001.
    What is WCW worth today?
    WCW's current value is not publicly documented, but its video library and intellectual property are considered valuable assets within WWE's extensive archive. When sold in 2001, WCW's assets went for approximately $4.2 million, though the historical and archival value of the brand has likely appreciated given continued fan interest and WWE's use of the content.

    Keywords

    WCWTed TurnerEric BischoffMonday NitroMonday Night WarnWoStarrcadeprofessional wrestlingAtlanta

    Sources

    Company Info

    Founded
    October 11, 1988
    Founder
    Ted Turner
    CEO
    Ted Turner
    Headquarters
    Atlanta
    Industry
    professional wrestling, sports entertainment
    Parent Company
    Turner Broadcasting System (later AOL Time Warner)
    Status
    Defunct (sold to WWF in 2001)

    Official Website

    www.wwe.com/classics/wcw/

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