3 Reasons Why TNA Wrestling could go out of business like WCW

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Ever since Vince McMahon prospered in turning the WWE into a global empire, there has been a bevy of competitors vying to knock him off his perch. In the 80's countless regional outfits tried to compete with the WWE (then WWF) on a national level. These companies contained the Bill Watts owned UWF, Verne Gagnes AWA and the renowned NWA. None of which had the resources nor the business acumen to match McMahon. In the 90's, the Turner owned enterprise World Championship Wrestling, fathered a viable foe to the WWE. During its peak, WCW was outdrawing the WWE at house shows and conquering them every week in the Monday Night War ratings. However, as the 90's closed, so did WCW. Spear-headed by "Stone Cold" Steve Austin and The Rock, the WWE once again triumphed. In 2002, former WCW Heavyweight Champion Jeff Jarrett, alongside his father, long time promoter Jerry Jarrett, the two started Total Nonstop Action. Throughout its rocky tenure, TNA went through many trials and tribulations. However, as of late, the decade old company has become reminiscent of WCW in its dying days. Here are the t...

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