TNA

Total Nonstop Action, also known as TNA, is a professional wrestling company founded by Jeff Jarrett and his father, Jerry Jarrett, and is currently owned by the TNA President, Dixie Carter and her parents, Robert and Janice Carter, funded by Panda Energy. The headquarters are located in Nashville, Tennessee. TNA gains revenue, aside from ticket sales and live events, by product licensing, merchandising, and direct product sales. TNA was founded in 2002, where Panda Energy purchased a controlling share of the company. TNA was part of the National Wrestling Alliance (NWA) until 2004, but was able to use the championships for the promotion up until the agreement was cancelled in 2007. TNA is the first promotion to use the six sided wrestling ring, opposed to the four sided traditional wrestling ring. However, in 2010 TNA went to the four sided traditional wrestling ring. As of 2002, the titles can change hands on a disqualification or a count out, but as of a few years ago, the rule was changed to normal professional wrestling rules and regulations.

Pay Per Views
Pay Per Views were used like in the World Wrestling Entertainment (WWE), but as of more recently went to three (sometimes four) Pay Per Views a year and have special events in place of their television shows on a monthly basis for a free Pay Per View event, as well as previously taped themed Pay Per View events under a "One Night Only" title. Their biggest event, equivalent to WWE's WrestleMania, is Bound for Glory. Unlike WrestleMania, Bound for Glory was held outside of the United States of America in Tokyp, Japan in 2014, something that never happened for a WrestleMania Pay Per View event.

X Division
The TNA X Division is very similar to that of the WWE's former Cruiserweight Division. It's usually 220 pounds and less that qualify to be an X DIvision superstar, with the exclusion of Samoa Joe, whom is classified as a Heavyweight and an X Division superstar. The X Division is a specific group that has high flying, risk taking superstars that do spotfests and aerial maneuvers.

TNA Contracts
TNA allows their contracted superstars to compete for any promotions, with the exception of the WWE, as long as it is not on a Pay Per View or iPPV event. A majority of the talent contracted with TNA are paid on a per appearance basis.