Total Nonstop Action Wrestling (TNA), a privately-controlled integrated-media and sports entertainment company, deals primarily in professional wrestling. It uses television, the Internet, and live events, with additional major revenue sources from product licensing and direct product sales. Dixie Carter Salinas is the president and chairwoman of the company and co-founder Jeff Jarrett is the vice president. As of 2005 Panda Energy International owns the majority of its shares.
The company has its headquarters in Orlando, Florida; its trading company TNA Entertainment, LLC operates out of Nashville, Tennessee. The company previously bore the name "NWA Total Nonstop Action" — at the time of its formation it belonged to 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 hexagonal wrestling-ring (as opposed to the more conventional four-sided ring). The organization also employed the unconventional rule that a championship can change hands as the result of a disqualification or countout, but has slowly phased out this rule. TNA's business focus is on professional wrestling, a simulated sport that consists of wrestling combined with acting and theatre. It is currently the second largest professional wrestling promotion in North America, behind World Wrestling Entertainment.
