By the 1980s, Jim Crockett Promotions was, along with the World Wrestling Federation, one of the two largest promotions in the United States. The Crockett family sold a majority interest in the promotion to Turner Broadcasting System, which was acquired by Time Warner (later became WarnerMedia from 2018–2022, now known as Warner Bros. Discovery) in 1996, resulting in the creation of World Championship Wrestling from 1988.[4][1]