Georgia Championship Wrestling
In 1978, the Nine Network ceased coverage of WCW; with no TV coverage promoters were facing financial ruin, leading to the decline of professional wrestling in Australia. The "World Championship Wrestling" name was reused in 1982 by Georgia Championship Wrestling in the United States for its own TV program, which became the roots of the American promotion of the same name. At the time, the promotion's former owner, Jim Barnett, was one of the owners of Georgia Championship Wrestling.