Black Saturday (professional wrestling)
McMahon's purchase led to a longstanding rivalry between himself and WTBS owner Ted Turner, who later bought GCW's successor on the network Jim Crockett Promotions (JCP) and formed his own company under the World Championship Wrestling (WCW) name.The only other cable deal available at the moment was the one GCW had with WTBS; if McMahon was able to acquire this time slot, he would hold a monopoly on all nationally televised professional wrestling in the United States.The July 14 program opened with show co-host Freddie Miller (Solie was absent for reasons never made clear; he either resigned in protest or was terminated following the purchase, as were many other people involved with the former GCW regime) introducing McMahon and welcoming the WWF to WTBS.First, Turner made an offer to Bill Watts, a promoter who ran Mid-South Wrestling out of Oklahoma, to take a Sunday afternoon timeslot on WTBS.[6] McMahon was not happy with either of Turner's decisions, thinking his control of GCW would make the WWF the exclusive wrestling company on WTBS.At the time, Crockett was trying to counter the WWF's national expansion by unifying the remaining NWA territories that McMahon had not driven out of business into one nationwide unit.Turner's decision to give timeslots to Watts and Anderson indirectly led to other wrestling promotions gaining national cable television contracts.