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Bill Watts changed Mid South to UWF, and then sold the company to JCP.
Georgia Championship Wrestling was bought out by WWF, who basically just wanted the time slot on TBS to show reruns of matches. They eventually sold the slot to JCP, who moved his opperations to Atlanta.
JCP's show on TBS was called "World Championship Wrestling". When Turner bought JCP, he changed the company name to World Championship Wrestling.
All of these organizations were territories in the NWA until 1993, when Turner and WCW left the NWA.
Hope this helps.
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