WCW was one of the biggest wrestling promotions of the world. They were almost as big at WWE and they even beat WWE in TV ratings for a time. The WCW had some of the best wrestlers of the world working for them. A few of WCW’s superstars joined the WWE after the company went out of business.
The best WCW stars became Hall of Famers. Booker T is a good example of a WCW wrestler that became a WWE Hall of Famer, twice! He is also a former WWE Heavyweight Champion. Former WCW announcer, Tony Schiavone was at the Edge and Christian podcast.
He spoke about the fall of WCW and what exactly went wrong. He stated that WCW fell because of WCW Thunder. "Obviously, things went downhill and there [are] many things you can point to to it, but I really think that because they wanted us to do a new show, which was Thunder, I think that's what started our trend downward," Schiavone opined.
"I remember Eric saying he had a meeting with production and that they want us to do another show for TBS. Nitro was great on TNT, so they wanted a weekly show for TBS and he said, 'I don't think we can do it - I don't think we have the manpower to do it.'
And he said, 'unless Ted Turner comes to me and says we have to do it, we're not going to do Thunder.' And so, we all left the meeting feeling like we weren't going to do it. It wasn't called Thunder at the time, but there was no way we were going to do a weekly TBS live show.
And I guess Ted came and said we're going to do it because it wasn't long after that, a month or so after that, we started doing it."