Jim Crockett Promotions (JCP) was founded by Jim Crockett, Sr. in 1931 who also promoted other events like baseball, concerts and plays. They joined the National Wrestling Alliance (NWA) in 1952 and promoted shows in the Carolina's and Virginia.
He died in 1973 and his sons Jim, Jr. and David took over the company with Jim, Jr. becoming the owner. They began using the name Mid-Atlantic Championship Wrestling (MACW) as the promotions primary name for their TV shows. Prior to the younger Crockett's taking over the company, it was more of a Tag Team promotion but they steered it away from that while still having some Tag Team wrestling.
JCP were the first territory to actually expand, promoting shows in Tennessee, West Virginia, Georgia, Ohio and even further north in New York and Canada. JCP was seen as the main promotion of the NWA and many of the top stars like Ric Flair, The Anderson brothers (Gene, Lars and Ole), Wahoo McDaniel, Johnny Valentina and Paul Jones mainly wrestled there.
As the NWA World Heavyweight Championship was mainly contested there, the promotions main title the NWA Mid-Atlantic Heavyweight Championship was seen as a secondary title.
Crockett saw what Vince McMahon was doing and was the only territory able to keep up with him, especially after purchasing the Georgia Championship Wrestling (GCW) rights from him and airing their product on the WTBS.
In 1983, Crockett became the first wrestling promoter to host a pay per view, Starrcade which was hugely successful. Crockett wanted to go national like the World Wrestling Federation (WWF) and bought out several fellow NWA promoters which meant JCP became home to other top NWA stars like Harley Race, Dusty Rhodes, Magnum T.A., Arn Anderson, Tully Blanchard, Barry Windham, Lex Luger and Sting.
It is also where the legendary Four Horsemen began. Unfortunately due to many factors such as the rise of Hulkamania, the career ending injury of Magnum T.A., moving away from where their loyal fans were located, subpar booking by the likes of Dusty Rhodes and spending a ridiculous amount of money on jet's to fly the roster around they soon found out that they were a couple million dollars in the hole and sold the company to Ted Turner in 1988 which led to Turner creating the national promotion World Championship Wrestling (WCW) who after withdrawing from the NWA in 1993 almost put the WWF out of business in the late 1990's before folding in 2001.
WWF owns all JCP and WCW video archives.