The good old days of wrestling, before Vince McMahon Jr. went national with the WWF, were the territories.
Many territories were owned and promoted by wrestlers, such as Dick Afflis and Stu Hart. In these territories the owner/wrestler or a close relation such as a son or son-in-law would be the main draw.
Territories still exist today, but not in the same way as the days of old. In today's age, territories are called independents, and fans usually have to rely on video tapes and the Internet to keep up with these new promotions.
Gone are the days of morning or late-night weekend wrestling shows. Usually, the local television station would have the shows taped in the studios. The television stations would take on production costs because wrestling was usually the highest rated local broadcasts.
The television broadcasts were commercials for the real money, the live events. In wrestling today, the money is in merchandising and pay-per-view, not live gates.
Many of the basic storylines were used in all territories and are still used today.