Earlier this week, it was announced that Dixie Carter -- the president of TNA Wrestling -- and Keiji Mutoh -- the founder of Japans Wrestle-1 promotion -- would hold a press conference in New York City prior to the Impact television tapings. On Wednesday, June 25th inside NYCs historic Manhattan Center, Carter and Mutoh announced that this years Bound for Glory pay-per-view will take place in Tokyo, Japan at the famous Korakuen Hall. This will be the first time TNA will hold a live pay-per-view outside of the United States. The company had previously taped two One Night Only on-demand events overseas -- Jokers Wild 2 from the UK and Global Impact Japan from Tokyo. Bound for Glory, however, is not just a one-off pay-per-view. Rather, it is TNAs equivalent of WrestleMania -- their largest event of the year. Furthermore, the 2014 event will be the shows 10th edition. This is a huge move for TNA, and it shows that their working relationship with Mutohs Wrestle-1 promotion is beginning to potentially bear fruit. Additionally, Korakuen Hall is a very prestigious and well-known building for professional wrestling. Being able to potentially seat about 2,000 fans inside, it op in April of 1962 and was originally used to house the boxing matches for the 1964 Summer Olympics. Soon after, puroresu began to invade the structure and has continued to take place there ever since. Korakuen Hall has the distinction of holding events by every wrestling promotion in Japans history and is often referred to as Japans Madison Square Garden. In all, this seems to be a huge opportunity for TNA to gain some larger recognition, both in Japan and the United States. As well, it shows continued growth and strengthening of the relationship between the company and Japans Wrestle-1. Korakuen Hall and the city of Tokyo hold a lot of honor and prestige in the wrestling world -- TNA is surely hoping some of that will rub off on the company and its stars. Only time will tell what is to come of this move by TNA and if it will be truly beneficial to the company. For the time being, however, TNA has garnered some attention at home as well as in Japan for this announcement -- one which has fans on both sides of the globe excited to tune in on October 12th to witness the first international edition of Bound for Glory. What are your thoughts on TNAs most recent announcement? Share them with us by leaving a comment below.