Quote:
Originally Posted by KingAnon
Wrestling's dead, man.
In 1983, 10 different promotions in the US drew 10,000 fans or more for an event. In 2020, with a lot more technology and 50 million new people, only 2 promotions could achieve it.
Raw's averaging under 2 million viewers, AEW and NXT combined can't hit 1.5 million. ROH has been dead since the MSG show and Impact is so low on the totem pole, it's not even worth discussing. I don't even think NWA has come close to making a profit yet. WWE's getting tons of money due to tv deals, but it's less people spending more.
New Japan is doing good, but Japan and Mexico are different beasts than the US. NJPW is still way down from its peak in the 90's and every name Japanese promotion has been sold to someone else in the last decade. With Mexico, it's part of the culture and the local arena's are a lot of the heart and soul of it, but CMLL is having to rely on foreign visitors which is not good at all.
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This is pretty much spot on. Also, the median age of a WWE fan who watches their weekly programming is 55. Young people don't watch it.
Not sure what it has to do with horse racing except for the aging fanbase, but since I actually know lower-level people in the wrestling industry, they've been preaching for years about needing new fans. It's tough when all of the people in charge are age 50 and up and think the 1980s are current. The only thing that's saved WWE is the desperate need for live sports programming and the rapidly declining standard of what a "good" TV rating is. Without those TV contracts, they're done. With them, they're making many millions a year.
