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Originally Posted by Destor
but again the YTD is very healthy
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I wrote a decent breakdown of this a few days back in response to Damien also making that claim.
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Originally Posted by xrodmuc316
WWE gets $16 million+ a month from Peacock for those PPVs they "devalued". After the PPV providers cut, AEW would need to sell about 2.5 million for their quarterly PPVs to come close to the money WWE makes from their PPVs. Or in other words, AEW would need to get 12 times more people to buy their PPVs that bought All Out when they had all the buzz possible.
I guess if they could get every person who watches Dynamite to buy each PPV three times for no reason, well then they might be able to actually brag about their PPV revenue.
Of course, that would not make up for the money they do not make from their TV deal. $45 million a year for 3 hours of weekly TV is about $285,000 per hour. Or in other words, WAAAAAAAY less than what Tony Khan is paying his roster.
AEW is able to put on a good product because they are alright losing a ton of money. They are only successful because they do not have to run as a sustainable business. If AEW had to run only on the money they earn, they would have to cut the expenses a lot. That would mean guys taking big pay cuts, or being outright released.
Look, I like what AEW is doing far more than when they started. They still do odd things, but the good outweighs the bad. That said, no they are not a successful company. Its the opposite of what you said, regardless of how much wrestling fans like us may enjoy AEW, they are undeniably a unsuccessful money losing company and to say otherwise it’s just being willfully blinded by fandom.
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The truth is either every wrestler is lying about getting "the best contract and money" of their careers, or AEW is undeniably losing money. I also think I gave AEW more credit, assuming they get a 50%/50% split of the PPV money (that was the deal WWE had when the Network came out, based on the goal of a million subs). As a new company, AEW probably doesnt have that good of a deal, but for arguments sake that is what I based my post off of.
AEW is not a public company, neither is any of Shad's other ventures, so they can say whatever and we cannot disprove it, but based on the numbers we do get like PPV buys and TV deal, well they just do not support the claim that they are doing anything but bleeding money.
Its fine, im glad Shad is willing to let Tony lose money because it gives us more wrestling, but no amount of smoke and mirrors is going to validate the idea that this company is anywhere close to profitable.
All of your other posts in this thread are spot on, but I think you are giving them more benefit of doubt on the YTD.