AEW President Tony Khan has expressed his optimism for the future of the company regarding its next TV deal that expires after next year.
Dave Meltzer reported in the Wrestling Observer Newsletter on the growth in revenue for AEW from 2022 to 2023. He wrote,
“In 2023, the company’s revenue grew 64 to 69 percent to $170 million to $175 million based on what we were told by one of the few people who would know best. Others have claimed they were told by people who know that it would not be quite that high, but the increase was still well over 50 percent. But even so, the company is not believed to be profitable.”
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AEW President Tony Khan is optimistic about the future of All Elite Wrestling (AEW) as the company’s current TV deal is set to expire next year. This comes as revenue for AEW has seen significant growth from 2022 to 2023.
According to Dave Meltzer’s report in the Wrestling Observer Newsletter, AEW’s revenue has grown between 64 to 69 percent, reaching a range of $170 million to $175 million in 2023. This information was provided by a reliable source who is knowledgeable about the company’s financials. While some others have claimed that the increase may not be as high, it is still believed to be well over 50 percent. However, despite the revenue growth, AEW is not yet profitable.
This news showcases the positive trajectory of AEW and its potential for further success in the future. With a strong fanbase and a growing presence in the professional wrestling industry, AEW has been able to generate significant revenue. The company has gained popularity for its unique approach to storytelling and its focus on showcasing talented wrestlers from around the world.
As AEW’s TV deal approaches its expiration, there is anticipation and speculation about what the future holds for the company. A new TV deal could potentially provide AEW with even greater exposure and financial opportunities. It is crucial for AEW to secure a favorable TV deal that allows them to continue their growth and reach a wider audience.
Fans and industry insiders will be closely watching as AEW negotiates its next TV deal. The outcome of these negotiations could have a significant impact on the company’s future direction and success. A successful TV deal would not only provide financial stability but also help AEW expand its reach and compete with other major wrestling promotions.
In the meantime, fans can stay updated with all the latest wrestling news on eWrestlingNews.com, a reliable source for wrestling-related content. Additionally, they can follow eWrestlingNews on Twitter and Facebook for regular updates and discussions.
Overall, AEW’s revenue growth is a positive sign for the company’s future prospects. With Tony Khan’s optimism and the support of a dedicated fanbase, AEW has the potential to continue its upward trajectory in the professional wrestling industry. The upcoming TV deal negotiations will be crucial in determining the next chapter of AEW’s journey.