AEW’s Profitability Questioned Despite All In at Wembley’s Success

AEW has experienced considerable growth since its debut back in 2019, but the journey has been marked by numerous changes, both good and bad. The growth might be consistent, but it is believed that the company isn’t profitable despite AEW All In at Wembley’s massive success.

AEW All In is certainly the company’s biggest event yet and it made history in many ways. Tony Khan previously announced 81,035 fans as the attendance for AEW All In at Wembley, but it was then revealed that the official numbers were inflated.

In the latest Wrestling Observer Newsletter, Dave Meltzer discussed AEW’s business in 2023. Despite successful events like All In at Wembley Stadium, he noted a substantial revenue growth of 64 to 69 percent, reaching $170 million to $175 million.

However, Meltzer pointed out that despite this increase, the company is still not believed to be profitable. This might not come as a surprise to many, who believe AEW still hasn’t done nearly enough to make a difference in the business.

“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.”

Tony Khan also compared AEW’s declining ratings to Monday Night RAW’s situation recently. Regardless, only time will tell whether AEW will eventually end up becoming a profitable company, as things don’t look good right now.

What’s your opinion on this story about AEW’s profits? Do you feel the company still has a lot of time before it can become profitable? Let us know in the comments section below!