AEW is in trouble. The recent television rights deal with Warner Bros. Discovery may be reason for optimism, but that is nothing more than a band-aid. An influx of cash isn't going to solve the company's problems, which continue to turn off growing segments of the fanbase.
AEW experienced a 52 percent drop in viewership on Tuesday for its Title Tuesday edition of Dynamite, per postwrestling.com. Just 329,000 viewers watched one of the company's flagship events. In comparison, WWE's NXT drew 874,000 viewers, marking a huge victory for the wrestling juggernaut in its annual head-to-head with Tony Khan.
Unfortunately for AEW, not only is its viewership declining, but its ticket sales are struggling, too. According to Alfred Konuwa of Forbes, the company sold under 2,000 tickets for its Title Tuesday event, one of the worst-selling events in company history.
Last week's Dynamite sold 2200 tickets which marked the lowest Dynamite attendance in history outside of Daily's place
— Julian Weeks (@JulianWks) January 24, 2024
AEW has 1,820 tickets sold for tonight's show. If theres no big change then today's show will have the lowest attendance in Dynamite's history
- @WrestleTix pic.twitter.com/mZrr9Lnw5w
Such a drastic decline is a clear indicator that AEW's current strategy isn't working. The fans aren't resonating with the company's product, and the endless 20-minute matches have begun to wear thin. Eventually, in-ring work becomes repetitive if there isn't a stronger focus on the build-up leading to a match.
Khan could also be accused of pushing the wrong talents. We're seeing too much of Hologram and Komander and nowhere near enough of Wardlow and Ricky Starks.
AEW has been declining all year. The string of free-agent signings to begin 2024 hasn't had the desired effect. Kazuchika Okada has been criminally underused. Mercedes Mone appears to be a poor investment while Will Ospreay is proving to be a massive success. The creative department has also fumbled Jay White.
Given the elite roster available to AEW and the new influx of cash, there's no reason why it shouldn't be competing with WWE's developmental brand. AEW has everything necessary to rediscover the momentum that made it such a force between 2019-22.
However, right now, AEW is stale. It's repetitive. It's predictable. If it wants to survive and regain some of the traction it lost, changes must be made. That means revamping the on-screen approach, fixing the creative inconsistencies, implementing a brand split and doubling down on its social media marketing.
Otherwise, AEW's current decline could continue, and with it, its future in the industry could eventually be threatened. Professional wrestling is better with AEW. Hopefully, Khan can figure it out.
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