Why Vince McMahon Has Failed To Kill AEW

Aubrey Edwards Cody
AEW/Lee South

AEW has proven itself capable of drawing and retaining the sought-after 18-49 demographic, and, per the Wrestling Observer, has vastly improved TNT's ratings on a comparative basis. Last year, TNT averaged ratings of 520,000 viewers on Wednesdays at 8 EST. Dynamite's success has seen an 82% ratings increase. This compelled TNT, after just months, to pay AEW a rights fee for Dynamite. This is a game-changer because it represents a far more significant victory than any weekly war, because the war isn't even of TNT's concern. AEW has drawn the demo, emerged as a key programming asset, and has been rewarded with the most significant deal since the closure of WCW. This was the case with the original deal, but if the asterisk of an advertisement split symbolised doubt, that doubt has now been eradicated.

As Dave Meltzer pointed out on Sunday's edition of Wrestling Observer Radio, AEW by virtue of signing this revised TNT deal became the second biggest wrestling promotion on the planet overnight; the deal alone is worth more than New Japan Pro Wrestling's collected revenue streams, and while Ring Of Honor is backed by a corporate monolith mightier than even WWE, the promotion is entirely dependent on Sinclair. It cannot survive on the revenue it generates, particularly now that so much money is being thrown around in a bid to compete.

WWE's goal was always to siphon viewers away from AEW by counter-programming Dynamite with its apparent analogue: NXT was meant to create an unbearable conflict in the minds of the viewer: which state-of-the-art, critically-acclaimed wrestling TV show to watch live, and which to DVR? Vince McMahon has failed in his mission of sabotage because, in effect, TNT has no-sold the very existence of NXT, because NXT has thus far only drawn around half of WWE's core 50+ base.

That's the why. But how?

CONT'D...(2 of 5)

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Contributor
Contributor

Michael Sidgwick is an editor, writer and podcaster for WhatCulture Wrestling. With over seven years of experience in wrestling analysis, Michael was published in the influential institution that was Power Slam magazine, and specialises in providing insights into All Elite Wrestling - so much so that he wrote a book about the subject. You can order Becoming All Elite: The Rise Of AEW on Amazon. Possessing a deep knowledge also of WWE, WCW, ECW and New Japan Pro Wrestling, Michael’s work has been publicly praised by former AEW World Champions Kenny Omega and MJF, and current Undisputed WWE Champion Cody Rhodes. When he isn’t putting your finger on why things are the way they are in the endlessly fascinating world of professional wrestling, Michael wraps his own around a hand grinder to explore the world of specialty coffee. Follow Michael on X (formerly known as Twitter) @MSidgwick for more!