The COVID-19 pandemic has brought the whole world to a standstill, and wrestling business hasn’t stayed safe from the wrath of the deadly virus. One of the biggest revenue sources for WWE and AEW is the presence of people in the arena, which brings ticket sales as well as merchandise.
Both the companies have been going without fans for over two months now, and have had to cancel several big-ticket events. The television ratings aren’t anything to write home about, but somehow AEW turned a profit in the month of April, according to Wrestling Observer Newsletter.
The loss of revenue from fans has hurt All Elite Wrestling, but taping all their shows together, along with the merchandise sales online, has helped them to stay profitable in these trying times.
It is believed that AEW shooting plenty of shows at one go in April, reduced the cost of producing weekly television content. It doesn’t make up for the revenue stream which would have otherwise been obtained from the live audience shows, but it brought down the costs significantly.
AEW returned to live programming last week and is currently building up for the Double or Nothing PPV, which takes place on May 23. It was originally planned to take place from MGM Garden Arena in Las Vegas, but those plans are out of the picture.
The company is currently shooting from the Daily’s Place in Jacksonville, FL, which will also be the host for the major PPV. Double or Nothing was AEW’s arrival last year, and its sequel was set to draw in a huge crowd as well.
One of the matches on the card is a Casino Ladder Match, with the winner getting a future AEW World Championship opportunity. Colt Cabana, Darby Allin, Fenix and Orange Cassidy were the confirmed participants for the match, and now AEW has introduced Kip Sabian and Scorpio Sky into the matchup.
There are three more entries left, in what is shaping to be a fantastic encounter.