TKO Executive Says WWE Cutting Back On Live Events Even More In 2025
WWE Continuing To Change Business Model
TKO Executive Vice President Paul Heyman says that WWE will continue to decrease the number of live events they hold. The news comes after WWE made major changes to their business model in 2023. Those changes included moving to a five-day work week for their wrestlers. They also announced plans to cut their roster. According to Heyman, WWE plans to hold just over one hundred live events in 2025. That is a significant decrease from the one hundred fifty events they hosted in 2023. However, Heyman stated that the company is looking to increase the number of quality premium live events they present.WWE switched to a more premium event strategy in 2023. The company used to hold a monthly pay-per-view event. Now, they schedule five major live events each year: Royal Rumble, Elimination Chamber, SummerSlam, WrestleMania, and Survivor Series.
WWE has not commented on the decision to cut live events. However, the move is a sign of the company's changing business model. Vince McMahon's vision for WWE was to provide wrestling to as many fans as possible. That meant holding events in various cities and towns throughout the year.
However, the rise of streaming services has changed the way fans consume wrestling. Now, fans can watch WWE programming on Peacock. This has led to a decrease in WWE's live event attendance.
WWE is also facing increased competition from All Elite Wrestling. AEW is a new wrestling promotion that has quickly gained popularity. AEW holds weekly television shows and pay-per-view events.
WWE's decision to cut live events is a sign of the times. The company is facing challenges from both streaming services and other wrestling promotions. WWE is adapting its business model to meet these challenges.
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