Belief that AEW has not been profitable despite successful events such as All In at Wembley Stadium

In the latest Wrestling Observer Newsletter, Dave Meltzer of F4WOnline.com discussed AEW business in 2023. Meltzer brought up several successful events during the year such as All In at Wembley Stadium but then noted the following about AEW’s growth in revenue from 2022 to 2023…

“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.”

AEW President Tony Khan has publicly been optimistic about the company’s future. While promoting the 2023 AEW Worlds End PPV event, Khan said “there will likely be a lot of suitors for AEW“ when it comes to the brand’s next media rights deal.