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WWE Ticket Price Backlash: Fans Draw the Line, Cancelled Shows & The Future of Wrestling
Episode 76
Published 1 year, 4 months ago
Description
Full Podcast Summary / Notes (Timestamps):
00:00 – 01:15- Introduction: Fastest growing pro wrestling show, announcement about Coach and Bro launching on the Stadium Network, reaching over 110 million homes.
- Audience engagement: Super stickers, live chat, and how fans can get involved in the discussion.
- Growth of the show: YouTube numbers, national TV presence.
- Vince Russo on the state of pro wrestling vs. other sports.
- Honest take: Russo’s lack of passion for modern wrestling business compared to his love for baseball.
- WWE’s current business decisions and their impact on fans.
- WWE’s gamble: Four shows in four days at the same Florida arena.
- Discussion about ticket price hikes and impact on families.
- The fallout: NXT event canceled due to poor ticket sales (only 1,600 sold).
- Broader implications of overpricing; encouragement for fans standing up to high prices.
- Digging deeper: WWE’s costs, their business model, and reliance on wrestling as a piggy bank to pay off debts from other acquisitions.
- TV deals and why cancellations matter more than before.
- Insight into arena sizes, ticket sales, pricing (> $100 for NXT), and pipeline challenges.
- Vince’s view as a consumer, not just a wrestling insider.
- Candid anecdotes about the impact of ticket costs on families and the industry.
- Super stickers: Fan questions about blurring lines between wrestling characters (heels vs. faces), social media, and kayfabe.
- Coach’s pet’s interruption, adding a personal touch to the show.
- WWE’s ratings woes: Viewership decline, YouTube and Netflix business strategies discussed.
- Exclusive content, social media highlights, and concerns for long-term business health.
- Missing star power: Triple H management decisions, Karrion Kross and Cody Rhodes’ absences and implications.
- Missed opportunities in storytelling and authority figure roles.
- Star power shuffle, comparison to sports, and how few can really sell tickets.
- Issue of giving top stars extended time off despite struggling ratings.
- Why did TKO really buy WWE? Corporate family drama between Vince, Stephanie, and Shane.
- TKO’s focus: Using WWE profits to pay other debts, not growing the wrestling business.
- Summer’s always slow for wrestling, pressure on upcoming shows, star availability issues.
- Will TKO adjust strategies or double down? The critical importance of pivots in entertainment.
- Content as king: WWE’s value to networks and streamers.
- Russo’s consulting experience with USA Network.
- Revenue models, sliding scale discussions, and why networks lack leverage.
- Fun tangent: Paul Heyman, Bill Belichick, age-gap engagements, and marital humor.
- Tangible fan connections—the real value of personalities beyond the ring.
- Rapid-fire super stickers: Triple H, Roman Reigns movie rumors, main event talent not working enough dates, WWE’s business vs. Hollywood crossovers.
- Mercedes Mone on the creative differences between WWE and AEW.
- Changin