Tony Khan discusses the revenue growth for AEW in the first quarter of 2024.
AEW has undergone many changes in the past couple of years. Their pay-per-view schedule has expanded greatly and heading into upcoming media rights negotiations, Tony Khan has discussed the overall revenue growth for the company following the first quarter of 2024.
Tony tells Dave Meltzer of the Wrestling Observer Newsletter how the increasing pay-per-view schedule has led to an overall increase.
"Q1 2024, the revenue is significantly up. We’ve run more events. We added AEW Collision. AEW Dynamite is strong, we’ve had good attendance in some markets, year over year, attendance is up. In particular, a lot of successful shows in this run including Boston, Toronto, AEW Revolution was one of our top US gates ever. On the pay-per-view side, AEW Revolution is one of the biggest AEW pay-per-view shows of all time. It was our biggest pay-per-view since AEW All In and surpassed last year’s Revolution, which did really really well. The gate was up, the pay-per-view buys were significantly up. With more shows, more pay-per-view revenue, it’s been more revenue this year. Big growth there and a lot of opportunities. Also, our rights fees were higher with the 2024 option getting picked up vs. 2023 for Dynamite, and the addition of more shows, we had significantly higher revenue for 2024. It’s a big growth and big opportunities going into the media rights renewal year and continuing to grow the business going in 2025."
Fans can check out the pay-per-view schedule for the rest of this year for AEW at this link.
Fightful will have full coverage of AEW Dynasty on Sunday, April 21.
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