5. The Business Is Cold Right Now
Now it’s not a great time for the wrestling industry in general. WWE has thrown all their chips on the table with the implementation of the WWE Network, essentially killing their own pay-per-view business in hopes of short term losses leading to long term gains. The stock has taken some massive hits lately, ratings are stagnant across the board and overall interest in pretty bland.The company is trying to remedy this by putting the focus on young, fresh faces at the top of the card and has done an admirable job of it, but as yet it hasn’t yielded any noticeable returns. Over in TNA, the #2 wrestling promotion is looking at being cancelled and off television entirely if they’re not able to secure another TV contract before October rolls around.
In short, it’s not a great time to be in the business. Payouts have been delayed and the structure for earning based on the Network revenue is still foggy. If wrestling is truly cyclical, then we are in the era in between boom periods, where the industry peaks in popularity. And if you’re CM Punk, that’s even less motivation to throw on you Best in the World hoodie and head back out to the ring.
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