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Wrestling-Online Newsletter #7313


 

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Thursday, August 8, 2024 Issue #7313
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//->> OPENING WORDS FROM THE EDITOR

Last night's Dynamite got a lot of negative feedback, which is rare for an AEW show. I kinda get maybe not presenting the best show when you know the majority won't watch because of the Olympics. Sucks for the hardcore fans, but it's a tactic I can understand.


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//->> NEWS FROM THE WRESTLING-ONLINE NEWSWIRE
Web version at


TWO MATCHES ADDED TO ALL IN
- Two more matches were announced for the upcoming AEW All In pay-per-view from Wembley Stadium. A casino gauntlet match will be held on the show and the winner of the match will get an AEW World title shot at a later date. This is the third casino gauntlet match, with the previous two won by Will Ospreay. The other match announced features the current AEW Trios champions The Patriarchy taking on either The Bang Bang Gang or House of Black. A match between the two teams - with Christian Cage as the referee - will be held at Collision this Saturday to determine who goes on to Wembley. There were rumors that Death Triangle were originally penned for the trios match but with Penta and Fenix seemingly on the way out, plans had to be changed. All In is live on Sunday, August 25 from London, England. Tickets are available at Ticketmaster.co.uk.


BRITT BAKER APPEARS ON DYNAMITE...VIA VIDEO
- Sporting a red AEW jacket, Britt Baker appeared on Dynamite last night, via video, after her real-life suspension ended. Baker showed up on screen to interrupt Mercedes Mone who was gloating in the ring after Kamille won a handicap match. Tony Schiavone broke the news to Mone that Tony Khan overruled the EVPs and lifted Baker's suspension and she was there, kinda, via video. Baker tore into Mone and told her that we all know that when things don't go her way, she just takes the ball and go home, referring to when she walked out of WWE a couple of years ago. The dentist vowed to get her hands on the champion next week on Dynamite. The former AEW Women's champion was suspended for a week two weeks ago for a backstage altercation with MJF and his girlfriend Alicia Atout. She did not appear on last week's Dynamite, with Mercedes Mone saying that she had her suspended by the EVPs.


AEW LOWERS SOME TICKET PRICES FOR TV TAPINGS FROM CARDIFF
- AEW has lowered the price of some tickets for its Dynamite and Collision tapings from Cardiff which are set for Wednesday, August 21. The 5,000-seater Utilita Arena has over 1,500 tickets left for a complete sell-out, and some tickets have gone down in price to ?47.65 each. Most of the tickets remain high with two weeks to go for the event, with the next cheapest price at ?85.55. AEW seems to have adapted WWE's pricing strategy for this show, with ringside seats at a whopping ?397.85. Tickets are available at .


NICK KHAN WORKING ON SECURING MORE SHORT-FORM DEALS FOR WWE
- During the conference call with investors, TKO President and Chief Operating Officer Mark Shapiro revealed that WWE President Nick Khan is working on several other short-form deals for WWE which they hope to announce soon. The last short-form deal that WWE signed was with Elon Musk's social media company X for WWE Speed, a weekly show airing exclusively on the platform featuring quick matches with a time limit. WWE also had Mixed Match Challenge airing on Facebook years ago but that ended in 2018 after just two seasons. In the same call, Shapiro also put over Paul "Triple H" Levesque big time and credited him for WWE staying hot while breaking records along the way.


NXT RATING
- Night two of NXT's Great American Bash drew 534,000 viewers this week, up 66,000 viewers from the prior week. Changing to SyFy obviously affected NXT's viewership and so did its competition in the form of the Olympics. NXT drew a 0.16 rating in 18-49, u 0.01 from last week. The show returns to USA Network next week. (Ratings credit: Wrestlenomics)


TKO ANNOUNCES Q2 2024 FINANCIAL RESULTS
- TKO this morning announced financial results for its second quarter ended June 30, 2024. "TKO generated strong financial results in the quarter, highlighted by record quarterly revenue and Adjusted EBITDA," said Ariel Emanuel, Executive Chair and CEO of TKO. "In light of this continued momentum, we are raising our full year 2024 guidance for the second quarter in a row. The strength in our underlying business continues to give us great conviction in TKO¡¯s ability to deliver sustainable long-term value for shareholders." Revenue increased 179%, or $546.0 million, to $851.2 million. The increase reflected an increase of $89.2 million at UFC, to $394.4 million, and the contribution of $456.8 million of revenue at WWE. Net Income was $150.7 million, an increase of $68.9 million from $81.8 million in the prior year period. The increase reflected the increase in revenue partially offset by an increase in operating expenses. WWE revenue was $410.3 million for the period from April 1, 2023 through June 30, 2023. The increase of 11%, or $46.5 million, was primarily due to an increase in live events revenue and an increase in media rights and content revenue. The increase in live events revenue was primarily related to an increase in ticket sales revenue. The increase in media rights and content revenue was primarily related to holding one additional premium live event compared to the prior year period and the contractual escalation of media rights fees. These increases were partially offset by a decrease in third-party original programming due to the timing of delivery. Consumer products revenue was relatively flat primarily reflecting an increase in video game licensing revenue offset by the previously disclosed transition of the venue merchandise business to Fanatics in May 2023. The full report can be accessed at


TKO STOCKS UP 8%
- Following the better-than-expected TKO Q2 2024 financial results, TKO stocks shot up nearly 9% during the trading day. A new all-time high of $120.08 was reached and stocks were trading at just over $118 as of press time. Stocks opened the day at $112.38. Year-to-date, TKO stocks were up a whopping 45% after opening on January 2 at $80.34.


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