The coronavirus pandemic has affected all businesses and even though wrestling companies have found a way to continue their programming, the promotions are losing money on cancelled events and live audiences. During his recent appearance on AEW Unrestricted podcast, president Tony Khan talked about this loss in revenue and discussed the possibility of releasing talents due to it.
Khan first discussed how they were on schedule to do shows with some of the largest audience in the company’s history between Revolution and Double or Nothing. He then admitted that they have lost millions of dollars in live event revenue and there might come a day when they have to let some people go, but he claimed that now is not the time:
“We’ve lost millions and millions of dollars in live events. I don’t take it lightly, but I can’t take it out on the people that work here because it’s not their fault.” said Tony Khan. “We’ve really not let anybody go here as a company, and look, I’m gonna be honest, there’s gonna come a day where somebody, we’re gonna have to, but now is not the time.
This is a hard time for everybody. It’s a hard time for us, but I have to look at the bigger picture. In the big picture, we’re in such good shape. We’re the second healthiest wrestling company in the world, and that’s a really great place to be. And we haven’t let a single person go to do it.”
Tony went on to explain how eventually they are going to have the audience back at the shows but the revenue they have lost in between will not be coming back. Apart from this, he also talked about putting together the recent AEW tapings, being excited for the upcoming Double Or Nothing PPV, and more.
