Tony Khan recently spoke with The Hollywood Reporter to promote the AEW ALL IN 2023 premium live event this Sunday at Wembley Stadium in London, England.
During the discussion, the AEW and ROH President spoke about
Featured below are some of the highlights from the interview where he touches on these topics with his thoughts.
On how AEW grossed well above $100 million dollars in 2023: “I typically talk about how I reinvest a lot of money. I have reinvested a lot of the money we gross in this business. Last year, we grossed over $100 million. This year, we’ll gross far more than $100 million – we’ll see where it ends up. But last year was $100 million, this year is going to be a lot more with video game revenue [for AEW Fight Forever, released this summer], Wembley revenue and the addition and [weekly TNT show, launched in June on TNT,] Collision. So our grosses will be far higher this year, and I’ve reinvested much of the money we’ve grossed back into the business.”
On how he’s still working off the original investment AEW received back in 2019: “I’m still working off the original investment into the business, but have not had to put in more. And then we are reinvesting money to grow it as an international business. We’ve launched the video game, expanded the TV calendar, expanded the pay-per-view calendar and the merchandising. We have a valuation of, well people have approached me with billion-dollar offers. So the business has grown. I’m not turning over huge cash profits. But as we approach the new media rights renewal, that is really the key not only to weekly profitability and cash flow, but also another large multiplier on top of the business valuation.”
On whether he will take AEW public: “I’m not interested in that at this time.”
Check out the complete interview at HollywoodReporter.com, and join us here at PWMania.com on Sunday for live AEW ALL IN 2023 results coverage from London, England.
