The WWE is the largest wrestling promotion of the world right now. They generate millions of dollars every year by selling professional wrestling events and fights. By signing the best wrestlers of the world, they have kept themselves on top of the professional wrestling world.
The only promotion that ever came close to beating a fully established WWE was WCW. The WCW failed to deliver high quality matches and storylines during the last few months of the Monday Night Wars. That led to them going out of business and Vince McMahon bought WCW with all of its assets.
That is why, so many WCW wrestlers started working for the WWE. Chris Jericho is one of All Elite Wrestling’s top talents. He is a former WWE and WCW wrestler. He was working as a wrestler during the Monday Night Wars. He spoke to Danny Cox recently.
Cox asked Jericho if beating the WWE on TV is actually a possibility. "I don't think so, as no promotions would go head-to-head as TV has changed. Before, you had to make a choice," Jericho said. "Now, everyone can DVR one show — or flip back and forth, or watch one now and the other later.
I do believe, though, that there is definitely room for another show on a national TV basis. That's one of the reasons I came to AEW, and something we're working on and are going to get very, very soon. It's a great time for that."