WWE Chairman & CEO Vince McMahon does not see AEW as competition in the same way he once viewed WCW.
Vince was asked about AEW during today’s WWE Q2 2021 earnings call with investors. The caller noted that AEW seems to be making significant investments with their roster, and they are gaining in viewership, especially in the 18-49 key demographic. He asked Vince how WWE currently views AEW as competition, and if he feels WWE needs to counter AEW’s investments with their own additional roster investments, seeing as how WWE and AEW could be competing for media rights in the future, or if this is a “rising tides lift all boats” type of situation like there was back in the day with WCW.
Vince responded with the following comments:
“Well, it certainly is not a situation where ‘rising tides’ because that was when Ted Turner was coming after us with all of Time Warner’s assets as well. That was a different situation. AEW is where they are. I don’t really know what their plans are, all I know is what our plans are. I don’t consider them competition in the way that I would consider WCW back in the day, not anywhere near close to that. And I’m not so sure what their investments are as far as their talent is concerned, but perhaps we can give them some more.”
He did not elaborate on the last line.
Khan used the line that “everything” including “sleep” is competition.
Vince says I don't consider them [AEW] a competition in the way I considered WCW back in the day. I'm not sure what their investments are.
Nick says "it's sort of like a horserace where the horse has blinders on" At the same time everything is competition. Sleep is competition.
— Brandon Thurston (@BrandonThurston) July 29, 2021