New Japan Pro Wrestling has posted its largest revenues ever with over $50 million flowing into the company from mid-2018 to mid-2019. This is an increase of 10% from the 2017-2018 period.
In other good news, the financial reports also state that live event attendances are up for the sixth consecutive year. This is despite the promotion running fewer events than the previous year. NJPW World subscriptions are also up to over 100,000, accounting for approximately $10 million in revenue.
However, despite all this, profits for the company actually went down slightly from last year’s high of $7 million to $5.8 million due to increased operational costs of the companies continued expansion into the U.S., U.K. and Australian markets.
Those international markets also brought diminishing returns for the companies investment as losing several talents to AEW has hurt the companies ticket and merchandise sales in Japan.
To put this into comparison (and to illustrate the amount of overhead a big Pro Wrestling promotion has to spend) WWE 2018 revenue equalled over $932 million with a profit of around $99 million.
Sir Mitch Says: Pro Wrestling cotinues to grow in 2019.