rarety of wrestling promotions

Question
hello
       i want to know why there are so few wrestling promotions to enjoy in mainline which people know of , there are many in 80s but today there are only few wwe, tna and minor having hardcore fans is roh but no one knew about it until its an hardcore wrestling fan
               i want to know why anybody dont want to put there money in this business i it had so less competetion,why there is only one to have compare with (wwe) and to have monopoly
                       if there are so many billionares and rich peoples why cant they invest to put a wretling company or why is theres no competetion.I thinkyou can understand what i want to ask

Answer
Well, back in the 80s, wrestling was moving out of territory days. So, no one company was the big dog, you had a ton of them. The NWA was the overall banner promotions worked out of. They were still called WCW, WWF, etc. but then afterward they were still known as a part of the NWA territories. McMahon had the idea to break away from that and create a global business. It went over very well, but then had some competition in WCW within the '90s. After ECW and WCW went down, there was no one else to compete with WWE. WWE grew so much and became the only game in town. So they kept growing to a global power and even more so into the entertainment and business world. They were publicly traded since 2000, so they always had the resources to keep going.

TNA is no where near taking WWE down, as even their highest iMPACT numbers can't compare with WWE's secondary show in SmackDown who gets in the 2.0s, a number TNA has never seen.

The issue is that, because WWE is such a superpower, and TNA is taking up TV time, if a person tries to get a promotion going, they're gonna end up losing a lot before getting a lot. Even Vince McMahon declared bankruptcy before he became a billionaire.

Many business men see Pro-Wrestling as lowbrow, meaning they don't equate it to anything big and don't want much of a part of it. Donald Trump for instance loves wrestling, but would never start his own company because of how hard it would be to start it. Then the issue is getting top guys in or creating top names. And that is not easy whatsoever.

TNA didn't get Sting or Kurt Angle until they went to Spike TV and could offer a lot of money to both. Sting was offered a multi-million dollar deal by WWE to work with them, but TNA offered a lighter schedule and just a little bit less than WWE. So, more people go to TNA for the schedule now. This is why you rarely see young names go to TNA that are top names. Because the top guys are still going to be in WWE because they're making a nice paycheck.

WWE has so much money to use they can afford to buy ROH and TNA if they wanted to. WWE could care less about buying them. Plus TNA and ROH are not up for sale at this point. People ask, why doesn't WWE just buy TNA and ROH, they have the money! It's because they have to be selling the company first obviously.

WWE has proven "sports entertainment" and even pro-wrestling can be big. But the issue is that when they proved that, they were making money and mot losing any. Even WCW, one of the most popular companies ever, was losing money per year while WWE gained. So even back then, the top companies lost money except WWE. That's mainly due to Vince's business skill. WCW also basically stole names McMahon created. Look at their roster, every name that was big seemed to be a former WWE name.

But that's the point. Even if another company came up, they'd try and get names from WWE. Why watch a show that's getting lower seed WWE guys when you could watch, well, WWE?

See what I mean?