5 Ways All Elite Wrestling looks like WCW, and 5 ways they are unique

2. Similar to World Championship Wrestling: Entering a crowded marketplace.

There are a lot of promotions vying for fan's interest, and dollars.

One of the reasons that Ted Turner chose to purchase Jim Crockett Productions and enter the pro wrestling marketplace was because sports entertainment was red hot at the time.

Of course WWE was the biggest promotion, and had built a global empire based upon Hulkamania and media dominance. However, they were by no means the only show in town.

Verne Gagne's AWA was still holding on, though it had been somewhat hindered by talent poaching by other regional territories. Global Championship Wrestling managed to carve out a niche and featured stars like Sid Vicious before he hit major stardom. Of course, there was the aforementioned JC Productions and their NWA territories, which were probably WWE's biggest rival. And last but not least, Eastern Championship Wrestling--which would become Extreme Championship Wrestling under the guidance of Paul Heyman--had its own niche market.

It is true that All Elite Wrestling is entering a similar, crowded marketplace. In addition to the industry leader, the WWE, there are NJPW, Ring of Honor, Impact wrestling, and various independent organizations all vying for attention, talent, and fan's money. Will AEW be successful as WCW was, at least for a time? It remains to be seen.