Second, the barrier for seeing movies is much less. People either saw them in the theater for reasonable prices, on cable or could be rented fairly cheap.
Wrestling PPV’s have historically been anywhere from $25-$75 dollars. Even the biggest fans didn’t order every single one. And international shows have only been easily available for the last five years or so.
So I would guess most people probably haven’t watched many Wrestle Kingdoms or even WrestleMania’s. For example:
I haven’t watched a single full NJPW show because I don’t have NJ World. I’ve only seen individual matches.
I haven’t watched any of the AEW PPV’s because they cost too much.
I haven’t seen WM2, WM4, WM7-11, WM13 or WM27
I’ve watched <5 full WCW PPV’s and typically I only watched them for a Rewind-A-Wai.