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Wrestling was used as a pressure release valve for aggression during times of peace. One year after 9/11 and the decline started.
>South Park
It's been horrible for years and its peak came in the season where they went up against both Scientology and Islam. They've been doing what wrestling does and have been coasting on memberberries ever since.
>Beavis and Butth-Head
Only recently came back for its second revival and is doing great. How popular it is with the modern crowd, I'm not sure.
>Marilyn Manson, Limp Bizkit, Korn, ICP, Kid Rock
Nu-Metal died as quick as it came.
The marks are no longer in the front row but in the ring. Also, Seinfeld and Friends were some of the biggest television shows of all time during the AE and WWE was eager to get those eyes onto their product, and those were heavyweight hitters for their time. Then UFC gained its mainstream stride and that's where all the dude-bros went after Vince wanted to go back to chasing the dollar signs families brought. You go to a show, you and your buddies might go with you, but if you take your kids to a show, that's mom and dad and two or more tickets guaranteed sold.
As for the crowd? Honky Tonk said it best when he said that wrestling was for redecks and trailer trash and hillbillies. Not exactly attracting the Rhodes Scholars there, now are they? The point is if you go to the Deep South, set up a ring, slap some hubcaps onto leather straps and call them championships and convince a bunch of guys to bump around like they saw on TV or legit brawl and beat the shit out of each other, you'll attract the crowd that you are after.