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In a way it's not a loss because of things like Geoff & his entitlements. But in another way, it's a sign of millenials aging, having difficulty to keep up with everyone's niche interests, which played a part in outgrowing E3's purpose.
Having a centralized place where a bunch of cool shit in the industry was revealed, all at once, made things still more manageable than having a thousand friends' companies companies put out something ever other week, these days.
In conclusion, Vince's closeted homosexuality played a deep role in his monopolization of the wrestling industry.