WWE's competition with Impact Wrestling was never on the same level as the Monday Night Wars with WCW in the '90s, as Vince McMahon sees his business rivals dwindle more and more each year.
Impact Wrestling has been falling apart in many ways over the past few years. They lost plenty of top-tier talent like Hulk Hogan, Sting, AJ Styles, The Hardy Boyz, Bobby Roode, Kurt Angle, and most recently Rockstar Spud and James Storm. With Impact also severing ties with Jeff Jarrett and Global Force Wrestling, it's safe to say McMahon hasn't had to lose any sleep at night.
Things have gotten even worse for Impact in the ratings department. According to Showbuzz Daily, Impact Wrestling drew just 226,000 viewers on its Dec. 7 episode - nearly 30,000 fewer than the Nov. 3 show. It was also the second-fewest viewers that Impact has had all year, with the Nov. 23 episode drawing just 169,000 viewers.
There are many reasons for the loss in viewership, but one has to believe the lack of mega talent outside of Alberto El Patron, Bobby Lashley, and Johnny Impact are playing factors. Many of its pay-per-view shows–including this year's edition of Bound for Glory–were deemed as major disappointments by fans and wrestling prognosticators.
Losing much of its top stars to the WWE has also been a major blow that Impact just hasn't been able to overcome. They've relied strongly on signing veteran superstars from past promotions, and haven't been able to home-grow much of their own talent (sounds like WCW in the '90s, doesn't it?)
As Impact Wrestling continues to struggle, speculation may rack up about Vince McMahon eventually buying out his competition. The decision to terminate its contract with GFW was a questionable call by Impact, and they've gone nowhere but down since.
We'll see if Impact can find a way to climb out of the stumbling ratings, but there's plenty of damage that has to be repaired.