>>18542433 (OP)
Anons have articulated good answers so I'll answer another important question: how do you fix it?
Answer:
1. you further lower costs by removing all names which don't draw.
2. You scale the company down instead of doing more shows hoping to get more ticket sales.
3. You throw every dojo motherfucker you have, cycle 3-4 of them out every few months to see who's actually entertaining and can put on a match.
4. Introduce promos and skits. No need for writers, just the booker and people involved coming up with ideas inspired by WWE and TNA at their peak.
5. Make the entire card meaningful like WWE PPVs
6. Give each wrestler a gimmick and story, no matter what.
7. Worry about match quality and entertainment equally without tilting too far in either direction.
8. Use Japanese talent only, expect maybe a few cheap gaijins.