Source: The Wrestling Observer Newsletter
At this time, the ratings for the Lucha Underground are not improving as much as the El Rey Network would have hoped. Considering how expensive the show is to produce, this could become a problem for the health of the company.
Each taping is said to cost “hundreds of thousands” of dollars, rumored to be anywhere from $100,000 to $300,000. But with the numbers for the show so low, the national TV ads that run during the show are being sold dirt-cheap. Word is that the rate is $150-$300 for a 30 second spot. No, there are no zeros missing there.
Something else that should be noted is that El Rey cancelled Matador. Matador ran for one season (13 episodes) and was set to be a major part of their slate of original programming. The show did not catch on as hoped, and the show was dropped. Unfortunately for Lucha Underground, this means that El Rey will drop major original programming if they feel that it is not meeting expectations.
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