Established in 2023, it is held annually in late December on the weekend of or before New Year's Eve.

[1] Later that same night on Dynamite, AEW announced that it would hold a pay-per-view (PPV) event titled Worlds End on Saturday, December 30, 2023, at the Nassau Veterans Memorial Coliseum in Uniondale, New York on Long Island, marking the company's first PPV to be held in the state of New York.

The event hosted the finals of the inaugural Continental Classic tournament.

[2] On April 11, 2024, AEW announced that the second Worlds End event would take place on December 28, 2024, at the Addition Financial Arena near Orlando, Florida, thus establishing Worlds End as an annual PPV and host for the annual Continental Classic.

The tournament takes place in a round-robin format, with two blocks of six wrestlers – titled the Blue and Gold Leagues – wrestling each other across AEW's television shows, Dynamite, Rampage, and Collision.