All Elite Wrestling (AEW) has officially signed a new multi-year multimedia rights agreement with Warner Bros. Discovery.
Financial terms of the deal were not disclosed, but the people said the deal could be worth more than $150 million annually, considering all factors. Under the new agreement, AEW’s shows “Dynamite” and “Collision” will continue on TBS and TNT, respectively. However, for the first time since its launch in 2019, AEW programming will be live-streamed simultaneously on Max for U.S. subscribers and will also be available to stream on-demand beginning in January 2025.
“We are proud to announce the extension of our great partnership with Warner Bros. Discovery,” said Tony Khan, CEO, GM and Creative Director of AEW. “This extension continues the tradition of iconic wrestling events broadcast on TBS and TNT, while establishing a new legacy for AEW through weekly livestreams on Max for years to come. David We would like to thank Zaslav, Kathleen Finch and everyone at WBD for their tireless support of All Elite Wrestling since its inception, as well as the AEW fans, talent and staff who made this possible.”
The deal also includes enhanced distribution rights across social media and the potential for new AEW programming on linear and digital platforms. Additionally, AEW Live pay-per-views will be available on Max in late 2025 at a discounted per-event price, and all marketing and promotion for these events will be centered exclusively on Max.
“Tony Khan and the entire AEW team have been great partners, and we’re thrilled to enter into this expansion deal that will bring great new AEW content and stories to TNT and TBS, and bring thrilling live-action to the Max for the first time. said Kathleen Finch, Chairman and CEO of Warner Bros. Discovery US Networks. “We are focused on providing a fresh, authentic experience for AEW’s passionate and loyal fan base, while introducing them to an ever-growing lineup of high-action sports and entertainment at TNT and other events. ”
AEW’s flagship show “Dynamite” first aired on TNT in October 2019. The show currently ranks as Wednesday’s No. 1 cable entertainment series among adults 18-49. “Collision” is currently in the top five in both adults 18-49 and men 18-49 in its Saturday time slot.
AEW’s current roster includes champion Bryan Danielson, Mariah May, Mercedes Mone, tag team The Young Bucks, Will Ospreay, Jack Perry, Yuta Wheeler, Pac, Claudio Castagnoli, and Kazuchika Okada. is included.
“I was there when Tony Khan first spoke of his vision to create a media and live entertainment company that would disrupt the wrestling industry,” said Barney Cahill, founding partner of Activist Artists Management. he said. “This relaunch of WBD is a thorough validation of Tony’s vision and leadership, making AEW a unicorn in terms of corporate value in the media and live entertainment space.”
News of the deal with AEW comes amid soaring rights prices for the sport. AEW’s biggest rival, WWE, recently signed new deals for its shows “Raw,” “SmackDown” and “NXT,” with “Raw” set to debut on Netflix in January 2025.
