Warner Bros. Discovery Retains Stake in AEW Under New Media Rights Deal

AEW continues to strengthen its relationship with Warner Bros. Discovery, solidifying its future with a newly signed multi-year media rights deal.

Tony Khan, who founded AEW in 2019, made a promise to keep AEW aligned with WBD, and he has successfully delivered on that commitment. Reports now confirm that Warner Bros. Discovery has retained a stake in AEW, showing they continue to have an ownership interest in the company.

Warner Bros. Discovery is the television home for AEW’s top programs, including Dynamite, Rampage, and Collision. Securing this new deal was a major goal for AEW, ensuring that the promotion remains a fixture on WBD’s networks for years to come. However, the big question for many fans was whether Warner Bros. Discovery actually held an ownership stake in AEW.

According to a report from Sports Business Journal, Warner Bros. Discovery does maintain a stake in AEW as part of the new deal. While the exact percentage of WBD’s ownership has not been publicly disclosed, it’s clear they have a financial interest in the company. Tony Khan has previously commented that while he wouldn’t allow anyone to have voting control over AEW, he hasn’t denied WBD’s involvement.

This confirmation marks a new era for AEW as they continue to grow their presence in the wrestling world. With WBD’s investment, the future looks promising for AEW as it seeks to become more profitable and expand its reach.