AEW nears $170 million annual media rights deal with Warner Bros Discovery, exploring additional opportunities

Posted at: September 17, 2024 - 10:40 AM

AEW is close to finalizing a new media rights deal with Warner Bros Discovery. The contract is expected to be worth $170 million annually for 3-4 years, which is slightly less than AEW’s initial goal of $200 million per year for five years. However, this new package is reportedly sufficient to make AEW a profitable company and may even surpass their initial target in the long run.

The deal could include separate arrangements for AEW’s pay-per-view events, potentially streaming on MAX. Additionally, AEW is exploring opportunities with broadcast networks for another television package, as the new contract appears to end their exclusivity with Warner Bros Discovery. This explains recent rumors about AEW’s potential involvement with Fox. The status of Ring of Honor in these negotiations remains unclear, and most details have been kept confidential, even from AEW talent. An official announcement about the new deal may come as early as next week.

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