AEW Officially Signs New TV Deal With Warner Bros. Discovery Worth Over $150 Million Per Year

All Elite Wrestling aren't going anywhere.

Variety first reported that AEW have officially signed a new multi-year deal with Warner Bros. Discovery. As part of the new deal, AEW Dynamite will continue to air on TBS on Wednesday nights, while AEW Collision will remain on Saturday nights on TNT. Both shows will stream live on Max for the streaming service's subscribers in the United States and episodes will also be available to stream on demand from January 2025.

AEW pay-per-views will be available on Max later in 2025 at a discounted PPV price and the new deal includes 'enhanced distribution rights across social media' and possible new AEW programming across linear and digital platforms.

Variety reported that the new deal with WBD is worth over $150 million per year.

AEW CEO Tony Khan said about the new deal: "We are honoured to announce the extension of our incredible partnership with Warner Bros. Discovery. This extension continues the tradition of iconic wrestling events broadcast on TBS and TNT, while also establishing a new legacy for AEW through weekly live streams on Max for years to come. We thank David 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 that helped make this possible."

All Elite Wrestling and Warner Bros. Discovery have worked together since the pro wrestling promotion was founded in 2019. AEW Dynamite began airing on WBD networks in October of that year, with AEW Rampage being added to the promotion's slate of programming in August 2021. AEW Collision then began airing on Saturday nights from June 2023.

Today's announcement leaves the future of AEW Rampage up in the air but reports in recent weeks have noted the show faces cancellation.