AEW and Warner Bros. Discovery announce new multi-year TV deal

All Elite Wrestling and Warner Bros. Discovery today officially announced a new, multi-year media rights deal which will keep AEW programming on WBD properties for the next few years.

Dynamite will remain on TBS while Collision will remain on TNT and both shows will stream live on Max simultaneously for viewers in the United States. Episodes of Dynamite and Collision will be available to stream on-demand from January 2025. There was no mention of Rampage.

AEW live pay-per-views will be streaming on Max later in 2025 at a discounted price and the deal also calls for enhanced distribution rights across social media and potential new AEW programming on linear and digital platforms.

“We are honored to announce the extension of our incredible partnership with Warner Bros. Discovery,” said AEW CEO, GM and head of creative Tony Khan. “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.”

“Tony Khan and the entire AEW team have been incredible partners, and we are thrilled to strike this expanded agreement to deliver amazing new AEW content and stories to TNT and TBS, as well as bring the thrilling live action to Max for the first time,” said Kathleen Finch, Chairman and CEO of US Networks for Warner Bros. Discovery. “We are focused on creating fresh and authentic experiences for AEW’s passionate and engaged fanbase while also introducing them to our growing lineup of high-action sports and entertainment at TNT and beyond.”

Financial terms were not disclosed but according to Variety, the deal is over $150 million per year.