As first reported by Variety, AEW has signed a new multi-year multimedia deal with WBD that is valued at “upwards” of $150 million per year with all elements taken into account. AEW has since confirmed the new on all of their social media platforms.

AEW made it official on Wednesday night, announcing a new multi-year and multi-platform television rights agreement with Warner Bro. Discovery as the two celebrate the fifth anniversary of AEW:

Warner Bros. Discovery Inc. and All Elite Wrestling renewed their five-year media rights agreement on Wednesday, with the condition that some of AEW’s content will stream live on Warner Bros.’ Max platform.

Warner Bros. Discovery and All Elite Wrestling have reached a multi-year renewal, shoring up the programming of foundational linear networks TNT and TBS and adding streaming simulcasts on Max. Five years ago,

Variety first reported that AEW signed a multi-year deal with Warner Bros. Discovery that is reportedly valued at $150 million per year. AEW Dynamite will remain on TBS. AEW Collision will remain on TNT. Both shows will be simulcast on streaming service Max beginning in January 2025.

All Elite Wrestling is officially staying with Warner Bros. Discovery, as the two sides agreed to a new media rights deal. As reported by Joe Otterson of Variety, AEW signed a new multi-year deal with Warner Bros.