The wrestling world is abuzz with speculation about the future of All Elite Wrestling (AEW) as its current media rights deal with Warner Bros. Discovery nears its expiration date. According to industry insider Dave Meltzer, WWE is internally discussing the possibility of AEW facing challenges in securing another major media rights deal once its current agreement with Warner Bros. Discovery expires. This comes as AEW's parent company, Tony Khan's TKO Group, is in the midst of a merger with Paramount and Skydance, raising questions about the future of AEW's programming.
Meltzer's report highlights a sense of uncertainty within WWE, with sources admitting that nobody truly knows who will make decisions regarding AEW's programming once the merger is finalized. Some WWE sources even suggest that AEW might not remain part of Paramount/Skydance's plans, with rumors spreading throughout the company. This has led to a shift in expectations, with some high-level WWE executives speaking as if AEW potentially not getting another major deal is already an internal expectation.
However, it's important to note that AEW still brings significant value to its current partners. Meltzer points out that AEW delivers strong ratings on TBS, performs well in key demographics, generates substantial pay-per-view revenue, and is more cost-effective than the UFC from a media rights standpoint. These factors could potentially influence the decisions made by Paramount/Skydance regarding AEW's future.
The wrestling industry has a history of dramatic shifts in media rights deals, and AEW's situation is no exception. As the merger between TKO Group and Paramount/Skydance unfolds, the future of AEW's television presence remains uncertain. The outcome will have significant implications for both AEW and WWE, as well as the broader wrestling landscape, shaping the future of professional wrestling on television.