AEW Nears Monumental Media Deal with Warner Bros Discovery as Talks Heat Up
As the clock ticks on AEW’s modern-day tv rights deal, the destiny of the agency’s broadcast associate appears to be entering sharper attention. AEW President Tony Khan has found out that his wrestling advertising is inside the final tiers of extreme negotiations with Warner Bros Discovery (WBD), with a probably sport-converting television rights deal looming at the horizon.
The existing TV rights settlement among AEW and Warner Bros Discovery is about to run out earlier than the stop of 2024, and for months, there has been speculation approximately AEW’s future on its current platforms, TNT and TBS. However, current comments from Tony Khan have injected a experience of optimism into the state of affairs, because the company inches in the direction of securing a rewarding long-time period agreement with the media large.
According to inside reviews, WBD has located a high-stakes new offer on the table, signaling a strong preference to maintain AEW’s programming for the foreseeable destiny. This provide reportedly materialized following a assembly among Tony Khan and WBD’s CEO David Zaslav in Paris, wherein both men had been attending the 2024 Olympic Games. The meeting has been defined as pivotal in advancing negotiations.
Speaking on the AEW All Out Post Show Media Scrum, Khan couldn’t disguise his enthusiasm as he gave a glimpse into the negotiations that have been taking vicinity behind the curtain. With energy and exhilaration, Khan shared that discussions with Warner Bros Discovery have intensified over the summer season months and that each events are closing in on an agreement that could secure AEW’s location on the television panorama for future years.
“We’re still in very, very close and exciting negotiations with Warner Bros Discovery,” Khan said. “It’s been going on throughout the summer that we’ve been having these conversations. It’s a very detailed package that we’re having discussions about.”
Despite the clear development, Khan became quick to make clear that no deal has been formally signed but. However, his optimism was palpable, as he hinted at the possibility of a historic deal for AEW:
“I believe AEW is here to stay on TNT and TBS. I think that’s true for a very long time, and I believe it. I have not put pen to paper. I’m still working on things,” Khan continued. “It’s an exciting time, without getting too specific, but while giving everybody that anticipation of things to come. There are really exciting things to come for AEW.”
If finalized, the brand new deal would likely cement AEW’s reputation as a primary participant within the expert wrestling enterprise, supplying stability and economic aid that would permit the merchandising to preserve growing its roster and expanding its fan base.
AEW Star Set to Reject WWE to Stay with Tony Khan’s Organization
In a associated development, the looming TV rights deal may want to have a large effect on AEW’s capacity to maintain its top expertise. One principal call already seems poised to reject overtures from WWE in favor of ultimate with AEW.
Daniel Garcia, who these days made a return to AEW programming, has been the concern of rumors surrounding his contract reputation. Reports imply that Garcia’s modern cope with AEW is ready to run out in October 2024. However, promotional materials for AEW occasions taking vicinity past that date have featured Garcia prominently, main to hypothesis that the Buffalo local has determined to stay with Tony Khan’s organization rather than discover possibilities with WWE.
With the ability new tv deal in play, AEW would possibly have the economic muscle to make competitive offers to key abilities like Garcia, making sure that they live dependable to the promotion even within the face of interest from WWE. For Tony Khan, securing stars like Garcia would be a key part of making sure AEW’s continued success because it transitions into the subsequent phase of its partnership with Warner Bros Discovery.
The wrestling international waits with bated breath as the information of the brand new AEW-WBD deal keep to unfold. Will this agreement be the cornerstone of AEW’s increase for years to come? As Khan’s phrases suggest, lovers can count on some essential developments within the close to destiny.
H/T: Fightful for the above transcription.