Last Wednesday, All Elite Wrestling announced that it has renewed the media rights deal with Warner Bros. Discovery. As per the multi-year deal, Dynamite and Collision will remain on TBS and TNT. Both shows will stream live on MAX in January 2025. However, the company did not disclose the financial terms of the deal, but multiple reports noted that it is worth $185 million per year.
On Busted Open Radio, Chris Jericho said that AEW proved all the doubters wrong and experts look like idiots after announcing the new deal. Jericho added that the viewership goes up and down, but the demo is invaluable.
“I think we proved a lot of so-called ‘experts’ we made them look like idiots. We knew what was going on with this. The landscape changes constantly; numbers go up, and numbers go down. But the overall demo of what AEW brings to the table as a live sporting event is invaluable. So, we knew that it was something that people would want to be involved with and be a part of, and Warner Bros. Discovery didn’t want to let us go anywhere. And you can see, I mean, $185 million a year for a company that’s only been going for five years; that’s never happened before. Ever.
Obviously, WWE is the standard, the gold standard. They didn’t have a deal like that five years in. Nobody else has. So with all the growing pains—good and bad—that AEW has, we’re still such a young company. And that, to me, showed that we have a real commitment. We’re not going anywhere. Tony Khan’s not going anywhere. I’m not going anywhere, much to some people’s chagrin. And neither is the rest of the company. And I think it’s going to be a really great next 3-5 years. And, listen, Tommy [Dreamer] and Bully [Ray] know, there’s nothing worse than if AEW didn’t get a great television deal. There’s nothing better for the business, the fans, for you guys [than] for AEW to be thriving and to be healthy. And we are.”
On the subject of the new @AEW TV Deal, @IAmJericho explains what it means for the industry and how the "experts" were wrong.👀#BustedOpen247 @davidlagreca1 @bullyray5150 @THETOMMYDREAMER pic.twitter.com/SmGBn2Puvn
— SiriusXM Busted Open (@BustedOpenRadio) October 9, 2024