All Elite Wrestling’s (AEW) broadcast partner Warner Bros Discovery (WBD) announced significant changes by planning to split the company into two separate public entities. One new company will focus on “Streaming & Studios,” encompassing WBD’s film and TV streaming services like HBO Max, Warner Bros. Television, and DC Studios. The other will be the “Global Network,” housing sports brands such as TNT Sports, entertainment channels, CNN, and streaming services like Discovery+ and Bleacher Report.
The reorganization aims to give each segment greater strategic focus and financial flexibility to enhance competitiveness and shareholder value. Warner Bros Discovery’s CEO David Zaslav will lead Streaming & Studios, while CFO Gunnar Wiedenfels will head Global Networks. The split is expected to help both companies accelerate growth, expand services like HBO Max, and strengthen their market positions.
AEW’s multi-platform deal with Warner Bros Discovery, made in October 2024, means shows like Dynamite and Clash will continue airing on TBS and TNT, with programming also streaming live on HBO Max for US viewers. This development follows the broader corporate restructuring, underpinning AEW’s exposure and distribution on key Warner Bros Discovery networks.
Fan Take: This restructuring could bring more dedicated resources and innovation to AEW’s broadcasts and streaming options, enhancing the viewing experience for fans. With Warner Bros Discovery sharpening its focus on entertainment and sports, AEW might see even greater visibility and growth opportunities in the wrestling world.
