The future of All Elite Wrestling (AEW) has sparked intense discussion following a recent Hollywood Reporter article about Netflix’s latest all-cash bid to acquire Warner Bros. Discovery (WBD). AEW fans grew concerned because Netflix already holds a $5 billion deal with WWE, making it unlikely they would host two rival wrestling promotions under one platform. Wrestling journalist Dave Meltzer addressed the topic on “Wrestling Observer Radio,” stating it’s almost certain AEW won’t end up on Netflix, but the possibility of AEW content staying on HBO Max—a streaming service owned by WBD—is still open.
Meltzer explained that Netflix has a history of rejecting major sports organizations like UFC and MLB, preferring only large-scale events. While Netflix might consider airing a big AEW pay-per-view event, a regular wrestling promotion series is improbable due to WWE’s existing relationship with Netflix. He also pointed out HBO Max’s interest in retaining some AEW programming because WBD benefits from AEW’s pay-per-view revenue. Originally, “AEW Dynamite” aired on TNT but shifted to TBS in 2022 after WBD secured NHL rights. Whether AEW will stay on HBO Max beyond its media rights contract ending in 2027 remains uncertain.
Regarding whether AEW will leave HBO Max in 2026, Meltzer said AEW’s pay-per-view shows might stay on HBO Max or potentially move to Netflix as specials. However, he said “AEW Dynamite” and “AEW Collision” won’t be part of Netflix’s regular lineup. These shows are expected to transition to Turner Sports’ streaming platform in mid-2026. Despite HBO Max losing many sports to Turner Sports this year, Meltzer believes WBD will honor its existing AEW media deal, keeping weekly shows on TBS and TNT until 2027 or 2028.
He highlighted potential complications if HBO Max and Turner Sports, possibly operating as separate entities after the sale, have differing plans for the AEW contract. Melzer stressed AEW’s shows will continue on TBS and TNT, the only traditional TV homes they have. Although HBO Max may remain a platform for AEW content until 2027, the landscape is expected to change after that. Finally, Meltzer mentioned Netflix has pledged to keep HBO Max as a standalone service if the acquisition happens, but he doubts this arrangement will last since consolidating everything under one brand is simpler.
Fan Take: This news is crucial for AEW fans because it clarifies the uncertain future of AEW’s broadcasting platforms amidst major media mergers. How and where AEW content is distributed will impact its visibility, fan access, and growth in the competitive wrestling industry.
