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Tony Khan Clarifies Ownership Structure Of AEW

Recently, speculation arose regarding the ownership structure of All Elite Wrestling (AEW), particularly concerning Warner Bros. Discovery’s (WBD) potential stake in the company. This chatter intensified following the announcement of a new media rights deal between AEW and WBD. However, subsequent reports attempted to dispel these rumors. When asked about the ownership details during the pre-WrestleDream media call, AEW President Tony Khan provided an answer that left some ambiguity.

Ownership Confirmation

Khan emphasized his position within the company, stating, “I will not get into our ownership structure, but I will say that I have 100% of the voting stock in this company and have since the beginning. I hold the vast majority of shares… As the sole voting owner and the vast majority shareholder, I think that speaks volumes. I’m the controlling owner with 100% voting control of the business.”

This statement clarifies that while Khan retains full voting power, it does not explicitly deny the possibility of WBD or other entities owning minority shares. Regardless of the ownership of any non-voting shares, it is clear that Khan retains complete control over AEW’s operations.

Continuing Partnership with WBD

Regardless of the ownership structure, AEW and WBD are set to maintain their partnership moving forward. The new media rights deal between the two entities is estimated to be worth over $170 million. This agreement signals a continued collaboration, although it comes without the exclusivity clauses that characterized previous agreements.

Future of AEW Programming

The change in exclusivity opens the door for AEW’s programming, including the future of Rampage and other Friday night shows, to potentially find new homes on different networks. There are ongoing rumors about the possibility of Fox acquiring an AEW program, which could significantly alter the landscape of wrestling on television.

As AEW continues to grow and adapt to the changing media landscape, the clarification of ownership structure and ongoing deals with major networks will play a crucial role in shaping the company’s future.

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