Theres more going on behind the scenes in All Elite Wrestling than just what plays out on Dynamite. Buried inside a CNN article about the political differences between AEW and WWE was a line that caught the attention of wrestling fans and media watchers alike Warner Bros. Discovery, the parent company of CNN, reportedly owns a minority stake in AEW. Michael Ballaban wrote the following while comparing the two companies: No percentage was listed in the CNN piece. No deep financial breakdown. Just that one sentence and it was enough to get people talking. This isnt the first time its been suggested. Back on January 20, Tony Maglio of The Hollywood Reporter addressed AEWs media future amid the reported Warner Bros. Discovery sale to Netflix. In that feature, Maglio cited a source who claimed WBD does indeed hold a minority position in the wrestling company reportedly under 10 percent. He wrote: If thats accurate, Warner Bros. Discovery owns less than 10 percent of AEW while Tony Khan still controls the rest. And Khan has already made it clear that control is non-negotiable. Back in September 2023, he addressed the idea of outside ownership while emphasizing that he maintains full authority over the company. Translation: even if WBD owns a slice, Tony Khan says he runs the show. Neither AEW nor Warner Bros. Discovery have publicly detailed the exact structure of the ownership, and no official percentage has been formally confirmed on the record. But with CNN and The Hollywood Reporter both referencing a minority position, its clear this isnt just idle speculation. AEWs television deals, streaming future, and corporate ties are all tied to major media shifts right now. If WBD does own a piece, even a small one, that adds another layer to the ongoing AEW vs. WWE business rivalry.Does Warner Bros. Discovery owning a minority stake in AEW change how you view the company? Please share your thoughts and feedback in the comment section below. G Add as a preferred source on Google
