As previously reported, AEW’s broadcast partner, Warner Bros. Discovery (WBD), is currently up for sale, with several media companies competing for its acquisition. WBD has already rejected multiple bids from the leading contender, Paramount Skydance, while Netflix and NBCUniversal/Comcast are also looking to place bids to acquire the network company.

Sean Ross Sapp discussed the potential sale of WBD in the latest episode of Fightful Select Answers and what it could mean for the future of AEW. According to Sapp, Paramount is the most likely company to acquire Warner Bros. However, he noted that AEW has a solid contract with WBD, and considering the cost of its deal, it performs well and remains a strong streaming property.

Sapp also mentioned that while Netflix’s interest in WBD is intriguing, he does not expect the streaming platform to ultimately acquire WBD. In the hypothetical scenario where Netflix does acquire WBD, Sapp predicts that AEW would retain its current contract.

Notably, Netflix is the streaming home for Monday Night RAW in the United States and carries all of WWE’s content, including weekly shows and premium live events (PLEs) internationally.

Furthermore, Sapp expressed doubt that WWE would attempt to persuade Netflix to drop AEW, especially in light of the recent allegations made by MLW regarding WWE. MLW and WWE reached a settlement in MLW’s antitrust lawsuit against WWE back in December 2023.

This week, CNBC reported that WBD plans to publicly announce its future plans around the middle or end of December, whether that involves a sale or a new company split, which had been discussed prior to the company officially going up for sale.

AEW announced a new multi-year media rights deal with WBD about a year ago. Under this contract, WBD networks TBS and TNT remain the respective homes of AEW programs, Dynamite and Collision, which also began receiving simulcasts on WBD’s streaming platform, HBO Max, earlier this year.

Additionally, AEW pay-per-view events became available on HBO Max in September, starting with All Out Toronto. The latest multimedia deal between AEW and WBD is reported to be valued at over $150 million per year when all elements are considered.