CNN confirms Warner Bros. Discovery’s minority stake in AEW

In a piece on CNN titled ‘The shocking, rule-breaking new move in pro wrestling: getting specific about politics,’ the news network confirmed that its parent company, Warner Bros. Discovery, owns a stake in All Elite Wrestling.

The piece comes after the “F*ck ICE” chants which started at the beginning of the MJF vs Brody King match last week on Dynamite, and a chant which will continue on tonight’s Grand Slam: Australia.

Just like in every article which talks about a property which is owned by the same parent company, CNN inserted the disclaimer “Warner Bros. Discovery, CNN’s parent corporation, owns a minority stake in AEW.”

This is the first time that the statement is confirmed by someone within WBD. AEW President Tony Khan never confirmed nor denied the the topic, but since it’s minority stake which does not surpass a certain percentage, they’re not obligated to confirm or even talk about it publicly.

Once Warner Bros. Discovery splits, the minority stake will remain with Discovery and will not move to Netflix, like the rest of Warner Bros.