Netflix has acquired Warner Bros. in a move that will reshape Hollywood , but will it have an impact on All Elite Wrestling? For anyone who's unaware, AEW is the second biggest wrestling promotion in North America, meaning that it's a direct competitor to WWE. As you likely know, Netflix airs "WWE Raw" and select premium live events in the United States (plus "WWE SmackDown" and "NXT" in international territories), so will the streamer sabotage Tony Khan's challenger promotion to aid WWE? We already anticipate the WB-Netflix agreement hurting theatrical releases , but its effect on the wrestling landscape is more complicated.

For now, Netflix only appears to have acquired Warner Bros.' movie and television studios, as well as HBO Max. TV channels like TBS, TNT, and CNN are unaffected

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