Beginning in October 2019, All Elite Wrestling will have a two-hour weekly TV show airing live on TNT in the United States. CBS Sports described AEW as "the first company with major financial backing to take a swing at beginning to compete with WWE on a major level in nearly two decades"
Its inception was announced by entrepreneurs Shahid Khan and his son Tony, with the former acting as the promotion's lead investor, and the latter being the founder, president and CEO of the company. Professional wrestlers Cody Rhodes as well as Matt and Nick Jackson, collectively known as The Elite, are the promotion's inaugural contracted talents.
The three are serving as both in-ring performers and executive vice presidents alongside Kenny Omega, fellow professional wrestler and co-founder of The Elite. Speaking on The Steve Austin Show, AEW president Tony Khan discussed his plan for the company’s yearly schedule: “When we get into weekly TV, I’d like to get in a good rhythm where we’re doing, let’s say 100 to 120 shows a year.
It’s pretty busy, but it doesn’t mean every performer’s going to be on every show. It means that you’re gonna get a combination of our top performers every night, and I have a big enough roster where people won’t [need to see] every wrestler on every show to deliver a top roster for that show”.