In late 2018, Tony Khan, who is a life-long avid fan of professional wrestling, filed for several trademarks for a new venture that was shortly thereafter confirmed to be a new professional wrestling promotion, All Elite Wrestling (AEW).
The company then was officially announced on January 1, 2019, along with its very first event, Double or Nothing, which took place on May 25, 2019 at the MGM Grand Garden Arena in Las Vegas, Nevada. Tony Khan serves as the lead executive figure for the newly founded wrestling promotion drawing from his experience in management as a business executive of sports franchises.
Khan is also the owner and chairman of TruMedia Networks, a Boston-based engineering firm specializing in innovative sports analytics solutions for leagues, franchises, and media partners across the athletic industry. Along with TruMedia Networks, Khan and his family also helped fund Activist Artists Management, a talent management and advisory firm founded in 2018.
Khan made a significant investment in the firm, and separately established the Activist content and venture fund focused on investments in media, entertainment, hospitality as well as consumer products, services and technologies.
In a long interview with Wrestling Inc, he discussed the creative process for Dynamite: “We have the best production meeting in wrestling on Tuesday nights. You have myself, The Young Bucks, Cody and Kenny. We’re the lead in creative and at the end of the day, I have the final say in everything. I’m accountable with everything we do both on-screen and off. And that’s how it goes”.