In a move that has great ramifications in pro wrestling, Anthem Sport and Entertainment has purchased a majority interest in AXS TV and HDNet Movies and will begin running the two channels.
The deal also includes purchasing the AXS TV library of concerts, pro wrestling and MMA content, which would include U.S. broadcast rights to old ROH, many years of New Japan, WOW, and some defunct MMA promotions as well as countless smaller MMA shows.
Mark Cuban, who founded the stations, and AEG, his partners, will continue to own a minority interest. Part of the purchase team included Anthem, headed by Leonard Asper, and entertainer Steve Harvey, who will enter into a strategic content development agreement.
The company will continue operating from studios in Los Angeles and Denver, as well as use Anthem studios in Toronto, Nashville and Europe. The office in Dallas was closed down.