Anthem buys interest in AXS TV; Impact to air on AXS TV - Wrestling Forum: WWE, AEW, New Japan, Indy Wrestling, Women of Wrestling Forums
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post #1 of 96 (permalink) Old 09-09-2019, 05:12 PM Thread Starter
 
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Anthem buys interest in AXS TV; Impact to air on AXS TV

UPDATE 09/12/19 - IMPACT AIRING ON AXS TV STARTING OCTOBER:



Quote:
Impact Wrestling officially announced today that has entered into an agreement to broadcast its flagship weekly two-hour program Impact nationally across the U.S. on AXS TV. Impact's parent company, Anthem Sports & Entertainment, officially announced that they acquired a majority interest in AXS TV earlier this week.

Impact will begin airing weekly on AXS TV following the Bound For Glory pay-per-view, which takes place on October 20th in Chicago. The show will continue to simulcast globally on IMPACT Wrestling's official Twitch channel.

"Impact Wrestling is a perfect fit for AXS TV's slate of live sporting events and combat sports content," said Impact Wrestling President Ed Nordholm. "The newest addition to our growing portfolio of media assets, AXS TV's audience perfectly aligns with our passionate Impact Wrestling fan base, and this move increases the reach for our weekly program with distribution in over 50 million homes.

"We could not ask for a better home and are excited by the opportunities to work with Mark Cuban and Anschutz Entertainment Group, our partners in AXS TV, to bolster IMPACT Wrestling's presence in the market, as we continue to deliver action-packed and innovative weekly programming featuring some of the most athletic and gifted stars in the professional wrestling industry."

Impact Wrestling currently airs on Friday nights on Pursuit. Impact did not officially announce if the show would continue to air on Fridays.
ORIGINAL POST:

Anthem Sports & Entertainment announced today that they have acquired a majority interest in Mark Cuban's AXS TV and HDNet Movies.

There have been rumors on Anthem purchasing AXS for a few months now, and now those talks have been confirmed.

Longtime comedian and actor Steve Harvey has joined Anthem as an investor and strategic partner through his Steve Harvey Global production company. Harvey now has a seat on the Anthem board.

Quote:
Source: WrestlingINC
ANTHEM SPORTS & ENTERTAINMENT TO PARTNER WITH AXS TV FOUNDER MARK CUBAN; ACQUIRES MAJORITY INTEREST IN AXS TV AND HDNET MOVIES NETWORKS

AEG REMAINS ACTIVE PARTNER
STEVE HARVEY GLOBAL JOINS ANTHEM AS INVESTOR AND STRATEGIC PARTNER

Deal Expands Anthem's Reach to Nearly 150 Million Households, Creating a Major New Force in Entertainment, Music and Sports Programming

TORONTO | DALLAS | LOS ANGELES - September 9, 2019 Anthem Sports & Entertainment, a global multiplatform media company, today announced it has acquired a majority interest in HDNet LLC, parent of the widely distributed U.S. television networks AXS TV and HDNet Movies, and will assume operating management of the two popular channels that cater to music, sports, entertainment and lifestyle audiences. The deal also includes AXS TV's extensive library of owned programming, including wrestling, MMA and entertainment content.

The two networks add significantly to Anthem's rapidly growing portfolio of content, which is currently available in 120 countries and includes diverse and popular sports and entertainment programming targeted to passionate communities with a focus on millennial viewers.

"We are very excited to add these two successful channels to our portfolio," said Leonard Asper, CEO, Anthem Sports & Entertainment. "Anthem was founded with a mission to deliver compelling, targeted content and experiences to passionate fans globally on the platform of their choice. The music, sports and entertainment communities served by these channels are a natural extension and perfect complement to our existing properties. The addition of AXS TV and HDNet Movies will allow for increased content ownership, digital expansion and even more compelling programming for consumers and our distribution partners."

Mark Cuban and AEG will continue to participate as equity partners, and AEG Global Partnerships, AEG's advertising and sponsorship sales unit, will continue to support the channels in conjunction with Anthem's sales team.

Joining as an investor is entertainer, producer and businessman Steve Harvey, who will also enter into a strategic agreement for content development and promotion of Anthem's portfolio of channels. Steve Harvey Global will have a seat on the board of directors of Anthem.

Anthem's board of directors will also include Ted Goldthorpe, head of BC Partners Credit, a lead financier on the acquisition; Rick Ehrman, a former senior executive at Univision and NBC Universal; Robert Foster, founder and CEO of Capital Canada; Scott Honour, founding principal of Northern Pacific Group; and Loudon Owen, chairman and CEO of DLT Labs.

"Anthem's combination of targeted brands, enthusiastic audiences, operational expertise, international footprint and vision makes them an ideal partner to take AXS TV and HDNet Movies to their next levels," Mark Cuban said. "Given Anthem's portfolio of premium content and complementary programming networks, we could not ask for a better home, and we are looking forward to the results we will collectively generate for this new partnership."

"My team and I see great opportunity in Anthem," Steve Harvey said. "They have incredible shows, experiential entertainment, and a huge reach. We look forward to collaborating with Anthem on content development that will surprise and delight this newly expanded audience."

AXS TV and HDNet Movies will continue operating from their existing facilities in Denver and Los Angeles, and the combined company will include Anthem's playout and production center in Toronto and production facilities in Nashville and Europe.

"Anthem Sports & Entertainment brings a legacy of delivering boundary-breaking programming that perfectly aligns with our programming strategy and global concert venue and music festival assets," said Charles Hirschhorn, President, AEG TV. "The combination of these television networks with Anthem creates global video destinations for 'must see' event programming."

With this transaction, Anthem channels are now estimated to reach nearly 150 million global TV homes, including more than 110 million MVPD-served TV households in the U.S. and Canada. In addition, Anthem's proprietary content is distributed to more than 160 million global TV homes through licensing agreements with some of the world's premier networks. Anthem's networks and content also are available on nearly every major streaming service and digital platforms.

Anthem has offices and studios in New York, Toronto, Los Angeles and Nashville, and in Europe. Its portfolio includes:

* IMPACT Wrestling, one of the world's largest wrestling entertainment properties, creating more than 300 hours of original content annually across television and other digital platforms. IMPACT Wrestling specializes in premium content, pay-per-view events, products and merchandise, as well as the management, promotion and training of professional wrestlers;

* IMPACT Plus, a multi-platform mobile app and digital subscription video-on-demand platform and one of the newest additions to the Anthem family of services, featuring live monthly premium network specials, instant access to the 3,000-plus hour IMPACT Wrestling library, groundbreaking original series, reality shows, documentaries, and exclusive events from international partners;

* Fight Network, the world's premier combat sports channel, dedicated to complete coverage of combat sports including fights, fight news and the fight lifestyle as well as mixed martial arts, boxing, kickboxing, professional wrestling, traditional martial arts and more. Fight Network produces and owns its own library of fight themed documentaries and interview programs and is delivered to more than 43 million TV homes in the U.S., Canada and more than 15 other countries;

* GameTV, featuring game show formats and programming, both current and past; reality, drama and documentary series; feature films; sports-based games including esports, poker, and card-based games; and live sporting events all delivered to more than 8 million television homes throughout Canada. GameTV also features online cash and social gaming through igamestv.com;

* Game+, a cutting edge, millennial-targeted sports and entertainment channel, featuring sports-wagering programs, esports events, news and information, fantasy sports programming, high stakes poker, and other action-driven shows and lifestyle programming. Game+ is distributed in more than 1 million MVPD TV homes in Canada and the US; and

* Pursuit Channel, one of the top outdoor channels in the U.S, offering outdoor enthusiasts diverse programming from calm freshwater fishing to fast-paced deer and waterfowl hunting. Pursuit Channel is available to more than 35 million TV homes in the US served by cable, satellite and IPTV. Through its app PursuitUP the channel is also available on OTT streaming services.

AXS TV is a leading music, entertainment and lifestyle channel, including live concerts and sports events, originally founded as HDNET by Mark Cuban in 2001. The channel was rebranded in 2012 after partnering with AEG, leading to additional music content development. The network's current programming lineup features live concerts and events, music-themed information and reality programming, live wrestling and MMA, and off-network runs of popular music-themed programming. The network is distributed to more than 50 million homes.

AEG includes AXS TV as part of its own sponsorship portfolio, bringing many AEG partners to the network.

HDNet Movies, available in approximately 12 million U.S. homes, features theatrically released films and documentaries presented in high definition, including a variety of iconic classics and award winners spanning the 1950s to 2000s.
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post #2 of 96 (permalink) Old 09-09-2019, 05:18 PM
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Re: BREAKING: Impact Parent Company Anthem Purchases Majority Interest In AXS TV, Steve Harvey On Anthem's Board

Going to assume Impact moving to Axis now which is great news! Bigger network and more exposure.

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post #3 of 96 (permalink) Old 09-09-2019, 05:33 PM
 
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Re: BREAKING: Impact Parent Company Anthem Purchases Majority Interest In AXS TV, Steve Harvey On Anthem's Board

Big news guys. If they move impact to AXS they may be able to rise from the ashes. They may see an increase in viewership numbers and a resurgence in growth.
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post #4 of 96 (permalink) Old 09-09-2019, 05:40 PM
 
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Re: BREAKING: Impact Parent Company Anthem Purchases Majority Interest In AXS TV, Steve Harvey On Anthem's Board

At this point, I'm convinced Impact will outlive us all.


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post #5 of 96 (permalink) Old 09-09-2019, 05:41 PM
 
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Re: BREAKING: Impact Parent Company Anthem Purchases Majority Interest In AXS TV, Steve Harvey On Anthem's Board

Now maybe they can offer Killer Kross more than $40,000 a year.

AEW's odds for success just got a little tougher.
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post #6 of 96 (permalink) Old 09-09-2019, 05:43 PM
 
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Re: BREAKING: Impact Parent Company Anthem Purchases Majority Interest In AXS TV, Steve Harvey On Anthem's Board

Wow. Can't believe Anthem was able to pull it off.

They should show run a block of wrestling shows with Impact followed by New Japan Pro Wrestling and WOW.

I get AXS so won't have to stream the show via Twitch anymore, but I will miss the Twitch chat's and Melissa during commercial breaks.
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post #7 of 96 (permalink) Old 09-09-2019, 05:44 PM
 
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Re: BREAKING: Impact Parent Company Anthem Purchases Majority Interest In AXS TV, Steve Harvey On Anthem's Board

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Originally Posted by december_blue View Post
At this point, I'm convinced Impact will outlive us all.
Don't be silly, Impact isn't Queen Elizabeth.
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post #8 of 96 (permalink) Old 09-09-2019, 05:57 PM
 
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Re: BREAKING: Impact Parent Company Anthem Purchases Majority Interest In AXS TV, Steve Harvey On Anthem's Board

This means I can start watching Impact again. I never bothered with Twitch and I didn't get Pursuit.

I admit I doubted things would turn out well for Impact, but after all these years I should have known better.

There was worry that the rise of AEW would kill off promotions like Impact, MLW, and ROH but the former two are on the upswing and ROH, despite their ~25% attendance decrease since the Elite left, is actually getting more money from Sinclair to sign talent.

So overall it's good news that the money behind the "mid major" promotions isn't scared off by the looming war between WWE and AEW.

WWE, AEW, Impact, ROH, MLW, Women of Wrestling, and NJPW's US operations all have a real place in the wrestling landscape. It's been decades since this many promotions were paying decent wages and putting people on TV.

WCW/TNA/ROH/ECW/WWF/Lucha Underground/NJPW
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post #9 of 96 (permalink) Old 09-09-2019, 06:11 PM
 
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Re: BREAKING: Impact Parent Company Anthem Purchases Majority Interest In AXS TV, Steve Harvey On Anthem's Board

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Originally Posted by famicommander View Post
WWE, AEW, Impact, ROH, MLW, Women of Wrestling, and NJPW's US operations all have a real place in the wrestling landscape. It's been decades since this many promotions were paying decent wages and putting people on TV.
Having options for wrestlers to work is good for the business. Not sure why people keep clamoring for promotions to die.
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post #10 of 96 (permalink) Old 09-09-2019, 06:27 PM
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Re: BREAKING: Impact Parent Company Anthem Purchases Majority Interest In AXS TV, Steve Harvey On Anthem's Board

Now THAT'S a power play.
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