Anthem Sports & Entertainment, the parent company of Impact Wrestling, announced on Monday they have acquired a majority interest in AXS TV and HDNet Movies Networks.
Mark Cuban and AEG will continue to be equity partners, while Steve Harvey is joining as an investor and will have a seat on Anthem’s board of directors.
According to PWInsider, the deal will see Impact Wrestling migrate from Anthem’s Pursuit channel to AXS TV.
Discussions have been going on for months as Impact originally was hoping to announce the move after their Slammiversay pay-per-view in July.
Impact to AXS will reportedly not change New Japan Pro Wrestling or WOW’s status with the channel, as of this writing.