All Elite Wrestling (AEW) has filed a lawsuit against TrillerTV for 5 Million dollars in unpaid revenue. This unpaid revenue is stated to be from AEW Pay-Per-View sales and the now defunct AEW Plus subscription service.
AEW’s lawsuit details a business relationship with the streaming platform formerly known as FITE that was mostly a good partnership, aside from slow payments. This was until 2024 when FITE merged into his current parent company. It was at this point that the lawsuit allegedly Triller starting to funnel funds that were generated from the AEW partnership into other operational expenses of the company. According to a SEC filing in 2024, AEW content drove 24% of all Triller Group revenue in 2024, which is nearly a quarter of the revenue for the entire company and not just TrillerTV.
Court documents reveal how revenues were to be split. 75% of the domestic sales of AEW Pay-Per-Views and 65% of the international Pay-Per-Views were due to be paid to AEW after sale tax and app store fees. Prior to this agreement established in mid-2019, the earlier AEW Pay-Per-View revenue was split 50/50. For AEW Plus, AEW got 60% of net revenue, with Triller getting the other 40%.
AEW alleges that the Triller Group exploited the gap in the timing between when the sales were made and when payments were due. AEW states that they sent written demands for payment to the Triller Group in January and March of 2025. An April 2026 letter shows that AEW’s counsel was claiming $4,988,989.13 in payments that were owed and that the interest rate of 2% per mount would continue to accrue.
AEW counsel wrote, “Defendants failed to make the full payment due on March 1, 2025, paying a fraction of the total amount owed — despite the remittance being a mere percentage of the total revenue Defendants collected and had in its coffers from AEW viewers before wrongfully spending it on other ventures and expenses,” (emphasis original).
AEW’s legal complaint alleges TrillerTV’s parent company used AEW-derived revenues to fund other businesses, including a social media platform that never took off. The accusation is that they used funds to do this rather than paying AEW what it was owed.
AEW’s lawsuit alleges breach of contract, using funds to pay for operational expenses outside of the agreement, and tortious interference, among other counts of action. The last of those is directed solely at the parent Triller Group for its role in directing TrillerTV’s financial conduct.
Flipps Media Inc., the corporate entity underlying TrillerTV, told the Court that the company is insolvent. This legally means it’s unable to pay its debts. Flipps says the company lacks a board of directors, a fact that prevents it from filing for bankruptcy. Flipps is asking the Court to declare that its officers are its board of directors so Flipps can consider whether bankruptcy is in the best interests of the company and its creditors. Flipps has also alleged that TrillerTV has been abandoned by the Triller Group. As of the research for this article, the Triller Group has offered no comment on that accusation.
AEW has recently launched MyAEW, which is its own streaming platform in partnership with Kiswe in March of this year. This was meant to replace much of what TrillerTV offered international fans through AEW Plus, which was formally discontinued last month.
What are your thoughts on this lawsuits?
