The Fanon Theory is a TV special created by Fanon Fun! Entertainment. It features Wario as he explains something he calls the "Fanon Theory." It was inspired by a conversation Sr.Wario had on an article. The Fanon Theory is all about where Nicktropolis is, what time period it's in, and how it intertwines with our very own planet Earth.
- Wario: The star of the show who explains everything.
- Web: The comical foil of the show. Web asks questions that make up the special's plot.
- Various fan characters: Shown to present the theory.