Hearst Clinches Deal to Buy Out A+E Global Media Stake From Disney for $1.2 Billion

Hearst Disney deal
Covered by 3 sources
- Deadline Hollywood·5h agoDisney Closes $1.2 Billion Deal To Sell A+E Global Media Stake To Hearst
It’s official — Hearst has announced an agreement to acquire Disney’s 50% interest in A+E Global Media for approximately $1.2 billion in cash. The transaction is expected to close in September. A+E Global Media, parent of established cable networks A&E, the History and Lifetime…
Read at Deadline Hollywood → - Hollywood Reporter·5h agoDisney Sells Its Stake in A+E to Hearst for $1.2 Billion
The two companies had been equal partners in the joint venture, going back decades.
Read at Hollywood Reporter → - Variety·5h agoHearst Clinches Deal to Buy Out A+E Global Media Stake From Disney for $1.2 Billion
Hearst has set a deal to acquire Disney’s 50% stake in A+E Global Media, the parent company of Lifetime, History Channel, A&E Network and other assets in a deal that calls for Hearst to pay Disney $1.2 billion in cash. Disney and Hearst have been 50-50 partners in A+E Global…
Read at Variety →