Disney to Sell 50% Stake in A+E Global Media to Hearst for Over $1 Billion
Disney is reportedly selling its 50% stake in A+E Global Media to Hearst in an all-cash deal valued at over $1 billion, an announcement expected during Disney's upcoming earnings call.
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Disney Expected to Sell 50% Stake in A+E to Hearst for More Than $1 Billion
Disney is getting ready to shed its ownership stake in A+E Global Media, the cable-focused programmer it has owned jointly with Hearst for more than a decade. Disney will sell its 50% stake in A+E Global Media (formerly known as A+E Networks) to Hearst, in a transaction valued at over $1 billion, a source familiar […]
By Todd Spangler
Read full article →Disney Selling A+E Global Media Stake To Hearst In Billion-Dollar Deal
Disney is shedding a linear asset, selling its 50% stake in A+E Global Media, Deadline has confirmed. The deal, believed to be worth north of $1 billion and all-cash, is being finalized and is expected to be revealed at Disney’s earnings call next week. Word of the pending announcement was tweeted by analyst Rich Greenfield […]
By Nellie Andreeva
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