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Disney And Hearst Exploring Sale Of A+E Global Media
A+E Global Media, parent of long-established cable networks A&E, History and Lifetime, is exploring a potential sale.
The company, a joint venture of Disney and Hearst which rebranded earlier this year from A+E Networks, has retained Wells Fargo to help it look at various strategic options, a person familiar with the situation told Deadline. An outright sale may not end up being the ultimate plan, and a transaction possibly might not occur at all if the terms don’t turn out to be favorable. Each had about 58 million domestic subscribers as of September 2024, the end of Disney’s fiscal year, per Nielsen Media Research estimates.
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