Reports: Disney, Hearst Tap Wells Fargo to Explore Sale of A+E Global Media
NEW YORK, JUL 8 – Disney and Hearst hired Wells Fargo to manage the sale of A+E Global Media amid industry-wide divestitures of cable channels challenged by cord-cutting, sources said.
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Disney Is Reportedly Selling Some Of Its Cable Networks
In a seismic shift for the media landscape, A+E Global Media, the parent company of iconic cable channels A&E Network, History, and Lifetime, is officially up for sale. The 50-50 joint venture between The Walt Disney Co. and Hearst has enlisted Wells Fargo’s investment banking arm to manage the sale process, sources confirmed to Variety. […] The post Disney Is Reportedly Selling Some Of Its Cable Networks appeared first on Cord Cutters News.
Reports: Disney, Hearst tap Wells Fargo to explore sale of A+E Global Media
The properties of A+E Global Media include the flagship A&E, the History Channel, Lifetime and Vice TV, among others. (Courtesy image, Graphic by The Desk) The Walt Disney Company and Hearst Television have retained a financial firm to help it explore a possible sale of its joint venture A+E Global Media, according to numerous trade reports on Tuesday. The possible sale, which could be effectuate as a wholesale transaction or involve divvying up…
Disney, Hearst Consider Sale of A+E Cable-TV Networks Business
Walt Disney Co. and Hearst Corp. are considering a sale of their A+E Global Media joint venture, which includes cable-TV channels such as History and Lifetime, according to a person familiar with the discussions.
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 […]
A&E, Lifetime and History Parent A+E Global Media Up for Sale as Disney and Hearst Test Demand Amid the Cable Channel Scramble
A&E Network, Lifetime and History have quietly been put up for sale as A+E Global Media parents Disney and Hearst test the demand for the brands.
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