WorldPingIt’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.
This is a short WorldPing brief. The full report was published by Deadline.
Read the full report at Deadline
WorldPingHearst 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.
Brief by WorldPing · Original reporting by Variety
The two companies had been equal partners in the joint venture, going back decades.
Brief by WorldPing · Original reporting by Hollywood Reporter
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Brief by WorldPing · Original reporting by Variety
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