Reports: Disney, Hearst tap Wells Fargo to explore sale of A+E Global Media
The joint venture includes cable channels like Lifetime, Vice TV and the History Channel, as well as a robust slate of international networks.
thedesk.net
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.
deadline.com
In Disney's case they are selling their shares of A+E Global Media because they have to protect Hulu and Disney+. For Hearst they are in the process of getting Dallas Morning News deal approved. Yes as always we mentioned how Cable is being killed off by streaming TV in the same way NBCUniversal is spinning off their Cable division to VersantMedia as part of the move to protect Peacock and WB in the process of protecting HBO Max by spinning off their cable channels.
Dallas Morning News to be acquired by media company Hearst
Hearst, an international media company, is set to acquire The Dallas Morning News, the companies announced.
www.nbcdfw.com
