Disney exits A+E as media conglomerate Hearst gains full ownership in $1.2 billion deal
Disney+ logo is seen in this illustration taken August 5, 2025. REUTERS/Dado Ruvic/Illustration
Read a summary of this article on FAST.
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST
Tap here to return to FAST
FAST
Aug 4 : Privately held U.S. media conglomerate Hearst on Tuesday struck a deal to acquire Disney’s 50 per cent stake in A+E Global Media for about $1.2 billion in cash, giving it full ownership of the television and content business.
Disney’s exit from A+E follows the company’s efforts to prioritize streaming and ESPN, even as it evaluates the role of some traditional linear TV assets amid declining cable subscriptions.
• The transaction is expected to close in September. A+E will then become a wholly owned Hearst business within the company’s entertainment group, Hearst said in a statement.
• A+E, previously a 50-50 venture between Hearst and Disney, operates television brands including A&E, Lifetime, The History Channel, LMN, FYI and Vice TV. It reaches more than 414 million households across 200 territories in 40 languages.
Guess Word
Crack the word, one row at a time
Buzzword
Create words using the given letters
Mini Sudoku
Tiny puzzle, mighty brain teaser
Mini Crossword
Small grid, big challenge
Word Search
Spot as many words as you can
• The company would continue expanding its content business across platforms and international markets following the deal, said Paul Buccieri, A+E’s president and chairman.
• “We look forward to supporting Paul Buccieri and A+E Global Media’s leadership team as they continue to make must-see programs and innovate around the great History, Lifetime and A&E brands,” Hearst CEO Steven Swartz said.
• Hearst, which also owns an 18 per cent stake in ESPN, has interests spanning television, newspapers, magazines, financial services and healthcare information businesses.
Source: Reuters
Sign up for our newsletters
Get the CNA app
Stay updated with notifications for breaking news and our best stories
Get WhatsApp alerts
Join our channel for the top reads for the day on your preferred chat app
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST
Tap here to return to FAST
FAST
About The Author
