Tag: disney exits
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Disney exits A+E as media conglomerate Hearst gains full ownership in $1.2 billion deal
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
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