Disney Selling A+E Global Media Stake To Hearst In Billion-Dollar Deal

Disney is shedding a linear asset, selling its 50% stake in A+E Global Media to co-owner Hearst Communications, Deadline has learned. The deal, believed to be worth north of $1 billion and all-cash, is being finalized and is expected to be revealed at Disney’s earnings call next week. Word of the pending announcement was tweeted […]