Disney Closes $1.2 Billion Deal To Sell A+E Global Media Stake To Hearst

It’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. A+E Global Media, parent of established cable networks A&E, the History and Lifetime suite of channels and FYI, was a 50-50 venture between Disney […]