Hearst Clinches Deal to Buy Out A+E Global Media Stake From Disney for $1.2 Billion

Hearst has set a deal to acquire Disney’s 50% stake in A+E Global Media, the parent company of Lifetime, History Channel, A&E Network and other assets in a deal that calls for Hearst to pay Disney $1.2 billion in cash. Disney and Hearst have been 50-50 partners in A+E Global Media for more than a […]

This report comes from Variety. The story centres on Hearst Clinches Deal to Buy Out A+E Global Media Stake From Disney for $1.2 Billion. Full coverage and background context is available at the original source. Readers seeking more detail on this developing topic are encouraged to follow updates from Variety and related outlets covering this beat.