Wednesday, 5 August, 2026
Cable Cut: Disney Offloads A+E Stake to Hearst in $1.2 Billion Cash Exit
By TechShots Studio
Disney has officially sold its 50% stake in A+E Global Media to joint venture partner Hearst in a $1.2 billion all-cash deal. The transaction, set to close in September, grants Hearst full ownership of iconic networks like A&E, Lifetime, and The History Channel, allowing Disney to streamline its portfolio and reduce exposure to traditional linear cable.