Hearst to Buy Disney's 50% Stake in A+E Global Media for About $1.2 Billion
By Josh Beckerman
Hearst agreed to buy Walt Disney's 50% stake in A+E Global Media for about $1.2 billion, which will give it full ownership of prominent brands such as Lifetime and The History Channel.
Hearst expects to close the deal in September, subject to customary closing conditions.
"In a media environment defined by fragmentation, A+E Global Media's advantage is the strength and versatility of our brands, our strong partnerships and our vast library of owned assets," said Paul Buccieri, president and chairman of A+E Global Media.
A+E Global Media reaches more than 414 million households.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
August 04, 2026 17:32 ET (21:32 GMT)
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