Hearst to Buy Disney's 50% Stake in A+E Global Media for About $1.2B
Dow Jones2026/08/04 21:17By 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 17:17 ET (21:17 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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