Disney Expected to Sell 50% Stake in A+E to Hearst for More Than $1 Billion

By Todd Spangler

Todd Spangler

NY Digital Editor

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• Disney Expected to Sell 50% Stake in A+E to Hearst for More Than $1 Billion 13 minutes ago
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Disney is getting ready to shed its ownership stake in A+E Global Media, the cable-focused programmer it has owned jointly with Hearst for more than a decade.

Disney will sell its 50% stake in A+E Global Media (formerly known as A+E Networks) to Hearst, in a transaction valued at over $1 billion, a source familiar with the plans confirmed. The sale, giving Hearst 100% control over A+E going forward, is expected to be finalized next week and announced in conjunction with Disney’s quarterly earnings on Aug. 5.

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