Disney and Hearst Consider Selling A+E Global Media Amid Market Shift

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Source: Variety
TL;DR Summary

A+E Global Media, owner of A&E, Lifetime, and History channels, is up for sale, with Disney and Hearst seeking potential buyers amid industry shifts and asset divestments by major media companies like NBCUniversal and Warner Bros. Discovery. The sale includes linear channels, content units, and digital assets, though it's uncertain if the entire company will be sold. This move reflects broader industry trends of downsizing traditional cable assets in favor of streaming and digital platforms.

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