Disney and Hearst Consider Selling A+E Global Media Amid Market Competition
Disney and Hearst are exploring the potential sale of A+E Global Media, which owns cable networks like A&E, History, and Lifetime, amid industry shifts away from traditional linear TV. The move reflects broader industry trends of spinning off cable assets as viewership declines and streaming rises. The sale may not necessarily happen if terms are unfavorable, and other media companies are also considering or executing similar spinoffs. Disney's linear assets remain valuable but are increasingly seen as non-core in a changing media landscape.